Non Motor Underwriting

SHRIRAM GENERAL INSURANCE CO. LTD.; Jaipur; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

SHRIRAM GENERAL INSURANCE CO. LTD. invites applications for a seasoned Non-Motor Underwriting Lead to drive underwriting strategy from the Corporate Office in Jaipur.

The role requires evaluating high-value risks, ensuring policy and regulatory compliance, and guiding underwriting teams to optimize risk selection and portfolio performance. You will conduct market research, collaborate with cross-functional partners, and develop technical analytics to enhance profitability while maintaining risk

Qualifications

• MBA (Insurance) required or preferred.
• FIII and AIII certifications required.
• Experience in Non-Motor underwriting advantageous.

Responsibilities

• Lead and manage underwriting activities across Non-Motor insurance business.
• Evaluate complex and high-value risks and ensure appropriate underwriting decisions.
• Assess risk exposures, policy terms, sum insured, and overall risk complexity.
• Analyze financial, technical, and business information to determine risk acceptability.
• Ensure underwriting decisions are aligned with company policies, guidelines, and regulatory requirements.
• Monitor adherence to underwriting standards and risk management practices.
• Market Research & Analysis: Track market trends, competitor practices, and developments in the Non-Motor insurance segment.
• Identify opportunities and risks arising from changing market conditions.
• Guide, train, and mentor underwriting teams.
• Develop technical and analytical capabilities within the team.
• Cross-Functional Collaboration: Coordinate effectively with other departments and internal stakeholders.
• Support business teams in resolving complex underwriting and risk-related matters.
• Manage and monitor the Non-Motor underwriting portfolio.
• Review portfolio performance, risk concentration, profitability, and exposure.
• Handle large and complex risks involving high sums insured.

Skills

Non-Motor underwriting

Analytical & risk assessment

Communication skills

Decision-making

Problem-solving

Compliance knowledge

Education

MBA (Insurance) / FIII / AIII

Job description

Qualification: MBA (Insurance), FIII, AIII

Key Responsibilities

Lead and manage underwriting activities across Non-Motor insurance business.

Evaluate complex and high-value risks and ensure appropriate underwriting decisions.

Assess risk exposures, policy terms, sum insured, and overall risk complexity.

Analyze financial, technical, and business information to determine risk acceptability.

Ensure underwriting decisions are aligned with company policies, guidelines, and regulatory requirements.

Monitor adherence to underwriting standards and risk management practices.

4. Market Research & Analysis

Track market trends, competitor practices, and developments in the Non-Motor insurance segment.

Identify opportunities and risks arising from changing market conditions.

Guide, train, and mentor underwriting teams.

Develop technical and analytical capabilities within the team.

6. Cross-Functional Collaboration

Coordinate effectively with other departments and internal stakeholders.

Support business teams in resolving complex underwriting and risk-related matters.

Manage and monitor the Non-Motor underwriting portfolio.

Review portfolio performance, risk concentration, profitability, and exposure.

Handle large and complex risks involving high sums insured.

Key Skills

• Expertise in Non-Motor Insurance Underwriting
• Strong Analytical & Risk Assessment Skills
• Strong Verbal and Written Communication Skills
• Strong Decision-Making Abilities
• Excellent Problem-Solving Skills
• Knowledge of underwriting guidelines and compliance

Salary will not be a constraint for the right candidate.

Place of Posting: Corporate Office, Jaipur