327 Underwriting Manager jobs in India
Underwriting Manager
Ahmedabad, Gujarat
Starr
Posted 5 days ago
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Job Description
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
GENERAL SUMMARY
The Underwriting Manager will be based at our newly set up office in GIFT City. To provide customized coverages characterized by high quality technical evaluation and flexible underwriting responses to preserve clients’ assets by offering superior service and innovative approaches from high quality staff with technical expertise in various industries such as energy, power, and manufacturing.
Our purpose is to develop and maintain our competitive advantage within a corporate environment that responds to the needs of our clients and the people of Starr Tech Asia Pacific. These efforts will result in Starr Tech being recognized as the best insurance facility while achieving a consistent ability to provide a stable Asian market, today and tomorrow, to our clients.
DUTIES AND RESPONSIBILITIES
- Underwrite risks in adherence to the underwriting guidelines and authority of the company.
- Aim to achieve an underwriting profit by analyzing and assessing technical insurability of the risk, including the adequacy of the terms and conditions of the proposals received.
- Pro-active and consistent approach in the preparation and submission of quotations and proposals on new offerings and on renewal submissions.
- Proper use of the various tools and systems of Starr in evaluating risk and submissions as well as information collection, warehousing, and analysis.
- It will also involve administrating and monitoring underwriting rules and guidelines, as well as complying with insurance laws and regulations, rating tools and models.
- Ensure compliance with regulatory responsibilities as well as to internal risk management duties.
- Represent Starr and build relationships by regular contacts or meetings with clients, brokers and other industry partners which require competent technical know-how, negotiations, product orientations and service initiatives.
- Gain, establish and maintain relevant industry knowledge including complex program structures, policy coverage, risk management etc.
QUALIFICATIONS
Job Specifications:
- High level of technical knowledge in insurance underwriting.
- Good knowledge and proficiency in the use of underwriting guidelines, tools and systems.
- Strong analytical and technical skills.
- Excellent communication skills including negotiating ability.
- Ability and proven track record in managing complex accounts and situations.
- Ability to network, build relationships and work in a team environment.
- Well-organized and handle multiple tasks and meet required timelines.
- Experienced in the use of MS Word, Excel and Outlook and other industry related systems.
Education:
- Bachelor’s degree in engineering or statistics or equivalent.
Experience:
- 10 -12 years of property and construction underwriting experience or other relevant professional experience within the insurance industry in India & South Asia.
NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization
Interested parties please apply with full resume (with availability and personal email address). . Please do not include any confidential personal information.
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
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0
Underwriting Manager
302001 Jaipur, Rajasthan
₹70000 Annually
WhatJobs
Posted today
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Job Description
Our client is seeking an experienced and analytical Underwriting Manager to lead their team in Jaipur, Rajasthan, IN . This role is critical in assessing and managing insurance risks to ensure the financial health and profitability of the company. The Underwriting Manager will be responsible for developing and implementing underwriting policies and guidelines, training and mentoring junior underwriters, and overseeing the review of complex insurance applications. You will collaborate closely with actuaries, claims departments, and sales teams to ensure consistent and accurate risk assessment. A key aspect of this role involves analyzing market trends, competitor activities, and regulatory changes to adapt underwriting strategies accordingly. You will also be responsible for setting performance targets for the underwriting team, monitoring their adherence to established guidelines, and conducting regular performance reviews. The ideal candidate will possess a deep understanding of insurance products, risk management principles, and relevant legal and regulatory frameworks. Strong decision-making skills, attention to detail, and the ability to communicate complex information clearly are essential. You will play a pivotal role in shaping the underwriting function and contributing to the company's growth and stability. This position requires a high level of integrity and a commitment to ethical practices. The manager will also be involved in developing and refining underwriting tools and systems to enhance efficiency and accuracy.
Responsibilities:
Responsibilities:
- Lead and manage the underwriting team, providing guidance and training.
- Develop and implement underwriting policies, procedures, and guidelines.
- Review and approve complex insurance applications and risk assessments.
- Analyze insurance market trends and regulatory changes.
- Collaborate with actuarial, claims, and sales departments.
- Ensure compliance with all relevant insurance regulations.
- Monitor team performance and conduct regular appraisals.
- Contribute to the development of underwriting tools and systems.
- Extensive experience in insurance underwriting, with proven leadership skills.
- In-depth knowledge of various insurance products and risk assessment techniques.
- Strong understanding of insurance laws and regulations.
- Excellent analytical, decision-making, and problem-solving abilities.
