Senior Executive Marine Underwriting

Description

• Risk Assessment and Underwriting
  • Review technical proposals received from various channels (Multiline/GEO/CBG/BANCA) and IMDs as received from the region allocated basis the existing guidelines / norms
  • Implementation and monitoring of marine underwriting guidelines
  • Maintaining TAT within the Region and Referral managements within the region
  • Evaluate proposal thoroughly considering past claims / cases and assess conformance with the set underwriting guidelines; seek more information on proposals from IMD’s,  customers, if required
  • Conduct 360 degree review of risks along with any associated loss ratio; set standard terms and conditions for the proposal along as per the set norms and guidelines.
  • Monitor performance and risk associated with various marine products to identify and drive improvement opportunities.
  • Scrutinize the proposals received and assess adherence to the norms, guidelines and if the premium considered is correct and accounts for associated risk.
• Premium Growth & Renewal Retention
  • Visit the locations/branches and meet IMDs & Clients; understand problem areas and issues / concerns ad provide solutions to overcome business hurdles
  • Providing support to Retail Channel (Multiline/GEO) sales teams in development of marine business
  • Tracking and renewal retention
  • Increase in Market share in allocated states and market penetration in Marine retail business
  • Grow specific policy business (development of existing IMD’s and onboarding new IMD’s)

Skills Required

Marine, Underwriter, Underwriting, Marine Insurance, marine operations

Education/Qualification

Graduate/PG

Desirable Skills

1.Good communication skills. 2.Flexible & adaptable to change. 3.Well versed with MS Office. 4.Should have good analytical and problem-solving skills. 5.Should be aware of the Local language.