983 Commercial Insurance jobs in India
Commercial Insurance Broker
570001 Mysore, Karnataka
₹40000 Monthly
WhatJobs
Posted 2 days ago
Job Viewed
Job Description
Our client, a reputable insurance firm, is seeking a motivated and client-focused Commercial Insurance Broker to join their team in Mysuru, Karnataka . This position requires strong sales acumen, a comprehensive understanding of commercial insurance products, and the ability to build and maintain lasting client relationships. You will be responsible for identifying potential clients, assessing their insurance needs, and providing tailored solutions to protect their businesses.
Key Responsibilities:
Key Responsibilities:
- Proactively identify and prospect for new commercial clients through various channels, including networking, referrals, and targeted outreach.
- Conduct thorough needs analyses with prospective and existing clients to understand their business operations, risks, and insurance requirements.
- Develop and present customized insurance proposals, effectively explaining coverage options, policy terms, and pricing.
- Negotiate terms and premiums with insurance carriers to secure the best possible coverage for clients.
- Manage a portfolio of commercial clients, ensuring ongoing satisfaction and retention.
- Handle client inquiries, claims support, and policy renewals efficiently and professionally.
- Stay informed about market trends, new insurance products, and regulatory changes affecting commercial insurance.
- Collaborate with internal teams, including underwriting and claims departments, to provide seamless service to clients.
- Achieve and exceed established sales targets and business development goals.
- Maintain accurate client records and sales activity logs in the CRM system.
- Build and maintain strong relationships with insurance carriers and underwriters.
- Provide exceptional customer service throughout the client lifecycle.
- Educate clients on risk management strategies to help mitigate potential losses.
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Minimum of 3 years of experience as an Insurance Broker or in a related sales role within the insurance industry.
- Possession of a valid IRDAI license or eligibility to obtain one.
- Proven track record of successfully selling commercial insurance policies.
- In-depth knowledge of various commercial insurance lines, such as Property, Liability, Workers' Compensation, and Business Interruption.
- Excellent communication, negotiation, and interpersonal skills.
- Strong sales and business development capabilities.
- Proficiency in using CRM software and other sales enablement tools.
- Ability to work independently and manage time effectively.
- A client-centric approach with a commitment to providing outstanding service.
- Understanding of risk assessment and management principles.
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0
Commercial Insurance Underwriter
201301 Ghaziabad, Uttar Pradesh
₹700000 Annually
WhatJobs
Posted 3 days ago
Job Viewed
Job Description
Our client is seeking a detail-oriented and analytical Commercial Insurance Underwriter to join their growing team in **Ghaziabad, Uttar Pradesh**. This hybrid role offers a balance between in-office collaboration and remote flexibility, allowing you to contribute effectively to our underwriting operations. As an underwriter, you will be responsible for evaluating, selecting, and pricing commercial insurance risks to ensure profitability and adherence to company guidelines. You will analyze complex applications, financial statements, and other relevant documentation to assess the degree of risk involved in insuring a prospect.
Key responsibilities include developing and maintaining strong relationships with brokers and agents, providing them with timely and accurate underwriting advice. You will utilize underwriting guidelines, tools, and systems to make informed decisions on policy issuance, endorsements, and renewals. A crucial part of this role involves identifying potential risks and recommending appropriate coverage, terms, and conditions. You will also monitor market trends, competitor activities, and regulatory changes to ensure our underwriting strategies remain competitive and compliant. This position requires a proactive approach to risk management, sound judgment, and the ability to communicate complex insurance concepts clearly.
We are looking for individuals with a strong understanding of commercial insurance products, including property, casualty, and liability lines. Excellent analytical, problem-solving, and decision-making skills are essential. You should be adept at interpreting financial data and risk assessments. The ability to work effectively in a hybrid environment, balancing remote work with occasional office presence, is a must. This role offers a significant opportunity for professional growth within the insurance sector, with potential for advancement based on performance and expertise. If you are a driven professional with a passion for risk assessment and a commitment to excellent client service, we encourage you to apply. You will be part of a supportive team dedicated to upholding the highest standards of underwriting excellence.
