Vice President - Underwriting

HDFC ERGO General Insurance; Mumbai; On-site; INR 3,000,000 - 5,000,000; Full time

Job summary

HDFC ERGO General Insurance in Mumbai, India seeks an experienced Head of Liability Underwriting to drive the central strategy, risk frameworks, and pricing governance for all Liability products.

You will oversee guidelines, approve large, complex risks, and ensure uniform practices across regions. Strong leadership, technical liability expertise, and stakeholder management are essential for this senior role.

Qualifications

• Bachelor’s or Master’s degree in Finance, Law, Risk Management, Engineering, or Business Administration.
• Professional certifications such as ACII, CPCU, III Fellowship, or Liability-specific credentials preferred.
• Legal background (LLB) is a strong advantage for casualty and professional indemnity underwriting.

Responsibilities

• Lead central liability underwriting strategy including growth priorities, risk frameworks, and exposure.
• Define underwriting guidelines, risk appetite, pricing frameworks, and approval matrices.
• Drive uniform underwriting practices across regions to ensure discipline, consistency, and compliance.
• Underwrite and approve large, complex, and sensitive Liability risks within delegated authority.
• Review submissions from regional teams and provide expert recommendations for pricing, terms, clauses, and coverage structuring.
• Guide improvements in policy wordings, endorsements, exclusions, and manuscript clauses.
• Monitor the central Liability portfolio for loss ratios, rate adequacy, exposure patterns, industry concentration, and early warning indicators.
• Lead periodic portfolio reviews and provide insights to senior leadership on emerging trends, market dynamics, and corrective actions.
• Work with actuarial teams for pricing models, reserving approach , and product profitability analysis.
• Lead meetings with top brokers, strategic partners, and large corporate clients for technically heavy discussions or complex deal closures.
• Support regional underwriting and distribution teams on large renewals, escalations, or competitive negotiations.
• Work closely with claims leadership to review major liability claims, litigation risks, settlement trends, and lessons for underwriting refinement.
• Mentor regional liability underwriters and build deep technical capability across the underwriting network.
• Ensure 100% adherence to IRDAI norms, internal audit standards, documentation requirements, and underwriting controls.

Skills

Graduation

Education

Bachelor’s/Master’s degree in Finance, Law, Risk Management, Engineering, or Business Administration

Job description

Posted On 30 Sep 2026

End Date 30 Sep 2027

Required Experience 15 - 20 years

Basic Section

No. Of Openings 1

Grade SM1

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

Sub Function Liability Insurance

Cost Center Liability /Specialty Insurance

Cost Center Code 1331

Business Zone NA

Job Role Team Member

Country India

Region West

State Maharashtra

Branch Code 2101

Type of Office Corporate

Skills

Skill

Graduation

CERTIFICATION

Working Language

Job Description

• Leadcentralstrategy on Liability underwriting including growth priorities, risk frameworks, and emerging exposures.
• Define and update underwriting guidelines, risk appetite, pricing frameworks, and approval matrices for all Liability products.
• Drive uniform underwriting practices across regions to ensure discipline, consistency, and compliance.
• Underwrite and approve large, complex, and sensitive Liability risks within delegated authority.
• Review submissions from regional teams and provide expert recommendations for pricing, terms, clauses, and coverage structuring.
• Guide improvements in policy wordings, endorsements, exclusions, and manuscript clauses.
• Monitor thecentralLiability portfolio for loss ratios, rate adequacy, exposure patterns, industry concentration, and early warning indicators.
• Lead periodic portfolio reviews and provide insights to senior leadership on emerging trends, market dynamics, and corrective actions.
• Work with actuarial teams for pricing models, reserving approach , and product profitability analysis.
• Lead meetings with top brokers, strategic partners, and large corporate clients for technically heavy discussions or complex deal closures.
• Support regional underwriting and distribution teams on large renewals, escalations, or competitive negotiations.
• Work closely with claims leadership to review major liability claims, litigation risks, settlement trends, and lessons for underwriting refinement.
• Mentor regional liability underwriters and build deep technical capability across the underwriting network.
• Ensure 100% adherence to IRDAI norms, internal audit standards, documentation requirements, and underwriting controls.

Key Requirements – Education & Certificates

• Bachelor’s/ Master’s degree in Finance , Law, Risk Management, Engineering, or Business Administration.
• Professional certifications such as ACII, CPCU, III Fellowship , or Liability ? specific credentials preferred.
• Legal background (LLB) is a strong advantage for casualty and professional indemnity underwriting.

Key Requirements - Experience &Skills

• 15-20 yearsof experience in Liability Underwriting or Specialty Lines underwriting.
• Strong experience in underwriting governance, portfolio management, and central decision ? making .
• Proventrack recordof working with top brokers and major corporate clients in large markets like Mumbai.
• Deep technicalexpertisein liability and casualty underwriting, policy wording interpretation, and risk modelling.
• Strong negotiation skills with senior brokers and C ? suite clients.
• Excellent analytical ability with focus on portfolio discipline and profitability.
• Ability to coach teams, manage complex risks, and lead national underwriting strategy.