Underwriting Manager

Michael Page; Gandhinagar; On-site; INR 1,800,000 - 3,600,000; Full time

Benefits offered by this job

Exposure to international underwriting standards

Contribution to a new strategic operation

Job summary

A leading global reinsurance firm in GIFT City is seeking an experienced Underwriter to perform assessments, engage with clients, and manage risk. The role requires 3-10 years of relevant experience and strong analytical skills. Candidates with knowledge of IFSCA regulations and experience in India or Asia are preferred. This position offers an opportunity to contribute to a strategic operation and gain exposure to international underwriting standards.

Qualifications

• 3-10 years of relevant experience in reinsurance underwriting.
• Familiarity with pricing methods and exposure analysis.
• Understanding of IFSCA/IRDAI regulatory environments is an advantage.
• Understanding of IFSCA/IRDAI regulatory environments is an advantage.

Responsibilities

• Perform underwriting assessments across Life and Non-Life Reinsurance lines.
• Support development of relationships with cedents and brokers.
• Assist in evaluating risk exposures using internal models.
• Ensure all underwriting activities comply with IFSCA regulations.
• Prepare underwriting files and maintain accurate records.
• Participate in client meetings, renewal discussions, and broker engagements alongside senior underwriters and internal referral contacts.
• Provide timely, professional responses to client and market queries.
• Assist in evaluating risk exposures using internal models, zonal accumulation tools, and catastrophe modelling inputs (where applicable).
• Support implementation of risk controls, underwriting limits, and internal governance requirements.
• Monitor emerging risks and support strategic responses.
• Ensure all underwriting activities comply with IFSCA regulations applicable to reinsurance entities in GIFT City.
• Support the Principal Officer in preparation of regulatory filings and underwriting-related records.
• Adhere strictly to the company's internal controls, documentation standards, and audit requirements.
• Prepare underwriting files, quotations, slip documents, endorsements, and related documentation.
• Maintain accurate underwriting records and contribute to management reports, KPIs, and dashboards.
• Assist in smooth operational functioning of the IIO branch, especially during setup and scaling phases.

Skills

Analytical skills

Quantitative skills

Relationship building

Risk assessment

Compliance knowledge

Job description

Overview

• Join an internationally respected reinsurance organization expanding its footpri
• Contribute meaningfully to building a new, strategic operation within GIFT City

About Our Client

Our client is a leading global reinsurance firm that has recently set up its business in GIFT City, India

Job Description

A. Technical Underwriting

• Perform underwriting assessments across Life and Non-Life Reinsurance lines, in accordance with the company's standards
• Analyze submissions, historical loss experience, pricing models, and exposure data
• Prepare underwriting recommendations for senior management review and approval
• Assist in portfolio monitoring and performance analysis

B. Market & Client Engagement

• Support development of relationships with cedents, brokers, and other key market stakeholders
• Participate in client meetings, renewal discussions, and broker engagements alongside senior underwriters and internal referral contacts
• Provide timely, professional responses to client and market queries

C. Risk Assessment & Exposure Management

• Assist in evaluating risk exposures using internal models, zonal accumulation tools, and catastrophe modelling inputs (where applicable)
• Support implementation of risk controls, underwriting limits, and internal governance requirements
• Monitor emerging risks and support strategic responses

D. Compliance & Regulatory Support

• Ensure all underwriting activities comply with IFSCA regulations applicable to reinsurance entities in GIFT City
• Support the Principal Officer in preparation of regulatory filings and underwriting-related records
• Adhere strictly to the company's internal controls, documentation standards, and audit requirements

E. Operations, Reporting & Documentation

• Prepare underwriting files, quotations, slip documents, endorsements, and related documentation
• Maintain accurate underwriting records and contribute to management reports, KPIs, and dashboards
• Assist in smooth operational functioning of the IIO branch, especially during setup and scaling phases

The Successful Applicant

• 3-10 years of relevant experience in reinsurance underwriting (exposure to various Lines of Businesses preferred)
• Strong analytical and quantitative skills; familiarity with pricing methods and exposure analysis
• Experience working with cedents or brokers in India or Asia is preferred
• Understanding of IFSCA/IRDAI regulatory environments is an advantage

What's on Offer

• Join an internationally respected reinsurance organization expanding its footprint in India
• Gain exposure to international underwriting standards and global best practices
• Contribute meaningfully to building a new, strategic operation within GIFT City