Responsibilities:
Key responsibilities include developing and maintaining strong relationships with brokers and agents, providing them with timely and accurate underwriting advice. You will utilize underwriting guidelines, tools, and systems to make informed decisions on policy issuance, endorsements, and renewals. A crucial part of this role involves identifying potential risks and recommending appropriate coverage, terms, and conditions. You will also monitor market trends, competitor activities, and regulatory changes to ensure our underwriting strategies remain competitive and compliant. This position requires a proactive approach to risk management, sound judgment, and the ability to communicate complex insurance concepts clearly.
We are looking for individuals with a strong understanding of commercial insurance products, including property, casualty, and liability lines. Excellent analytical, problem-solving, and decision-making skills are essential. You should be adept at interpreting financial data and risk assessments. The ability to work effectively in a hybrid environment, balancing remote work with occasional office presence, is a must. This role offers a significant opportunity for professional growth within the insurance sector, with potential for advancement based on performance and expertise. If you are a driven professional with a passion for risk assessment and a commitment to excellent client service, we encourage you to apply. You will be part of a supportive team dedicated to upholding the highest standards of underwriting excellence.
Responsibilities:
- Evaluate and underwrite commercial insurance applications.
- Assess risks based on financial data, loss history, and other relevant information.
- Determine appropriate coverage, terms, conditions, and pricing.
- Develop and maintain strong relationships with brokers and agents.
- Ensure compliance with underwriting guidelines and regulatory requirements.
- Monitor market trends and competitor activities.
- Communicate underwriting decisions and rationale clearly.
- Manage a portfolio of commercial insurance business.
- Contribute to the development and refinement of underwriting policies.
- Bachelor's degree in Finance, Business Administration, or a related field.
- Minimum of 3 years of experience in commercial insurance underwriting.
- Strong knowledge of property and casualty insurance lines.
- Excellent analytical and risk assessment skills.
- Proficiency in underwriting software and MS Office Suite.
- Effective communication and interpersonal skills.
- Ability to work effectively in a hybrid work environment.
This advertiser has chosen not to accept applicants from your region.
1
Commercial Insurance Underwriter
302001 Jaipur, Rajasthan
₹60000 Annually
WhatJobs
Posted 5 days ago
Job Viewed
Job Description
Our client is seeking a diligent and analytical Commercial Insurance Underwriter to join their team in Jaipur, Rajasthan, IN . This role is responsible for evaluating and accepting or rejecting insurance risks within established guidelines to ensure profitability and compliance. You will assess insurance applications, determine appropriate coverage, and set premium rates based on risk assessment and company policies. A key responsibility is to conduct thorough reviews of complex commercial insurance applications, analyzing financial statements, loss history, business operations, and other relevant data to determine the level of risk associated with each applicant. You will utilize various underwriting tools and resources to make informed decisions and ensure that all policies are underwritten to company standards. Building and maintaining strong relationships with insurance brokers and agents is also vital, providing them with clear guidance and support on underwriting decisions. You will stay updated on industry regulations, market trends, and new product developments to ensure competitive and compliant underwriting practices. Identifying opportunities to retain profitable business and mitigate potential losses is a core function. The Commercial Insurance Underwriter will also be involved in reviewing and recommending changes to underwriting guidelines and procedures to improve efficiency and effectiveness. Excellent attention to detail, strong analytical skills, and a solid understanding of commercial insurance products are essential. This is a fantastic opportunity for a detail-oriented professional looking to advance their career in the insurance sector. Responsibilities include:
- Evaluating and underwriting commercial insurance applications.
- Assessing risks and determining appropriate coverage and premium rates.
- Analyzing financial statements, loss runs, and other relevant documents.
- Ensuring compliance with underwriting guidelines and regulatory requirements.
- Building and maintaining relationships with brokers and agents.
- Monitoring and managing a portfolio of commercial insurance risks.
- Identifying opportunities for risk mitigation and loss prevention.
- Recommending updates to underwriting policies and procedures.
- Providing guidance and support to other team members.
- Staying informed about industry trends and market conditions.
This advertiser has chosen not to accept applicants from your region.
