Head Insurance Underwriter -Commercial line - IQ/0144

Head Insurance Underwriter -Commercial line - IQ/0144

About the role: 

This role involves leading the underwriting process for commercial insurance lines, assessing risks, and liaising with clients and insurers to ensure compliance and effective policy management.

Job description: Analyse insurance proposals and assess risk based on underwriting guidelines., Prepare underwriting reports, quotations, and technical evaluations., and Liaise with insurance companies for quotations, negotiations, and policy terms.

Required Candidate profile: Graduate / Postgraduate in Insurance, Finance, or related field Must-have: Understanding of the assigned insurance line (Commercial Line), Analytical and risk assessment skills, Negotiation and.

Suggested role: Head Insurance Underwriter -Commercial line

Suggested department: Data & Analytics

Key details: 

Location: Kothrud  

Experience: 1–5 years  

Openings: 1  

Job type: Replacement  

Shift: Day Shift   

Qualification: Graduate / Postgraduate in Insurance, Finance, or related field  

Must-have skills:  

- Understanding of the assigned insurance line (Commercial Line)  

- Analytical and risk assessment skills  

- Negotiation and communication skills  

- MS Excel proficiency  

- Attention to detail and time management  

Compulsory skills: Understanding of the assigned insurance line (Commercial Line), Analytical and risk assessment skills

Key responsibilities:  

- Analyse insurance proposals and assess risk based on underwriting guidelines.  

- Prepare underwriting reports, quotations, and technical evaluations.  

- Liaise with insurance companies for quotations, negotiations, and policy terms.  

- Support the sales team with technical inputs for new business and renewals.  

- Manage renewals including pricing, negotiations, and timely closures.  

- Ensure compliance with IRDAI regulations and company policies.