Vice President

Kshema General Insurance Limited; Secunderabad; On-site; INR 5,000,000 - 9,000,000; Full time

Job summary

Kshema General Insurance Limited in India seeks a Senior Vice President – Underwriting to lead underwriting strategy, profitability, and risk management across all major lines. The role demands a seasoned leader with deep general insurance underwriting experience and a proven capacity to drive performance and innovation.

The position emphasizes data-driven decision making, regulatory compliance, and building a high-performing team while engaging reinsurers, brokers, regulators, and internal

Qualifications

• Minimum 25 years of experience in general insurance underwriting.
• Proven track record of executive leadership in underwriting, risk management, and portfolio profitability.
• Strong knowledge of Indian insurance markets, regulatory frameworks, and emerging industry trends.
• Expertise in data-driven decision-making and underwriting automation tools.
• Exceptional leadership, communication, and negotiation skills.

Responsibilities

• Strategic Leadership: Define and execute underwriting strategies aligned with organizational goals and regulatory frameworks.
• Portfolio Management: Oversee underwriting across all lines of general insurance ensuring balanced risk selection and sustainable growth.
• Risk Assessment: Establish robust risk evaluation frameworks and ensure adherence to underwriting guidelines.
• Profitability Oversight: Monitor underwriting performance, loss ratios, and profitability metrics; implement corrective actions where necessary.
• Innovation & Transformation: Drive adoption of advanced analytics, digital tools, and AI-driven underwriting solutions.
• Regulatory Compliance: Ensure compliance with local and international insurance regulations, standards, and governance practices.
• Team Development: Mentor and lead a high-performing underwriting team, fostering a culture of accountability, collaboration, and continuous learning.
• Stakeholder Engagement: Collaborate with reinsurers, brokers, regulators, and internal stakeholders to strengthen underwriting practices and market positioning.

Job description

Position Overview

The Senior Vice President – Underwriting will serve as the strategic leader of the underwriting function, succeeding the Chief Underwriting Officer. This role requires a seasoned professional with over 25 years of experience in general insurance underwriting across all major lines of business. The SVP will be responsible for shaping underwriting strategy, ensuring profitability, managing risk, and driving innovation in underwriting practices.

Key Responsibilities

• Strategic Leadership: Define and execute underwriting strategies aligned with organizational goals and regulatory frameworks.
• Portfolio Management: Oversee underwriting across all lines of general insurance (property, casualty, motor, health, liability, marine, etc.) ensuring balanced risk selection and sustainable growth.
• Risk Assessment: Establish robust risk evaluation frameworks and ensure adherence to underwriting guidelines.
• Profitability Oversight: Monitor underwriting performance, loss ratios, and profitability metrics; implement corrective actions where necessary.
• Innovation & Transformation: Drive adoption of advanced analytics, digital tools, and AI-driven underwriting solutions.
• Regulatory Compliance: Ensure compliance with local and international insurance regulations, standards, and governance practices.
• Team Development: Mentor and lead a high-performing underwriting team, fostering a culture of accountability, collaboration, and continuous learning.
• Stakeholder Engagement: Collaborate with reinsurers, brokers, regulators, and internal stakeholders to strengthen underwriting practices and market positioning.

Qualifications

• Minimum 25 years of experience in general insurance underwriting with exposure to all major lines of business.
• Proven track record of executive leadership in underwriting, risk management, and portfolio profitability.
• Strong knowledge of global insurance markets, regulatory frameworks, and emerging industry trends.
• Expertise in data-driven decision-making and underwriting automation tools.
• Exceptional leadership, communication, and negotiation skills.

Competencies

• Visionary Leadership – Ability to set long-term direction and inspire teams.
• Analytical Acumen – Strong quantitative and qualitative risk assessment skills.
• Decision-Making – Balanced judgment in underwriting decisions under complex scenarios.
• Change Management – Skilled in leading organizational transformation and innovation.
• Relationship Building – Effective collaboration with internal and external stakeholders.

Requirements

• Minimum 25 years of experience in general insurance underwriting with exposure to all major lines of business.
• Proven track record of executive leadership in underwriting, risk management, and portfolio profitability.
• Strong knowledge of Indian insurance markets, regulatory frameworks, and emerging industry trends.
• Expertise in data-driven decision-making and underwriting automation tools.
• Exceptional leadership, communication, and negotiation skills