2
Commercial Insurance Underwriter
440001 Nagpur, Maharashtra
₹60000 Annually
WhatJobs
Posted 12 days ago
Job Viewed
Job Description
Our client, a leading provider in the insurance sector, is seeking an experienced and meticulous Commercial Insurance Underwriter to join their team in Nagpur, Maharashtra, IN . This role is critical in assessing and managing risk for commercial clients, ensuring the profitability and stability of the company's underwriting portfolio. The ideal candidate will possess strong analytical skills, a deep understanding of commercial insurance products, and the ability to make informed decisions regarding risk appetite and pricing. This is a fantastic opportunity to grow your career within a respected financial services organization.
Responsibilities:
Responsibilities:
- Evaluate and underwrite new and renewal commercial insurance applications, assessing risks associated with various businesses and industries.
- Analyze financial statements, business operations, loss history, and other relevant data to determine insurability and appropriate coverage levels.
- Develop pricing structures and policy terms that align with risk assessment and company guidelines.
- Maintain strong relationships with insurance brokers and agents, providing guidance and support on underwriting decisions.
- Ensure compliance with all regulatory requirements, company policies, and underwriting standards.
- Monitor the performance of the underwriting portfolio, identifying trends and potential issues.
- Collaborate with claims, legal, and sales departments to ensure cohesive risk management strategies.
- Stay current with market trends, economic conditions, and changes in legislation affecting commercial insurance.
- Utilize underwriting software and tools to process applications and manage policy information efficiently.
- Conduct thorough risk assessments for complex accounts, seeking expert advice when necessary.
- Prepare detailed underwriting reports and recommendations for management.
- Contribute to the development and refinement of underwriting guidelines and best practices.
- Actively participate in team meetings and contribute to a positive and productive work environment.
- Bachelor's degree in Finance, Business Administration, Economics, or a related field.
- Minimum of 4-6 years of experience in commercial insurance underwriting.
- In-depth knowledge of various commercial insurance lines of business (e.g., General Liability, Property, Workers' Compensation, Commercial Auto).
- Strong analytical, quantitative, and decision-making skills.
- Excellent understanding of risk assessment principles and financial analysis.
- Proficiency in underwriting software and MS Office Suite.
- Strong negotiation and communication skills, with the ability to build rapport with brokers and clients.
- Ability to work independently, manage a diverse workload, and meet deadlines.
- Relevant professional designations (e.g., AU, CPCU) are highly desirable.
- A keen understanding of the local and national business landscape.
This advertiser has chosen not to accept applicants from your region.
3
Commercial Insurance Broker
462001 Bhopal, Madhya Pradesh
₹600000 Annually
WhatJobs
Posted 13 days ago
Job Viewed
Job Description
Our client is actively seeking a motivated and skilled Commercial Insurance Broker to join their fully remote sales and service team. This is a remote-first opportunity, allowing you to build and manage client relationships from anywhere. You will be instrumental in identifying client needs and providing tailored insurance solutions for businesses.
Responsibilities:
This role is based in the city of Bhopal, Madhya Pradesh, IN , but operates entirely remotely. Our client is a leader in providing comprehensive insurance solutions to businesses of all sizes. We are committed to a remote-first approach, equipping our team with the tools and support needed for success in a virtual environment. The ideal candidate will possess strong sales acumen, excellent communication and negotiation skills, and a deep understanding of commercial insurance products. If you are a results-oriented professional looking for a flexible and rewarding career in the insurance industry, we encourage you to apply. This is an exciting chance to contribute to a growing company while enjoying the benefits of remote work.
Responsibilities:
- Develop and maintain a portfolio of commercial insurance clients.
- Identify potential clients and generate new business through prospecting and networking.
- Analyze client needs and recommend appropriate insurance products and coverage.
- Explain policy details, coverage options, and benefits to clients.
- Negotiate terms and pricing with insurance carriers on behalf of clients.
- Prepare and present insurance proposals and quotes.
- Manage client accounts, ensuring client satisfaction and retention.
- Stay up-to-date on market trends, new insurance products, and regulatory changes.
- Process insurance applications and coordinate with underwriting teams.
