Product Lead, Surety Underwriting

Position Overview

MNS Credit Management Group is a leading provider of B2B collections, Business Information Reports (BIR), and enterprise risk solutions. Headquartered in New Delhi and established in 1996, MNS serves global and Indian enterprises with a 150+ member team across collections, risk intelligence, legal, and advisory. We are looking for an experienced Insurance Underwriting Leader to own product for Surety Bondsfrom Underwriting (risk models, pricing, rules engine, workflow) to Project Monitoring (progress, alerts, covenants). Youll translate regulatory, actuarial, and field underwriting wisdom into a scalable platform that insurers, brokers, and large contractors can trust.

Key Responsibilities

• Product Strategy & Roadmap: Define vision, success metrics, and phased roadmap for Surety Underwriting & Monitoring; align with revenue, loss ratio, and service TAT goals.
• Underwriting Engine: Design UW questionnaires, risk scoring, eligibility rules (auto-approve/refer/decline), pricing & collateral logic, counter-indemnity capture, and authority matrices.
• Project Monitoring Module: Ship milestone tracking, WoH (work-on-hand) limits, early-warning signals (delays, cost overruns, compliances), geo-tagged site updates, document proofs (RA bills, PC, BOQ, BGSurety replacements).
• Workflow & UX: Build role-based workbenches for Underwriters, Issuance Ops, Brokers, and Claims; create neat case layouts, checklists, and audit trails; ensure one-click issuance with printable bond forms.
• Reinsurance & Co-surety: Support treaty/facultative workflows, cession splits, bordereaux, and endorsements; enable capacity checks and reinsurer approvals in-app.
• Stakeholder Management: Orchestrate inputs across Underwriting, Claims, Reinsurance, Legal/InfoSec, and Sales; resolve trade-offs and keep decisions documented.

Qualifications

• 3-6+ years in product management or underwriting/product-ops within surety/credit insurance/trade finance/risk tech; at least 2+ years owning complex B2B workflows or rules engines.
• Demonstrated delivery of a risk or underwriting platform (pricing/rules, decisioning, workflows, and analytics).
• Strong stakeholder leadership across underwriting, engineering, and compliance
• Understanding of Surety bond types (Bid/EMD, Performance, Advance Payment, Retention/Maintenance), indemnities/collateral, limits & WoH, and claims/recovery basics.
• Familiarity with IRDAI context for surety, insurer onboarding/vendor audits, and record-keeping requirements.