271 Underwriting Manager jobs in India
Underwriting Manager
Posted today
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Job Description
Responsibilities:
- Manage and mentor a team of insurance underwriters.
- Review and approve complex insurance applications and risk assessments.
- Develop and implement underwriting guidelines and policies.
- Ensure compliance with all relevant insurance regulations and company standards.
- Analyze underwriting performance data and recommend improvements.
- Collaborate with sales, claims, and actuarial departments.
- Provide training and guidance to underwriting staff.
- Monitor market trends and competitor activities.
- Contribute to the development of new insurance products.
- Maintain effective communication within the team and across departments.
- Bachelor's degree in Finance, Business Administration, or a related field.
- Minimum of 5 years of experience in insurance underwriting, with at least 2 years in a supervisory or management role.
- Strong understanding of insurance principles, risk assessment, and financial analysis.
- Excellent leadership, communication, and interpersonal skills.
- Proficiency in underwriting software and relevant insurance industry tools.
- Ability to analyze complex data and make informed decisions.
- Knowledge of regulatory requirements within the insurance industry.
- Experience with hybrid work models is beneficial.
Underwriting Manager
Posted 1 day ago
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Job Description
The Underwriting Manager will be responsible for overseeing the daily operations of the underwriting department, setting underwriting guidelines, and ensuring compliance with regulatory requirements. You will mentor and develop a team of underwriters, fostering a culture of excellence and continuous improvement. Key duties include reviewing complex cases, developing underwriting strategies, and collaborating with sales and claims departments to achieve business objectives. The ideal candidate will have a deep understanding of insurance principles, exceptional analytical skills, and strong leadership capabilities. You must be adept at risk assessment, pricing strategies, and managing a high-performing team within the insurance sector.
Key Responsibilities:
- Manage and direct the day-to-day operations of the underwriting department.
- Develop, implement, and enforce underwriting policies, procedures, and guidelines.
- Review and approve complex or unusual insurance applications, ensuring adherence to risk appetite and profitability targets.
- Mentor, train, and evaluate the performance of the underwriting team.
- Collaborate with actuarial and product development teams on pricing and product design.
- Analyze market trends and competitor activities to inform underwriting strategies.
- Monitor underwriting performance metrics, including loss ratios, hit ratios, and operational efficiency.
- Ensure compliance with all relevant insurance laws and regulations.
- Build and maintain strong relationships with agents, brokers, and other distribution partners.
- Contribute to the overall strategic planning and profitability goals of the organization.
- Bachelor's degree in Business Administration, Finance, Insurance, or a related field. Advanced degrees or relevant professional designations (e.g., CPCU) are highly desirable.
- Minimum of 7 years of progressive experience in insurance underwriting, with at least 3 years in a supervisory or management role.
- Proven expertise in risk assessment, pricing, and underwriting methodologies across various insurance lines.
- Strong understanding of insurance contracts, regulatory frameworks, and compliance requirements.
- Excellent leadership, team management, and interpersonal skills.
- Exceptional analytical, decision-making, and problem-solving abilities.
- Proficiency in underwriting software and relevant insurance industry systems.
- Effective communication and negotiation skills.
- Ability to develop and execute strategic initiatives.
Underwriting Manager
Posted 2 days ago
Job Viewed
Job Description
Key Responsibilities:
- Oversee and manage the day-to-day operations of the underwriting department.
- Develop, implement, and monitor underwriting policies, guidelines, and procedures to ensure profitability and risk mitigation.
- Review and approve complex or high-value insurance applications, making informed decisions on risk acceptance, terms, and pricing.
- Provide guidance, training, and mentorship to a team of underwriters, fostering their professional development.
- Analyze market trends, competitor activities, and financial data to identify new opportunities and potential risks.
- Collaborate with actuaries, claims departments, and other stakeholders to ensure alignment and effective risk management.
- Monitor the performance of the underwriting portfolio, track key metrics, and implement corrective actions as needed.
- Ensure compliance with all relevant insurance regulations, laws, and company standards.
- Develop and maintain strong relationships with insurance brokers, agents, and clients.
- Contribute to the development of new insurance products and product enhancements.
- Prepare reports for senior management on underwriting performance, portfolio analysis, and strategic recommendations.
- Stay abreast of changes in the insurance industry and emerging risk factors.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field; a Master's degree or professional insurance designation (e.g., ACII, FLMI) is highly desirable.
- Minimum of 7-10 years of progressive experience in insurance underwriting, with at least 3 years in a leadership or supervisory role.
- Proven expertise in risk assessment, financial analysis, and pricing methodologies for various lines of insurance.
- Strong understanding of insurance contracts, regulatory requirements, and market dynamics.
- Excellent leadership, team management, and interpersonal skills.