- Handle client inquiries, claims assistance, and policy endorsements.
- Provide exceptional customer service and build long-term relationships.
- Meet or exceed sales targets and performance goals.
- Collaborate with internal teams to ensure seamless service delivery.
- Adhere to all ethical and regulatory requirements for insurance brokers.
- Continuously seek opportunities to expand knowledge and sales capabilities.
This role is based in the city of Bhopal, Madhya Pradesh, IN , but operates entirely remotely. Our client is a leader in providing comprehensive insurance solutions to businesses of all sizes. We are committed to a remote-first approach, equipping our team with the tools and support needed for success in a virtual environment. The ideal candidate will possess strong sales acumen, excellent communication and negotiation skills, and a deep understanding of commercial insurance products. If you are a results-oriented professional looking for a flexible and rewarding career in the insurance industry, we encourage you to apply. This is an exciting chance to contribute to a growing company while enjoying the benefits of remote work.
This advertiser has chosen not to accept applicants from your region.
4
Commercial Insurance Underwriter
700001 Kolkata, West Bengal
₹800000 Annually
WhatJobs
Posted 14 days ago
Job Viewed
Job Description
We are looking for a skilled Commercial Insurance Underwriter to join our established team in Kolkata, West Bengal, IN . In this role, you will be responsible for evaluating and selecting commercial insurance risks, determining appropriate coverage terms, and setting premium rates to ensure profitability. Your primary duties will involve analyzing applications, financial statements, loss history, and other relevant data to assess risk exposure for businesses across various industries. You will collaborate with insurance brokers and agents to gather necessary information and negotiate policy terms. A thorough understanding of commercial insurance products, legal and regulatory requirements, and market trends is essential. The ideal candidate will possess strong analytical and decision-making skills, with a keen eye for detail and accuracy. Excellent communication and interpersonal skills are required for building relationships with external partners and internal stakeholders. A Bachelor's degree in Finance, Economics, Business Administration, or a related field is preferred, along with relevant professional certifications (e.g., ACII, FLMI). A minimum of 4 years of experience in insurance underwriting, preferably in commercial lines, is required. This hybrid role allows for a combination of remote work and in-office collaboration, offering flexibility while maintaining team cohesion. You will contribute to the growth and stability of our insurance portfolio. If you are a meticulous and insightful underwriter seeking a challenging and rewarding career in Kolkata, we encourage you to apply.
This advertiser has chosen not to accept applicants from your region.
5
Commercial Insurance Underwriter
530001 Visakhapatnam, Andhra Pradesh
₹50000 Monthly
WhatJobs
Posted 16 days ago
Job Viewed
Job Description
Our client is seeking a detail-oriented and analytical Commercial Insurance Underwriter to join their reputable team. In this role, you will be responsible for evaluating and assessing insurance applications for commercial clients, determining risk exposure, and deciding on policy terms, conditions, and pricing. You will work closely with brokers and agents to gather necessary information and ensure accurate risk assessment. The ideal candidate will possess strong analytical and decision-making skills, a thorough understanding of insurance principles and regulations, and excellent attention to detail. Responsibilities include analyzing financial statements, business operations, and loss history to underwrite new business and renew existing policies. You will also monitor market trends and competitor activities to ensure the competitiveness and profitability of the company's product offerings. Maintaining strong relationships with internal and external stakeholders is crucial. This position requires a proactive approach to risk management and a commitment to providing excellent customer service. The role is based in Visakhapatnam, Andhra Pradesh, IN , and requires the successful candidate to be present in the office. A minimum of 3 years of experience in commercial insurance underwriting is preferred, along with relevant professional certifications. Strong negotiation and communication skills are essential for success in this demanding role. You will be expected to stay current with industry changes and compliance requirements.
Key Responsibilities:
Key Responsibilities:
- Evaluate commercial insurance applications and assess risk exposures.
- Determine appropriate policy terms, conditions, and pricing.
- Analyze financial data, business operations, and loss histories.
- Underwrite new business and renew existing policies.
- Maintain accurate and detailed records of underwriting decisions.
- Collaborate with brokers, agents, and clients to gather necessary information.
