Placement/Underwriter Manager - Liability

ESP Engineered; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

ESP Engineered is looking for a Placement/Underwriter Manager for Liability in Bengaluru, India. This full-time role requires 3-8 years of experience in underwriting liability insurance. Responsibilities include assessing risks, leading product development, and managing client relationships. The ideal candidate will have a Bachelor's degree in Finance or a related field, knowledge of liability products, and strong analytical skills. This position offers a chance to work with MNC brokers and further develop your underwriting skills.

Qualifications

• Minimum of 3 years of experience in underwriting liability insurance products.
• Comprehensive knowledge of liability lines including general, professional, and specialty liability.
• Strong analytical skills to evaluate complex risk profiles.

Responsibilities

• Assess and evaluate risks associated with liability insurance products.
• Conduct in-depth risk analysis and prepare client submissions.
• Lead product development and manage P&L for the region.

Skills

Analytical skills

Communication skills

Detail-oriented

Proficiency in insurance software

Education

Bachelor’s degree in Finance, Business, Insurance, or a related field

Relevant certification in insurance underwriting (e.g., CII, CPCU)

Tools

Insurance software

Data analysis tools

Job description

Placement/Underwriter Manager - Liability

3-8 years

Full-time

Job Overview

We are seeking a skilled Liability Insurance Underwriter to assess and evaluate risks associated with liability insurance products. The ideal candidate will bring a strong understanding of the commercial liability landscape, from general liability to specialized products, ensuring accurate underwriting decisions that balance client needs and organizational profitability.

Key Responsibilities

• Demonstrate extensive knowledge of Liability and Financial Lines products, including policy analysis and comparison with competitors.
• Work on large client submissions, collaborating with MNC brokers to ensure conversions.
• Develop pre-underwritten products for the Retail team, overseeing IT integration for streamlined product delivery.
• Lead product development, including product filing, pricing in collaboration with actuaries, and market differentiation analysis.
• Engage with the reinsurance team for facultative proposals, ensuring comprehensive coverage and risk management.
• Prepare client submissions, conducting in-depth risk analysis, understanding business structures, and identifying key exposures.
• Facilitate training for the Sales team to enhance product knowledge and market readiness.
• Conduct client meetings to support business acquisition and retention, fostering strong client relationships.
• Liaise with brokers, agents, and clients to support business development and client satisfaction.
• Manage operational tasks, including scrutiny and quality control of policy wording and documentation.
• Oversee P&L for the region, with a focus on achieving Liability targets and converting large deals.

Qualifications

• Bachelor’s degree in Finance, Business, Insurance, or a related field.
• Relevant certification in insurance underwriting (e.g., CII, CPCU) is an asset.
• Minimum of 3 years of experience in underwriting liability insurance products.
• Comprehensive knowledge of liability lines, including general, professional, and specialty liability.
• Strong analytical skills to evaluate complex risk profiles and make sound underwriting decisions.
• Excellent communication and interpersonal skills for interaction with brokers, agents, and internal teams.
• Detail-oriented with the ability to manage multiple accounts and prioritize tasks.
• Proficiency in insurance software and data analysis tools.