- Exceptional communication and interpersonal skills.
- Experience in training and mentoring junior staff.
- Relevant professional certifications (e.g., FLMI) are a plus.
- Bachelor's degree in Finance, Business, Economics, or a related field.
This advertiser has chosen not to accept applicants from your region.
1
Underwriting Manager
395007 Surat, Gujarat
₹75000 Annually
WhatJobs
Posted 1 day ago
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Job Description
Our client, a reputable insurance provider, is seeking an experienced Underwriting Manager to oversee and enhance their underwriting operations in Surat. This hybrid role requires a blend of on-site collaboration and remote flexibility. The successful candidate will lead a team of underwriters, ensuring adherence to company policies, regulatory requirements, and risk management best practices. Responsibilities include evaluating complex insurance applications, assessing risks, and making informed decisions on policy issuance. You will be instrumental in developing and refining underwriting guidelines, training junior staff, and mentoring the team to foster professional growth. The Underwriting Manager will also play a key role in identifying emerging risks and market trends, contributing to the development of new products and strategies. Strong analytical and decision-making skills are essential, along with a comprehensive understanding of insurance principles and products. This position demands excellent leadership qualities, the ability to motivate a team, and effective communication skills for liaising with agents, brokers, and internal departments. You will be responsible for managing the team's workload, setting performance targets, and conducting regular performance reviews. Experience in handling high-value or complex risks would be advantageous. The ability to analyze financial data, interpret medical reports, and assess legal documentation is also crucial. We are looking for an individual who can balance operational efficiency with prudent risk selection, ensuring the profitability and stability of the insurance portfolio. A commitment to continuous improvement and a proactive approach to problem-solving are highly valued. This role offers a fantastic opportunity to make a significant impact within a well-established organization and contribute to its ongoing success in the Gujarat market.
This advertiser has chosen not to accept applicants from your region.
2
Underwriting Manager
520001 Krishna, Andhra Pradesh
₹90000 Annually
WhatJobs
Posted 3 days ago
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Job Description
Our client is seeking a seasoned Underwriting Manager to lead their underwriting operations in **Vijayawada, Andhra Pradesh, IN**. This role is critical for assessing risk, determining policy terms and conditions, and ensuring the profitability of the insurance portfolio. The ideal candidate will have a strong analytical aptitude, a deep understanding of insurance principles, and proven leadership capabilities. You will be responsible for managing a team of underwriters, refining underwriting guidelines, and making sound decisions on complex insurance applications across various lines of business. Key Responsibilities:
- Overseeing the daily operations of the underwriting department, managing workload distribution and performance.
- Developing, implementing, and maintaining underwriting policies, procedures, and guidelines.
- Assessing and evaluating insurance risks for new business applications and renewals.
- Making sound underwriting decisions on complex cases, often involving significant financial exposure.
- Providing guidance and mentorship to junior and senior underwriters.
- Ensuring compliance with all regulatory requirements and internal quality standards.
- Analyzing market trends, competitor activities, and loss experience to inform underwriting strategy.
- Collaborating with actuaries, claims, and sales departments to align underwriting practices with business objectives.
- Monitoring the profitability and performance of the underwriting portfolio.
- Identifying opportunities for process improvement and efficiency gains within the underwriting function.
- Training and developing underwriting staff to enhance their skills and knowledge.
- Representing the underwriting department in management meetings and cross-functional initiatives.
This advertiser has chosen not to accept applicants from your region.
3
Underwriting Manager
248001 Dehradun, Uttarakhand
₹75000 Annually
WhatJobs
Posted 11 days ago
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Job Description
Our client, a leading insurance provider, is looking for a skilled and experienced Underwriting Manager to oversee operations in **Dehradun, Uttarakhand, IN**. This critical role involves leading a team of underwriters, ensuring compliance with company policies and regulatory requirements, and making sound underwriting decisions to manage risk effectively. You will be responsible for evaluating complex insurance applications, assessing risks, and determining appropriate coverage and pricing for a range of insurance products. The Underwriting Manager will also play a key role in developing and implementing underwriting guidelines, training and mentoring junior underwriters, and collaborating with sales and claims departments to ensure a cohesive client experience. Success in this position requires a deep understanding of insurance principles, risk management strategies, and financial analysis. You must be adept at identifying emerging risks and market trends, and proactively adapting underwriting approaches. Experience with various insurance software systems and a proven track record of achieving departmental goals are essential. The ideal candidate will possess strong leadership qualities, excellent analytical and problem-solving skills, and superior decision-making capabilities. A Bachelor's degree in Finance, Business Administration, or a related field is required, along with a minimum of 7 years of experience in underwriting, with at least 3 years in a supervisory or managerial capacity. Industry certifications such as CPCU (Chartered Property Casualty Underwriter) or equivalent are a significant advantage. This is an on-site position requiring full dedication to the office environment.
