Property Energy and Construction underwriter

Vrinda Global; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Vrinda Global is seeking an Underwriter to assess, price, and manage insurance risks across property, energy, and infrastructure sectors from Mumbai. The role focuses on risk evaluation, setting coverage terms, and maintaining profitable portfolio growth while upholding underwriting standards.

The candidate should have a strong grasp of property and energy insurance products, analytical skills, and the ability to work with brokers, clients, risk engineers, and reinsurers.

Qualifications

• Assess property and energy risks by reviewing technical, financial, and operational information.
• Analyze loss history, risk engineering reports, and catastrophe exposures.
• Determine coverage, policy terms, conditions, limits, and pricing.
• Underwrite new business, renewals, and endorsements within delegated authority.
• Collaborate with brokers, clients, risk engineers, and reinsurers.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.

Responsibilities

• Assess property and energy risks by reviewing technical, financial, and operational information.
• Analyze loss history, risk engineering reports, and catastrophe exposures.
• Determine coverage, policy terms, conditions, limits, and pricing.
• Underwrite new business, renewals, and endorsements within delegated authority.
• Collaborate with brokers, clients, risk engineers, and reinsurers.
• Support business development by building relationships with brokers and key clients.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.

Skills

Property insurance

Energy insurance

Risk assessment

Loss history analysis

Catastrophe exposure

Pricing & terms

Underwriting

Negotiation

Relationship management

Communication

Risk engineering familiarity

Education

Engineering degree

Insurance qualifications advantageous

Job description

The Underwriter is responsible for assessing, pricing, and managing insurance risks related to commercial property, energy, power generation, oil & gas, renewable energy, and infrastructure projects. The role involves evaluating exposures, determining coverage terms, and ensuring profitable portfolio growth while maintaining underwriting standards.

Key Responsibilities:

• Assess property and energy risks by reviewing technical, financial, and operational information.
• Analyze loss history, risk engineering reports, and catastrophe exposures.
• Determine coverage, policy terms, conditions, limits, and pricing.
• Underwrite new business, renewals, and endorsements within delegated authority.
• Collaborate with brokers, clients, risk engineers, and reinsurers.
• Support business development by building relationships with brokers and key clients.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.

Key Skills & Qualifications:

• Strong understanding of property and energy insurance products and risk assessment.
• Knowledge of industrial sectors which include power, oil & gas, petrochemical and renewable energy
• Analytical and financial evaluation skills.
• Negotiation, relationship management, and communication abilities.
• Familiarity with risk engineering concepts.
• Bachelors degree in engineering with professional insurance qualifications are an advantage.