Insurance Underwriter – Corporate (General Insurance)

Armourr Insurance Broking Pvt. Ltd.; Ahmedabad District; On-site; INR 500,000 - 800,000; Full time

Job summary

A leading insurance brokerage firm in India seeks an Underwriter responsible for evaluating risks and making underwriting decisions for corporate insurance businesses. The ideal candidate will have 3–6 years of experience in General Insurance, with strong knowledge of various commercial products. Responsibilities include liaising with insurers, managing underwriting processes, and providing guidance to sales teams. Excellent analytical and negotiation skills are essential for this role.

Qualifications

• 3–6 years experience in General Insurance underwriting.
• Strong knowledge of Fire, Marine, Property, Liability, Engineering, Fleet, GPA, GMC products.

Responsibilities

• Evaluate insurance proposals and assess risk exposure.
• Liaise with insurers for quotations, negotiations, and approvals.
• Provide underwriting guidance to sales teams.
• Ensure smooth policy issuance and documentation.

Skills

Risk Analysis

Technical Underwriting Knowledge

Attention to Detail

Relationship Management

Decision-Making Ability

Analytical skills

Negotiation skills

Communication skills

Education

Graduate (Insurance certification preferred)

Job description

Role Purpose

The Underwriter will be responsible for evaluating risks, analyzing insurance proposals, and ensuring accurate underwriting decisions to support corporate insurance business across commercial lines.

Key Responsibilities

Underwriting & Risk Assessment

• Evaluate insurance proposals and assess risk exposure.
• Analyze client profiles, financials, and coverage requirements.
• Review policy terms, conditions, and pricing structures.

Insurer Coordination

• Liaise with insurers for quotations, negotiations, and approvals.
• Ensure timely turnaround for underwriting decisions.
• Maintain strong relationships with insurance partners.

Technical Support

• Provide underwriting guidance to sales teams.
• Assist in policy structuring and coverage optimization.
• Support complex and large corporate risk cases.

Process Management

• Ensure smooth policy issuance and documentation.
• Maintain underwriting records and compliance standards.
• Monitor turnaround time and process efficiency.

Required Skills & Qualifications

• Graduate (Insurance certification preferred).
• 3–6 years experience in General Insurance underwriting.
• Strong knowledge of commercial insurance products such as:
  Fire, Marine, Property, Liability, Engineering, Fleet, GPA, GMC.
• Excellent analytical, negotiation, and communication skills.

Key Competencies

• Risk Analysis
• Technical Underwriting Knowledge
• Attention to Detail
• Relationship Management
• Decision-Making Ability