This advertiser has chosen not to accept applicants from your region.
4
Underwriting Manager
800001 Patna, Bihar
₹75000 Monthly
WhatJobs
Posted 11 days ago
Job Viewed
Job Description
Our client, a prominent player in the insurance industry, is seeking an experienced and skilled Underwriting Manager to lead their underwriting team. This role is essential in ensuring the profitable growth of the company by accurately assessing and pricing risk. The ideal candidate will possess a deep understanding of underwriting principles, risk management, and insurance products. You will be responsible for setting underwriting guidelines, developing strategies to manage risk exposure, and ensuring compliance with regulatory requirements. Your leadership will involve training, mentoring, and guiding a team of underwriters to achieve performance targets and maintain high standards of accuracy and efficiency. You will review complex cases, provide guidance on difficult or unusual risks, and contribute to the development of new underwriting tools and processes. Collaborating with sales, claims, and actuarial departments will be crucial to ensure a cohesive approach to risk assessment and policy management.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Lead, manage, and mentor the underwriting team to achieve departmental goals.
- Develop, implement, and enforce underwriting policies and guidelines.
- Review and approve complex or high-value insurance applications and risks.
- Analyze market trends and competitor activities to inform underwriting strategy.
- Ensure compliance with all relevant insurance regulations and company standards.
- Collaborate with sales and marketing teams to support business growth while managing risk.
- Work closely with the claims department to provide insights on underwriting performance.
- Contribute to the development and enhancement of underwriting systems and processes.
- Monitor key underwriting metrics, such as loss ratios, hit ratios, and turnaround times.
- Provide training and development for underwriting staff.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Economics, or a related field. Professional insurance designations (e.g., ACII, FLMI) are highly desirable.
- Minimum of 6 years of experience in insurance underwriting, with at least 2 years in a supervisory or managerial role.
- Strong knowledge of underwriting principles, risk assessment, and insurance products.
- Proven leadership and team management skills.
- Excellent analytical, decision-making, and problem-solving abilities.
- In-depth understanding of insurance regulations and compliance requirements.
- Strong communication and interpersonal skills.
- Ability to work effectively in a fast-paced and demanding environment.
- Proficiency in underwriting software and standard office applications.
This advertiser has chosen not to accept applicants from your region.
5
Underwriting Manager
380001 Ahmedabad, Gujarat
₹900000 Annually
WhatJobs
Posted 20 days ago
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Job Description
Our client is seeking an experienced and analytical Underwriting Manager to lead their underwriting operations in Ahmedabad, Gujarat . This senior role is crucial for overseeing the assessment and approval of insurance applications, ensuring profitability and compliance with company guidelines and regulatory requirements. You will be responsible for managing a team of underwriters, providing training, setting performance standards, and conducting regular reviews to ensure accuracy and efficiency in risk assessment. The ideal candidate will possess a deep understanding of insurance products, underwriting principles, and risk management strategies. You will be tasked with developing and refining underwriting policies and procedures, analyzing loss ratios, and implementing strategies to mitigate risk and enhance profitability. Strong decision-making skills are essential, coupled with the ability to interpret complex financial data and market trends. This position requires excellent leadership and communication abilities, enabling you to effectively guide your team and collaborate with other departments, including sales, claims, and actuarial. You will also be involved in setting underwriting authority levels and providing guidance on complex or unusual cases. A commitment to maintaining the highest ethical standards and ensuring fair and consistent treatment of applicants is paramount. We are looking for a proactive individual who can identify emerging risks and opportunities within the market and adapt underwriting strategies accordingly. This is a significant opportunity to take on a leadership role within a reputable insurance company, contributing to its strategic growth and operational excellence in Ahmedabad, Gujarat . Your expertise will be key in safeguarding the company's financial health and ensuring its competitive position in the market.
This advertiser has chosen not to accept applicants from your region.
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6
Underwriting Manager
122001 Gurgaon, Haryana
₹95000 Monthly
WhatJobs
Posted 21 days ago
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Job Description
Our client , a prominent player in the insurance industry, is seeking an experienced and strategic Underwriting Manager to lead their underwriting team. This hybrid role offers a balanced approach, combining remote work flexibility with essential on-site collaboration at our office in Gurugram, Haryana, IN . You will be responsible for developing and implementing underwriting strategies, managing risk exposure, and ensuring the profitable growth of the insurance portfolio. Your leadership will guide the team in evaluating and pricing complex risks, setting underwriting guidelines, and maintaining high standards of accuracy and compliance.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Lead, mentor, and develop a team of skilled underwriters.
