Manager – Liability Underwriting – Insurance Talent Leads HR Solutions

The Corporate Institute; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

The Corporate Institute in Mumbai is seeking a Cyber Underwriter to assess liability and cyber risks, evaluate controls around data protection and incident response, and determine coverage terms and pricing in line with underwriting guidelines.

You will collaborate with brokers, clients, claims teams, risk engineers, and actuarial teams to structure programs, monitor performance, and stay ahead of evolving cyber threats.

Qualifications

• Master’s or Bachelor’s degree in Insurance & Risk Management or related field.
• Strong understanding of cyber risk and liability underwriting.
• Excellent negotiation and communication skills to work with clients and brokers.

Responsibilities

• Assess liability and cyber risks using client information, financials and risk controls.
• Evaluate cybersecurity posture, data protection, incident response and ransomware readiness.
• Underwrite Cyber Liability and other risks per guidelines and governance.
• Analyze risk data to determine coverage, terms, deductibles, limits and pricing.
• Structure programs and provide underwriting solutions based on risk and market conditions.
• Monitor portfolio performance, trends and pricing adequacy; adapt as needed.

Skills

Cyber risk assessment

Underwriting

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.