871 Underwriter Commercial Insurance jobs in India
Senior Underwriter - Commercial Insurance
110001 Delhi, Delhi
₹60000 Annually
WhatJobs
Posted 20 days ago
Job Viewed
Job Description
Our client, a prominent and stable insurance provider, is actively seeking an experienced Senior Underwriter to join their esteemed team in **Delhi, Delhi, IN**. This role is critical in assessing and managing insurance risks for commercial clients, ensuring the profitability and solvency of the company. The successful candidate will be responsible for evaluating complex insurance applications, determining appropriate coverage terms, conditions, and pricing, and developing underwriting strategies. We are looking for an analytical professional with a deep understanding of commercial insurance products, market dynamics, and risk assessment techniques. You will work closely with brokers, agents, and internal departments to provide expert underwriting solutions and maintain strong client relationships.
Key Responsibilities:
Key Responsibilities:
- Analyze and evaluate commercial insurance applications, assessing risks associated with various industries and business operations.
- Determine appropriate policy terms, conditions, coverage limits, and premium rates based on risk assessment and company guidelines.
- Develop and maintain strong relationships with brokers, agents, and clients, providing expert advice and solutions.
- Underwrite new business accounts and review existing policies for renewal, ensuring profitability and adherence to underwriting standards.
- Identify and monitor emerging risks and trends in the commercial insurance market.
- Collaborate with claims, actuarial, and product development teams to ensure comprehensive risk management strategies.
- Provide guidance and mentorship to junior underwriters.
- Conduct market research to understand competitive landscapes and identify new business opportunities.
- Ensure compliance with all regulatory requirements and internal underwriting policies.
- Utilize underwriting systems and tools to manage applications, track performance, and generate reports.
- Participate in audits and reviews to ensure accuracy and consistency in underwriting decisions.
- Develop and refine underwriting guidelines and procedures as necessary.
- Contribute to the development of new insurance products and services.
- Handle escalated underwriting cases and provide recommendations for resolution.
- Bachelor's degree in Business Administration, Finance, Economics, or a related field. Professional certifications such as ACII, FLMI, or equivalent are highly desirable.
- Minimum of 5 years of progressive experience in commercial insurance underwriting.
- Proven expertise in underwriting various lines of commercial insurance (e.g., property, casualty, liability, specialty lines).
- Strong analytical, financial assessment, and problem-solving skills.
- Excellent understanding of insurance principles, risk management, and relevant legislation.
- Effective communication, negotiation, and interpersonal skills.
- Proficiency in underwriting software and data analysis tools.
- Ability to make sound underwriting decisions under pressure and manage a complex workload.
- A proactive approach to market analysis and business development.
- Demonstrated ability to build and maintain strong professional relationships.
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0
Senior Underwriter - Commercial Insurance
570001 Mysore, Karnataka
₹900000 Annually
WhatJobs
Posted 22 days ago
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Job Description
Our client is seeking a highly experienced Senior Underwriter specializing in Commercial Insurance for their **Mysuru, Karnataka, IN** office. This crucial role demands a comprehensive understanding of risk assessment, policy pricing, and underwriting guidelines within the commercial insurance sector. You will be responsible for evaluating and selecting risks for new and renewal business, ensuring profitability and compliance with company standards. Key duties include analyzing financial statements, inspecting potential risks, and negotiating terms and conditions with brokers and agents. The ideal candidate will possess strong analytical and decision-making skills, with a proven ability to interpret complex data and make sound underwriting judgments. Extensive knowledge of commercial property, casualty, and liability insurance products is essential. You will also play a key role in mentoring junior underwriters, contributing to underwriting strategy development, and collaborating with claims and actuarial departments. A commitment to providing excellent service to internal and external stakeholders is paramount. This is an excellent opportunity to join a reputable insurance provider and contribute significantly to their growth and stability. The successful candidate will demonstrate a high level of integrity, attention to detail, and a proactive approach to managing a diverse portfolio of commercial risks. Your expertise will be vital in safeguarding the company's financial health and expanding its market presence.
This advertiser has chosen not to accept applicants from your region.
1
Senior Underwriter - Commercial Insurance
201301 Noida, Uttar Pradesh
₹70000 Annually
WhatJobs
Posted 22 days ago
Job Viewed
Job Description
Our client, a prominent insurer, is seeking a seasoned Senior Underwriter specializing in Commercial Insurance for their **Noida, Uttar Pradesh, IN** office. This critical role involves assessing and pricing complex commercial risks, making informed decisions on policy issuance, and contributing to the profitability and growth of the company's underwriting portfolio. You will be responsible for analyzing financial statements, business operations, loss history, and market conditions to determine appropriate coverage terms, conditions, and premiums. The ideal candidate will possess a strong understanding of various commercial insurance lines, including property, casualty, and liability. Excellent analytical, decision-making, and negotiation skills are paramount. You will collaborate closely with brokers and agents, providing expert guidance and building strong relationships. This role requires meticulous attention to detail, a thorough knowledge of regulatory requirements, and the ability to manage a demanding workload efficiently. While much of the analytical work can be performed remotely, regular on-site presence will be required for team collaboration, client meetings, and strategic planning sessions. Responsibilities include developing underwriting guidelines, mentoring junior underwriters, and contributing to product development initiatives. A minimum of 7 years of experience in commercial insurance underwriting is required, with a proven track record of profitable underwriting results. Relevant professional designations (e.g., ACII, CPCU) are highly desirable. Join our client to play a key role in managing sophisticated risks and shaping the future of commercial insurance.
This advertiser has chosen not to accept applicants from your region.
2
Remote Senior Underwriter - Commercial Insurance
452001 Bhopal, Madhya Pradesh
₹80000 Annually
WhatJobs
Posted 11 days ago
Job Viewed
Job Description
Our client is seeking an experienced and detail-oriented Senior Underwriter for Commercial Insurance to join their fully remote team. This position is ideal for a seasoned professional who can independently assess and price complex commercial risks, contributing significantly to the profitability and growth of the organization. You will be responsible for evaluating insurance applications, analyzing financial statements, market conditions, and other relevant data to determine the insurability and appropriate premium for commercial policies. This role requires a thorough understanding of commercial insurance products, legal regulations, and underwriting best practices. You will work closely with insurance brokers and agents, providing expert guidance and negotiating terms. The ability to effectively communicate underwriting decisions and rationale, both verbally and in writing, is essential. You will also be involved in developing and refining underwriting guidelines and contributing to the training of junior underwriters. Proficiency in underwriting software and analytical tools is a must. The ideal candidate will possess a strong track record of sound underwriting judgment, excellent analytical and decision-making skills, and a commitment to risk management. A professional designation such as Associate in Commercial Underwriting (ACU) or Chartered Property Casualty Underwriter (CPCU) is highly advantageous. This is a fully remote role, offering significant flexibility and the opportunity to work with a reputable insurance company. We offer a competitive salary, comprehensive benefits, and a supportive remote work environment. If you have a keen eye for risk and a passion for the insurance industry, we encourage you to apply.
This advertiser has chosen not to accept applicants from your region.
3
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.
4
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.
5
Commercial Insurance Underwriter
440001 Nagpur, Maharashtra
₹60000 Annually
WhatJobs
Posted 11 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.
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6
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.
7
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.
8
Commercial Insurance Underwriter
302012 Jaipur, Rajasthan
₹55000 Annually
WhatJobs
Posted 22 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.
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