- Develop and refine underwriting policies, procedures, and guidelines to manage risk effectively.
- Evaluate and underwrite complex insurance applications, ensuring adherence to risk appetite and profitability targets.
- Analyze market trends, competitor activities, and regulatory changes impacting underwriting.
- Collaborate with sales, claims, and actuarial departments to ensure integrated business strategies.
- Monitor portfolio performance and identify areas for improvement in risk selection and pricing.
- Ensure compliance with all regulatory requirements and internal controls.
- Approve or decline risks within authorized limits and recommend deviations for higher authorities.
- Conduct regular training sessions for the underwriting team on new products, policies, and market developments.
- Contribute to the development of new insurance products and services.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with at least 2 years in a leadership or supervisory role.
- In-depth knowledge of insurance principles, risk assessment, and financial analysis.
- Proven ability to develop and implement effective underwriting strategies.
- Strong leadership, team management, and decision-making skills.
- Excellent analytical and problem-solving abilities.
- Exceptional communication and interpersonal skills.
- Understanding of regulatory compliance in the insurance sector.
- Professional designations such as ACII, FLMI, or equivalent are highly desirable.
- Ability to work effectively in a hybrid environment, balancing remote and on-site responsibilities.
This advertiser has chosen not to accept applicants from your region.
7
Underwriting Manager
600001 Chennai, Tamil Nadu
₹110000 Annually
WhatJobs
Posted 22 days ago
Job Viewed
Job Description
Our client, a leading insurance provider, is seeking an experienced and strategic Underwriting Manager to lead their underwriting team. This critical role involves overseeing the evaluation and assessment of insurance applications to determine risk and approve or reject policies. The Underwriting Manager will be responsible for setting underwriting guidelines, ensuring compliance with regulatory requirements, and maintaining profitability targets. You will lead and mentor a team of underwriters, providing training, performance management, and technical expertise. Key responsibilities include analyzing complex risk profiles, developing pricing strategies, and making informed decisions on policy terms and conditions. The ideal candidate will possess a deep understanding of insurance products, actuarial principles, and risk management techniques. Strong analytical and decision-making skills are paramount. Experience with underwriting software and systems is essential. You will collaborate closely with sales, claims, and product development teams to ensure a cohesive and effective insurance operation. The ability to identify emerging risks and adapt underwriting strategies accordingly is crucial. This position offers a significant opportunity to shape underwriting policies and contribute to the company's overall financial health and market competitiveness. Excellent communication and leadership skills are required to guide the team and represent the underwriting department in cross-functional meetings. A proven track record of managing underwriting operations and achieving performance objectives is necessary. This role is based in **Chennai, Tamil Nadu, IN**, and requires full-time on-site presence.
This advertiser has chosen not to accept applicants from your region.
8
Underwriting Manager
248001 Dehradun, Uttarakhand
₹900000 Annually
WhatJobs
Posted 22 days ago
Job Viewed
Job Description
Our client, a leading insurance provider, is seeking an experienced Underwriting Manager to oversee their operations in **Dehradun, Uttarakhand**. This role offers a hybrid work model, blending office-based collaboration with remote flexibility. The Underwriting Manager will be responsible for leading a team of underwriters, ensuring efficient and accurate risk assessment for new business applications and renewals across various insurance products. Key responsibilities include developing and implementing underwriting guidelines, setting performance standards for the team, and managing the overall underwriting workflow. You will analyze complex risk factors, pricing strategies, and policy terms to ensure profitability and compliance with regulatory requirements. This position requires a strong understanding of insurance principles, market dynamics, and risk management techniques. The ideal candidate will possess excellent leadership and team management skills, with a proven ability to mentor and develop junior staff. You will also be responsible for identifying emerging trends in the insurance market and recommending adjustments to underwriting policies accordingly. Collaboration with claims, sales, and actuarial departments will be essential to maintain a cohesive and effective business operation. The ability to communicate effectively, both verbally and in writing, is crucial for presenting findings and recommendations to senior management. This is an excellent opportunity for a seasoned insurance professional to take on a leadership role within a reputable organization, contributing to its continued success and growth. The hybrid nature of this role allows for both focused independent work and valuable in-person team synergy.
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