- Monitor market trends and competitor activities.
- Ensure compliance with all regulatory requirements and company policies.
- Provide excellent customer service and build strong relationships.
- Contribute to the profitability and growth of the underwriting department.
- Bachelor's degree in Finance, Business Administration, or a related field.
- 3+ years of experience in commercial insurance underwriting.
- Strong understanding of insurance principles, practices, and regulations.
- Excellent analytical, critical thinking, and decision-making skills.
- Proficiency in underwriting software and MS Office Suite.
- Detail-oriented with strong organizational skills.
- Effective communication and negotiation abilities.
- Ability to work independently and as part of a team.
- Relevant professional certifications (e.g., ACII, CPCU) are a plus.
This advertiser has chosen not to accept applicants from your region.
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6
Commercial Insurance Underwriter
302012 Jaipur, Rajasthan
₹55000 Annually
WhatJobs
Posted 23 days ago
Job Viewed
Job Description
Our client is seeking a meticulous and analytical Commercial Insurance Underwriter to join their established team in **Jaipur, Rajasthan, IN**. In this role, you will be responsible for evaluating and assessing insurance risks for businesses, determining coverage terms, and setting appropriate premiums. You will work closely with brokers and agents to gather necessary information, analyze financial data, and ensure that policies align with the company's underwriting guidelines and risk appetite.
Key responsibilities include:
The ideal candidate will have a strong understanding of insurance principles and commercial lines of business. Excellent analytical and critical thinking skills are essential, along with a keen eye for detail. Strong communication and interpersonal skills are required to effectively interact with internal and external stakeholders. A background in finance, economics, or a related field is beneficial. Prior experience in insurance underwriting is highly preferred. If you are a detail-oriented professional with a passion for risk assessment and a desire to contribute to a leading insurance provider, we encourage you to apply.
Key responsibilities include:
- Reviewing and analyzing insurance applications and associated documentation for commercial clients.
- Assessing risks associated with various business operations, considering factors such as industry, financial stability, and loss history.
- Determining appropriate coverage levels, terms, conditions, and pricing for new and renewal policies.
- Utilizing underwriting tools and analytics to make informed decisions.
- Communicating effectively with brokers, agents, and policyholders to gather information and explain underwriting decisions.
- Adhering to all regulatory requirements and company underwriting policies.
- Monitoring the performance of the underwriting portfolio and identifying trends.
- Developing and maintaining strong relationships with key brokers and agents.
- Providing insights and recommendations to enhance underwriting processes and strategies.
The ideal candidate will have a strong understanding of insurance principles and commercial lines of business. Excellent analytical and critical thinking skills are essential, along with a keen eye for detail. Strong communication and interpersonal skills are required to effectively interact with internal and external stakeholders. A background in finance, economics, or a related field is beneficial. Prior experience in insurance underwriting is highly preferred. If you are a detail-oriented professional with a passion for risk assessment and a desire to contribute to a leading insurance provider, we encourage you to apply.
This advertiser has chosen not to accept applicants from your region.
7
Commercial Insurance Underwriter
700071 Kolkata, West Bengal
₹70000 Annually
WhatJobs
Posted 23 days ago
Job Viewed
Job Description
Our client, a leading name in the insurance sector, is looking for a diligent and analytical Commercial Insurance Underwriter to join their expanding team. This role involves assessing and determining the eligibility of insurance applications for commercial clients, managing risk, and ensuring profitability. You will work with a diverse portfolio of businesses, evaluating their unique needs and tailoring insurance solutions accordingly. The ideal candidate possesses strong analytical skills, a keen eye for detail, and a solid understanding of commercial insurance products and regulations. Responsibilities include reviewing application data, conducting financial analysis, assessing risk factors, and setting appropriate premiums and coverage terms. You will collaborate closely with brokers and agents to gather necessary information and provide clear explanations of underwriting decisions. This hybrid position requires a commitment to working both remotely and from our Kolkata, West Bengal, IN office, offering a balanced approach to work-life integration. You must be adept at navigating complex underwriting guidelines and maintaining up-to-date knowledge of market trends and industry best practices. Strong negotiation and decision-making skills are essential for success in this role. We are seeking an individual who can contribute to the company's growth by making sound underwriting judgments and fostering positive relationships with clients and partners. Your expertise will be vital in safeguarding the company's financial stability and reputation.