- Exceptional analytical, problem-solving, and decision-making abilities.
- Strong communication and presentation skills, with the ability to effectively interact with internal and external stakeholders.
- Proficiency in underwriting software and standard office productivity tools.
- Ability to work effectively in a hybrid environment, demonstrating strong organizational and time management skills.
Insurance Underwriting Manager
Posted today
Job Viewed
Job Description
Responsibilities:
- Lead, mentor, and develop a team of insurance underwriters.
- Establish and maintain underwriting guidelines and procedures in alignment with company strategy and risk appetite.
- Review and approve complex or high-value insurance applications.
- Analyze market trends, competitor activities, and industry data to inform underwriting strategies.
- Monitor portfolio performance, identify trends, and implement corrective actions as needed.
- Collaborate with sales, claims, and actuarial departments to ensure seamless operations and effective risk management.
- Ensure compliance with all relevant insurance regulations and company policies.
- Develop and deliver training programs for underwriting staff.
- Contribute to the development of new insurance products and services.
- Foster strong relationships with agents and brokers.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 6 years of progressive experience in insurance underwriting, with at least 2 years in a supervisory or management role.
- In-depth knowledge of various insurance lines (e.g., property, casualty, life).
- Strong analytical, decision-making, and problem-solving skills.
- Excellent leadership, communication, and interpersonal abilities.
- Proficiency in underwriting software and standard office productivity tools.
- Understanding of actuarial principles and financial modeling is a plus.
- Relevant professional designations (e.g., CPCU, AU) are highly desirable.
Insurance Underwriting Manager
Posted today
Job Viewed
Job Description
Responsibilities:
- Lead and manage the underwriting department, setting performance goals and providing guidance.
- Develop and implement underwriting policies, procedures, and guidelines to manage risk exposure.
- Review and approve complex or high-value insurance applications, ensuring compliance with company standards.
- Analyze market trends, competitor activities, and economic factors affecting underwriting.
- Train and mentor underwriting staff, fostering professional development and expertise.
- Collaborate with claims, actuarial, and sales departments to ensure cohesive business strategies.
- Monitor underwriting results and recommend adjustments to pricing and policy terms.
- Ensure compliance with all relevant insurance regulations and legal requirements.
- Identify opportunities for improving underwriting efficiency and effectiveness.
- Contribute to the development of new insurance products and services.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field. Professional insurance designations (e.g., Associate in Underwriting, Chartered Property Casualty Underwriter) are highly desirable.
- 7-10 years of progressive experience in insurance underwriting, with at least 3 years in a supervisory or managerial role.
- In-depth knowledge of various insurance lines (e.g., property, casualty, life, health).
- Strong understanding of risk assessment, pricing models, and policy language.
- Excellent analytical, decision-making, and problem-solving skills.
- Proven leadership and team management abilities.
- Effective communication and negotiation skills.
- Proficiency in underwriting software and standard office applications.
- Commitment to ethical practices and regulatory compliance.
Senior Underwriting Manager
Posted today
Job Viewed
Job Description
Key Responsibilities:
- Lead, manage, and mentor a team of underwriters, setting performance goals and providing guidance.
- Develop, implement, and enforce underwriting policies, procedures, and guidelines.
- Review and analyze complex insurance applications, assessing risks and determining appropriate coverage and pricing.
- Approve or decline applications based on established underwriting criteria and risk appetite.
- Ensure profitability of the underwriting portfolio through effective risk selection and pricing.
- Collaborate with actuarial and claims departments to monitor portfolio performance and identify trends.
- Conduct training sessions for underwriters on new products, guidelines, and best practices.
- Oversee the quality assurance process for underwriting decisions.
- Contribute to the development of new insurance products and strategies.
- Maintain up-to-date knowledge of industry regulations and market conditions.
- Bachelor's degree in Business Administration, Finance, Insurance, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with at least 3 years in a supervisory or management role.
- In-depth knowledge of underwriting principles, risk assessment techniques, and pricing methodologies.
- Proven experience in managing and developing an underwriting team.
- Strong understanding of insurance products and the regulatory environment.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong leadership and interpersonal skills.
- Proficiency in underwriting software and relevant technology.
- Relevant professional designations (e.g., ACII, CPCU) are highly desirable.
Senior Underwriting Manager
Posted 1 day ago
Job Viewed
Job Description
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field. Relevant professional certifications (e.g., CPCU) are a strong asset.
- Minimum of 7 years of progressive experience in insurance underwriting, with at least 3 years in a supervisory or management role.
- Proven track record of successfully managing underwriting portfolios and achieving financial targets.
- Strong knowledge of various insurance product lines (e.g., property, casualty, life).
- Excellent analytical, problem-solving, and decision-making skills.
