SME Commercial Insurance , RFQ , Underwriting Specialist , Ins Quote

Job Opening: SME / Commercial Insurance RFQ & Underwriting Specialist

Location: Andheri , Mumbai 400057.

Experience: 2 to 10 years

Industry: General Insurance / Insurance Broking

Employment Type: Full-time

Job Description

We are looking for an experienced SME / Commercial Insurance professional with strong hands-on expertise in RFQ preparation, underwriting coordination, pricing negotiations, and client advisory. The candidate should have worked with a General Insurance Broker or General Insurance Company in India and be well-versed with commercial insurance products.

Key Responsibilities

• Preparation and management of SME / Commercial RFQs (Property, Fire, Marine, Engineering, etc.)
• Coordination with insurance companies for quote procurement, negotiations, and finalization
• Ensuring correct rating based on:
• Occupancy & risk profile
• Discounts & loadings
• Add-on covers & extensions
• Negotiating competitive terms, conditions, deductibles, and premiums
• Explaining coverage, exclusions, and policy terms clearly to clients
• Drafting / reviewing policy wordings, special clauses, and endorsements to ensure adequate coverage
• Liaising with insurers for risk acceptance, referrals, and underwriting clarifications
• Supporting sales team with technical inputs and placement strategy

Required Skills & Knowledge

• Strong understanding of commercial insurance products and underwriting practices
• Ability to interpret policy wordings and coverage gaps
• Excellent negotiation and communication skills
• Hands-on experience with SME / mid-market commercial risks
• Client-facing experience with professional advisory mindset
• Knowledge of Indian insurance market & insurer underwriting appetite

Eligibility Criteria

• Minimum 2+ years of relevant experience
• Must have worked with:
• A General Insurance Broker, OR
• A General Insurance Company (Commercial / Underwriting / Corporate Desk)
• Graduation mandatory (Insurance / Risk Management qualifications preferred)

What We Offer

• Competitive compensation (best in the industry for the right candidate)
• Exposure to diversified commercial portfolios
• Growth-oriented work environment
• Direct interaction with insurers and key corporate clients

How to Apply

Interested candidates may apply with their updated CV or email resumes at [email removed]