Key Responsibilities:
Key Responsibilities:
- Evaluate commercial insurance applications to assess risk and determine eligibility.
- Analyze financial statements and business operations to understand potential exposures.
- Set appropriate premium rates and policy terms based on risk assessment.
- Develop and maintain strong relationships with brokers, agents, and clients.
- Ensure compliance with company underwriting guidelines and regulatory requirements.
- Monitor industry trends and market conditions to inform underwriting decisions.
- Collaborate with claims and loss control departments to manage ongoing risks.
- Provide guidance and support to junior underwriters.
- Review and recommend adjustments to existing policies.
- Contribute to the development of new insurance products and strategies.
- Bachelor's degree in Business Administration, Finance, Economics, or a related field.
- Minimum of 3-5 years of experience in commercial insurance underwriting.
- Proven understanding of commercial insurance policies and risk assessment principles.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work independently and collaboratively in a hybrid environment.
- Proficiency in underwriting software and Microsoft Office Suite.
- Knowledge of relevant insurance regulations.
- Detail-oriented with strong organizational abilities.
- Professional certifications in insurance (e.g., CPCU) are a plus.
This advertiser has chosen not to accept applicants from your region.
8
Senior Commercial Insurance Broker
390001 Vadodara, Gujarat
₹800000 Annually
WhatJobs
Posted today
Job Viewed
Job Description
Our client is seeking a highly motivated and experienced Senior Commercial Insurance Broker to join their dynamic team in Vadodara, Gujarat, IN . This role is crucial for developing and managing client relationships, providing expert advice on commercial insurance solutions, and securing profitable business for the company. You will be responsible for identifying potential clients, understanding their unique business risks, and crafting comprehensive insurance strategies to mitigate those risks. This involves working closely with a diverse range of businesses, from small enterprises to large corporations, across various industries. You will need to possess an in-depth understanding of commercial insurance products, including property, liability, workers' compensation, and specialized coverages. The ability to analyze financial statements, assess risk exposures, and negotiate terms and premiums effectively is essential. You will build and maintain strong, long-term relationships with clients by providing exceptional service and demonstrating a deep understanding of their evolving needs. This position requires excellent communication, negotiation, and sales skills, as well as a strong ethical compass. You will collaborate with underwriters and other insurance professionals to ensure clients receive the best possible coverage and support. A key responsibility will be to stay current with market trends, regulatory changes, and new insurance products to offer the most relevant and competitive solutions. We are looking for a proactive and results-oriented individual with a proven track record of success in commercial insurance sales and client management. The ideal candidate will be adept at identifying business opportunities, presenting solutions confidently, and closing deals effectively. This is an excellent opportunity for a seasoned insurance professional to advance their career, contribute significantly to business growth, and provide valuable risk management services to clients.
Key Responsibilities:
Key Responsibilities:
- Develop and manage a portfolio of commercial insurance clients.
- Identify and pursue new business opportunities through prospecting and networking.
- Assess client needs and provide expert advice on commercial insurance solutions.
- Negotiate terms, conditions, and premiums with clients and insurers.
- Prepare and present proposals and policy recommendations.
- Build and maintain strong, long-term relationships with clients.
- Stay updated on market trends, regulatory changes, and insurance products.
- Collaborate with underwriters and internal teams to ensure optimal client coverage.
- Provide ongoing support and service to existing clients.
- Ensure compliance with all insurance regulations and company policies.
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Professional certifications (e.g., IRDAI license) are mandatory.
- Minimum of 7 years of experience in commercial insurance sales or brokerage.
- Proven track record of achieving sales targets and building a strong client base.
- In-depth knowledge of commercial insurance products and risk management principles.
- Excellent negotiation, communication, and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Proficiency in CRM software and insurance brokerage systems.
- Ability to work independently and as part of a team.
- A commitment to ethical conduct and client satisfaction.
This advertiser has chosen not to accept applicants from your region.
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