- Demonstrated leadership and team management abilities.
- Effective communication and interpersonal skills.
- Familiarity with underwriting software and systems.
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Senior Underwriting Manager
Posted 1 day ago
Job Viewed
Job Description
Responsibilities:
- Manage and lead a team of underwriters, providing mentorship, training, and performance evaluations.
- Develop, implement, and refine underwriting guidelines and policies to align with market dynamics and company objectives.
- Review and approve complex insurance applications and endorsements, ensuring accurate risk assessment and pricing.
- Analyze industry trends, regulatory changes, and market conditions to identify potential risks and opportunities.
- Collaborate with claims, actuarial, and sales departments to ensure cohesive risk management strategies.
- Conduct regular audits of underwriting files to ensure compliance and identify areas for improvement.
- Develop and deliver underwriting training programs for new and existing staff.
- Monitor key performance indicators (KPIs) for the underwriting department and implement strategies to achieve targets.
- Build and maintain strong relationships with brokers and agents, providing expert guidance on underwriting matters.
- Contribute to product development and pricing strategies based on underwriting insights.
- Bachelor's degree in Business Administration, Finance, Insurance, or a related field. A professional designation such as ACII or equivalent is highly preferred.
- Minimum of 8 years of progressive experience in insurance underwriting, with at least 3 years in a leadership or managerial capacity.
- Extensive knowledge of various insurance products (e.g., property, casualty, life, health).
- Demonstrated expertise in risk assessment, financial analysis, and policy wording.
- Strong leadership, decision-making, and problem-solving skills.
- Excellent communication, negotiation, and interpersonal abilities.
- Proficiency in underwriting software and standard office applications.
- Ability to work under pressure and meet strict deadlines.
- A strong ethical compass and commitment to compliance.
- Experience in the Indian insurance market is a significant advantage.
Senior Underwriting Manager
Posted 1 day ago
Job Viewed
Job Description
Responsibilities:
- Lead and manage a team of insurance underwriters.
- Develop, implement, and enforce underwriting guidelines and policies.
- Review and approve complex or high-risk insurance applications and policies.
- Analyze financial statements, risk factors, and market data to assess potential risks.
- Collaborate with actuarial and claims departments on pricing strategies and loss control measures.
- Monitor underwriting performance and key metrics, identifying areas for improvement.
- Provide training and mentorship to underwriting staff.
- Ensure compliance with all relevant regulations and industry standards.
- Contribute to product development and innovation within the underwriting domain.
- Maintain strong relationships with brokers, agents, and other stakeholders.
- Bachelor's degree in Finance, Business Administration, Insurance, or a related field.
- Minimum of 8 years of experience in insurance underwriting, with at least 3 years in a supervisory or management role.
- In-depth knowledge of various insurance lines (e.g., Property, Casualty, Life).
- Strong analytical, quantitative, and problem-solving skills.
- Experience with underwriting software and systems.
- Excellent leadership, communication, and interpersonal skills.
- Ability to make sound judgments and complex decisions.
- Understanding of regulatory requirements and compliance.
- Professional designations (e.g., CPCU, ARM) are highly desirable.
- Proven ability to manage performance and develop talent within a team.
Senior Underwriting Manager
Posted 1 day ago
Job Viewed
Job Description
Key Responsibilities:
- Lead, mentor, and develop a team of underwriters, fostering a culture of excellence and continuous improvement.
- Develop, review, and implement underwriting policies and procedures to ensure consistent risk assessment and pricing.
- Analyze complex risks and make sound underwriting decisions for large and intricate accounts.
- Monitor market trends and competitor activities to inform underwriting strategies.
- Ensure compliance with all state and federal insurance regulations and internal guidelines.
- Collaborate with sales, claims, and actuarial departments to align underwriting strategies with business objectives.
- Approve or decline insurance applications based on risk evaluation and policy guidelines.
- Conduct regular performance reviews and provide constructive feedback to the underwriting team.
- Oversee the processing of complex claims and provide expert guidance on coverage and liability.
- Identify opportunities to improve efficiency and accuracy in the underwriting process.
- Manage relationships with brokers and agents, providing support and guidance on underwriting matters.
- Stay updated on new insurance products, industry developments, and regulatory changes.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 6 years of experience in insurance underwriting, with at least 2 years in a managerial or supervisory role.
- Proven track record in risk assessment and decision-making.
- In-depth knowledge of insurance products, regulations, and market practices.
- Strong leadership, team management, and communication skills.
- Experience with underwriting software and insurance systems.
- Excellent analytical and problem-solving abilities.
- Ability to adapt to a hybrid work model and utilize remote collaboration tools effectively.
- Professional certifications such as CPCU or equivalent are highly desirable.