Senior Manager - Underwriting

PeopleStrong; Kolkata District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

HDFC ERGO General Insurance is seeking a Property and Engineering Underwriter in Kolkata to assess and underwrite property and engineering risks. The role involves evaluating risk, determining coverage and pricing, and ensuring policy compliance.

You will interact with brokers and clients to gather information and explain coverage options. The candidate should have a Bachelor's degree in engineering/finance or related fields and 3-5 years underwriting experience in property and engineering

Qualifications

• Bachelor's degree preferably in engineering, finance, business administration, or a related field.
• 3-5 years underwriting experience in property and engineering insurance.
• Certifications like Licenciate, Associate and Fellow from III desirable.

Responsibilities

• Analyze and evaluate property and engineering risk proposals based on reports, site inspections and data.
• Obtain underwriting information as needed and communicate with sales, risk engineers, brokers and clients.
• Follow underwriting guidelines for property and engineering risks and ensure timely decisions.
• Determine price, coverage and terms based on risk, market conditions and guidelines.
• Manage portfolio profitability and compliance with company standards.
• Prepare underwriting reports and maintain data in required formats.

Skills

Analytical thinking

Problem solving

Communication

Risk assessment

Education

Bachelor's degree (engineering/finance/related)

Tools

Policy issuance system

Data analysis tools

Job description

Posted On 31 Aug 2026

End Date 31 Aug 2027

Required Experience 6 - 10 years

Basic Section

No. Of Openings 1

Grade M1

Campus/Non Campus Non Campus

Employment Type Permanent

Organisational

Company HDFC ERGO General Insurance

Legal Entity HDFC ERGO General Insurance

SBU/ Channel Corporate

Business Function Non Sales

Cost Center Property/Engg

Cost Center Code 1361

Business Zone NA

Job Role Team Member

Country India

Region East

City Kolkata

Physical Branch Kolkata

Branch Kolkata

Branch Code 3101

Type of Office Corporate

Skills

Skill

Graduation

CERTIFICATION

Working Language

Job Description

Position Overview:

The Property and Engineering Underwriter is responsible for evaluating and underwriting property and engineering insurance risks. This role involves assessing the potential risks associated with various property and engineering projects, determining appropriate coverage, terms, and pricing, and ensuring compliance with company policies and industry regulations.

Key Responsibilities:

Analyze and evaluate proposals of property and engineering risks based on detailed reports, site inspections, and technical data.

If required, seek relevant underwriting information about the risk and communicate the same with sales team, risk engineers, brokers and clients as per the requirement.

Understand and comply with underwriting guidelines for property and engineering risks.

Determine appropriate price, coverage, terms, and conditions for proposals, based on risk assessment, market conditions and company guidelines within stipulated timeline.

Monitor and manage the portfolio of underwritten risks to ensure profitability and compliance with company standards.

Market Interaction:

Communicate with brokers, agents, and clients to gather necessary information for underwriting decisions.

Provide clear explanations of coverage options, terms, and conditions to clients and stakeholders.

Policy Management:

Cooperate in booking insurance policies, endorsements, and renewals in system while maintaining standard TAT

Review and update policy documentation as required.

Collaboration and Reporting:

Prepare and present underwriting reports and maintain underwriting data in required formats.

Participate in training and development programs to enhance underwriting skills and knowledge.

Qualifications:

Education: Bachelor's degree preferably in engineering, finance, business administration, or a related field.

Experience: Minimum of 3-5 years of underwriting experience, preferably in property and engineering insurance.

Technical Skills: Proficiency in risk assessment tools, Policy issuance system, and data analysis.

Certifications: Relevant professional certifications like Licenciate, Associate and Fellow from III are highly desirable.

Skills:

• Strong analytical and problem-solving abilities.
• Knowledge of relevant industry regulations and standards.

Working Conditions:

Office-based position with occasional travel to client sites, project locations, and industry events.

Full-time position with potential for extended hours during peak periods.