Assistant Vice President - Liability Underwriter

Raheja Qbe General Insurance Company; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Raheja QBE General Insurance Company in Mumbai is seeking an experienced liability underwriter to manage underwriting proposals, price reviews, and client interactions across diverse liability products. You will drive business development, interface with brokers, and coordinate with reinsurance, product, and accounts teams to ensure smooth policy administration and timely deal closures.

Regulatory compliance and high service levels are essential; familiarity with cyber liability underwriting

Qualifications

• Graduate or Postgraduate in any discipline from a recognized university/institution.
• 6-8 years of experience in Underwriting with General Insurance firm.
• Hands on experience with analytical tools and statistical packages.
• Additional Insurance diploma or certification will be preferred.
• Excellent comprehension and communication skills.

Responsibilities

• Underwriting of Liability proposals for various products and clients.
• Business development: Customer interaction for deal closures, Techno-marketing, Product Presentations etc.
• Channel Management: interface between Brokers and Customers - training and development of various Liability products.
• Coordination with other depts.: such as reinsurance, product specialists and accounts.
• Policy administration and documentation.
• Contribute in price review exercise at regular intervals through market benchmarking and identifying the areas for correction.
• Liaison with all stakeholders (Sales, IT, Operations, Legal & Compliance) for all Underwriting matters.
• Ensure 100% compliance with all regulatory & product approval related aspects.
• Work with IT and Operations staff to ensure that business requirements are met and that customers are provided with a high level of service.
• Cyber liability underwriting experience would be an added advantage.

Skills

Critical Thinking

Negotiation Skills

Judgment & Decision Making

Time Management

Complex Problem Solving

Education

Graduate or Postgraduate

Insurance diploma or certification

Job description

Role & responsibilities

• Underwriting of Liability proposals for various products and clients.
• Business development: Customer interaction for deal closures, Techno- marketing, Product Presentations etc.
• Channel Management: interface between Brokers and Customers - training and development of various Liability products
• Coordination with other depts.: such as reinsurance, product specialists and accounts.
• Policy administration and documentation.
• Contribute in price review exercise at regular intervals through market benchmarking & identifying the areas for correction
• Liaison with all stakeholders (Sales, IT, Operations, Legal & Compliance) for all Underwriting matters.
• Ensure 100% compliance with all regulatory & product approval related aspects.
• Work with IT and Operations staff to ensure that business requirements are met and that customers are provided with a high level of service.
• Cyber liability underwriting experience would be an added advantage.

Preferred candidate profile

• Graduate or Postgraduate in any discipline from a recognized university/institution.
• 6-8 Years of experience in Underwriting with General Insurance firm
• Hands on experience with analytical tools and statistical packages
• Additional Insurance diploma or certification will be preferred
• Excellent comprehension and communication skills

Key Success Indicators

• Critical Thinking -- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Negotiation Skills-- Bringing others together and trying to reconcile differences.
• Judgment and Decision Making -- Considering the relative costs and risks attached along with the benefits of potential actions to choose the most appropriate one.
• Time Management -- Managing one's own time and the time of others and the ability to work tight deadlines.
• Complex Problem Solving -- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions