Bajaj Allianz - State Commercial Underwriter

1. Relationship management Risk Assessment and UW

- Implementation and monitoring of various underwriting guidelines related to Commercial products.

- Main accountability includes Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions etc.), Renewal business, etc. within the purview of set Underwriting Guideline to achieve the desired business outcomes

- Maintain TAT and compliance as per UW authority matrix.

- Reviewing proposals and providing Inputs in terms of local market dynamics, nature of business, quality of risk and recommendations thereof.

- Strong market intelligence i.e. a broader view of the market we operate in /competitors' details for formulating internal strategies.

- Work in close coordination with the sales team on the available profitable business opportunities falling with the underwriting guidelines of the company.

- Review the risk based on the market intelligence and based on the third-party risk inspection reports

2. Interacting with internal stakeholders (Operations, Marketing, Finance, Claims etc.) to meet the smooth proceedings of the business requirements at various stages

- Develop the key relationship with major clients and Intermediaries along with marketing team to develop long term sustainable business growth

3. Analytics & MIS Reporting

Analysing the risk and identifying business that can be picked up in declined risk category and seek necessary approvals from seniors/HO for the same.