AVP - Motor Underwriter - General Insurance Firm

Profile:

1. Driving underwriting strategy formulation and setting up processes for the function.

2. Preparation of product policy wordings, underwriting guidelines, rating structure & schedule & other relevant documents for filing of products with IRDA.

3. Interacting with Marketing, Claims, and Actuarial Team for review/follow up and finalizing underwriting guidelines for all products.

4. Coordinating with technology teams for maintaining the system & new requirements.

5. Product development as per customer requirements, market research and improve the effectiveness of existing products.

6. Contributing to the growth of the business by regular interactions with brokers and Intermediaries.

7. Analyzing the performance of general insurance products at regular intervals and taking proactive actions to control & normalize the portfolio in consultation with the sales and claims team.

8. Developing a monitoring system for underwriting control, enforcement of risk acceptance discipline.

9. Preparing reports for the Management Committee at regular intervals on the performance of the product portfolio and fine-tune operations as per the business requirement.

10. Analyzing incurred claims ratio, review of the portfolio, and taking proactive action for loss control measures.

Ideal Applicant

- Total of 5+ years of core experience in Motor Underwriting.

- Expertise in handling large zones

- Experience in analytics, pricing, research, controls & strategizing.

- Knowledge of Process and product development.