Senior Manager - Marine Underwriting - General Insurance

The details of the position are:

Company : Leading General Insurance Ltd.

Division : Marine Underwriting

Designation : Sr. Manager Marine Underwriter

Reporting to : AVP - Marine Underwriter

Job Location : Mumbai

Work Days : 5

Job Summary :

Technical underwriting role with strong analytical acumen and team leadership to drive underwriting projects.

Function / Responsibilities :

CUW : Marine Cargo would be assigned with following responsibilities

- Underwriting responsibilities of marine cargo proposals which are being referred to corporate office as per underwriting guidelines of ILGIC

- Loss ratio tracking and management- to achieve budgeted targets

- Owning and driving a particular group of cargo in terms of

- Identification of profitable segments for premium growth

- Introduce and implement required Risk Management in collusion with separate risk management team

Competencies :

Desired Candidate should possess following skills :

Sound understanding of marine cargo insurance subject and should be well versed with the following :

- Institute and Non Institute Clauses

- Maritime trade and its processes

- Underwriting contours that enables acceptance and rejection of proposals

- Basic knowledge of Reinsurance

- Analytical skills

- Team Player with following soft skills

- Strong inter personal and negotiation skills

- Open to learn new skills

Education :

- MBA in insurance preferred

- Fellow of Insurance Institute of India

- ACII- Desirable

- Any Graduates

Experience :

- Atleast 5 to 7 years in relevant insurance sector