Motor Underwriting- Portfolio

Vrinda Global

Mumbai

On-site

INR 2,500,000 - 4,500,000

Full time

10 days ago
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Job summary

Vrinda Global is seeking a portfolio lead motor underwriting to oversee growth and profitability of the Motor line, monitor performance, and drive strategic initiatives to increase market share.

You will execute central level strategies, benchmark competition, mine opportunities, and manage portfolio by sharing insights and shaping decisions. This role focuses on developing tech-based solutions and analyzing P&L, with responsibility to present reports to senior management.

Qualifications

  • Minimum 8-12 years in General Insurance with exposure to Motor portfolio/underwriting management.
  • Strong understanding of P&L management and strategic planning.

Responsibilities

  • Monitor growth and profitability of Motor line of business.
  • To execute central level strategies and Conduct competition benchmarking for growth and profitability
  • Deep mine opportunities and strategize as per central guidelines
  • Actively manage portfolio by sharing insights and taking decisions to weed out non-preferred business.
  • Devise Tech based solutions and work towards new generation products.
  • Analyze and manage channel-wise and overall P&L for Motor line of business.
  • Formulate strategies to increase market share.
  • Share various reports with senior management on portfolio performance.

Skills

Data Analytics
Communication skills
Actuarial Science understanding
Advanced Excel
PowerPoint
R/Python/SAS

Tools

Excel
PowerPoint
R
Python
SAS

Job description

POSITION OVERVIEW

The portfolio lead motor underwriting will be responsible for monitoring growth and profitability of Motor line of business, actively managing portfolio performance, and driving strategic initiatives to increase market share.

ROLE AND RESPONSIBILITIES
  • Monitor growth and profitability of Motor line of business.
  • To execute central level strategies and Conduct competition benchmarking for growth and profitability
  • Deep mine opportunities and strategize as per central guidelines
  • Actively manage portfolio by sharing insights and taking decisions to weed out non-preferred business.
  • Devise Tech based solutions and work towards new generation products.
  • Analyze and manage channel-wise and overall P&L for Motor line of business.
  • Formulate strategies to increase market share.
  • Share various reports with senior management on portfolio performance.
EDUCATION & EXPERIENCE REQUIREMENTS
  • Minimum 8-12 years in General Insurance with exposure to Motor portfolio/underwriting management.
  • Strong understanding of P&L management and strategic planning.
PREFERRED SKILLS
  • Data Analytics
  • Communication skills
  • Advanced Excel, PowerPoint
  • Working knowledge of R/Python/SAS
  • Understanding of Actuarial Science
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