Manager – Liability Underwriting – Insurance Talent Leads HR Solutions

The Corporate Institute; Mumbai; On-site; INR 900,000 - 2,100,000; Full time

Job summary

The Corporate Institute in Mumbai seeks an experienced Cyber & Liability Underwriter to evaluate and underwrite cyber risk for corporate clients, using risk-based pricing and underwriting guidelines.

You will collaborate with brokers, risk teams, and clients to tailor coverage, monitor portfolio risk, and stay ahead of regulatory changes and emerging cyber threats.

Qualifications

• Master’s or Bachelor’s degree in Insurance & Risk Management is preferred.
• Strong understanding of cyber risks such as ransomware and data breaches.
• Excellent analytical, negotiation, and written communication skills.

Responsibilities

• Assess liability and cyber risks using client data, financials, and market trends.
• Underwrite cyber liability and other lines per guidelines and governance.
• Determine coverage terms, limits, deductibles, and pricing.
• Monitor portfolio performance and evolving cyber threats.
• Collaborate with brokers, clients, claims, actuarial teams, and risk engineers.
• Develop underwriting guidelines and support knowledge sharing.
• Ensure timely underwriting activities and documentation.

Skills

Cyber risk assessment

Underwriting

Risk management

Analytical skills

Negotiation

Communication

Education

Master’s or Bachelor’s degree in Insurance & Risk Management

Job description

Key Responsibilities:

• – Assess and evaluate liability and cyber risks based on client information, financials, risk management practices, security controls, industry exposure, and historical claims experience.
• – Assess the client’s cybersecurity posture, including controls around data protection, network security, business continuity, access management, incident response, and ransomware preparedness.
• – Underwrite Cyber Liability and other liability risks in accordance with the company’s underwriting guidelines, risk appetite, authority limits, and governance framework.
• – Analyze risk information and determine appropriate coverage, terms, conditions, deductibles, limits, exclusions, and pricing.
• – Structure insurance programs and provide commercially viable underwriting solutions based on risk assessment and prevailing market conditions.
• – Review complex and non-standard risks and provide appropriate underwriting recommendations.
• – Monitor portfolio performance, risk accumulation, claims trends, pricing adequacy, and emerging exposures.
• – Maintain awareness of evolving cyber threats, including ransomware, data breaches, business interruption, social engineering fraud, phishing, and other cyber-related incidents.
• – Keep abreast of changes in regulations, market practices, policy wordings, emerging risks, and competitor offerings within the liability and cyber insurance market.
• – Collaborate closely with brokers, clients, claims teams, risk engineering/technical teams, actuarial/pricing teams, and other internal stakeholders.
• – Develop and maintain strong relationships with brokers and clients while ensuring underwriting discipline and adherence to risk appetite.
• – Support portfolio growth through sound underwriting practices while maintaining appropriate risk-adjusted profitability.
• – Provide guidance and technical support to underwriting team members and contribute to knowledge-sharing and capability development.
• – Participate in development and refinement of underwriting guidelines, processes, risk assessment frameworks, and product propositions.
• – Ensure timely completion of underwriting activities, documentation, referrals, and approvals in accordance with internal processes.

Skills:

• – Good understanding of cyber security framework.
• – Familiar with cyber risks viz ransomware, data breaches, social engineering fraud etc.
• – Good analytical, negotiation and communication skill.

Education:

• – Master’s or Bachelor’s degree preferably, in Insurance & Risk management.