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370 Bajaj Allianz General Insurance Jobs

Manager Liability LOB

6-14 years

₹ 16.68 - 12.95L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Mumbai

1 vacancy

Manager Liability LOB

Bajaj Allianz General Insurance

posted 16d ago

Job Description

1. Risk Assessment and Underwriting
- Provide technical inputs and advisory to the market on emerging risks and changing scenarios
-Review technical, highly complex, large and inherently risky proposals
-Evaluate proposal thoroughly considering past claims/cases and assess conformance with underwriting guidelines
-Conduct 360 degree review of risks along with any associated loss ratio; decide on standard terms and conditions for the proposal
-Arrive at the quotes to covert large accounts with substantial premiums in our favour

2. Premium Growth and New Client aquisition
- Develop profitable relationships with broking houses and IMDs
- Negotiate terms & Ensure presence on large accounts with high limit deployment
- Advise clients and IMDs on products and covers
-Visit the locations and meet major IMDs; understand problem areas and issues / concerns
-Provide guidance, if required and resolve any issues / concerns from IMDs
- review performance of channels, brokers and IMDs

3. Projects / Special Initiatives
-Take up special projects / initiatives aimed at premium growth or strengthening the organizational processes & systems

4. Product Training
-Drive implementation of various training efforts in case of new / existing product launch in terms of premium calculation; product nuances, etc.; clarify doubts and resolve concerns, if any
-Assess areas of improvement amongst the IMDs and provide effective training to them; address development issues / concerns and enable them to drive sales for the organization in an effective manner


Employment Type: Full Time, Permanent

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What people at Bajaj Allianz General Insurance are saying

4.0
 Rating based on 14 Manager reviews

Likes

Opportunity to get new challenge and learn things.

  • Salary - Excellent
    +6 more
Dislikes

Very less salary is paid to high experience people and HR gives no value to old employees to motivate or reward old employees who have given their whole life to company.

    Read 14 Manager reviews

    Manager salary at Bajaj Allianz General Insurance

    reported by 110 employees with 6-19 years exp.
    ₹10 L/yr - ₹25 L/yr
    At par with the average Manager Salary in India
    View more details

    What Bajaj Allianz General Insurance employees are saying about work life

    based on 2.3k employees
    57%
    45%
    53%
    99%
    Flexible timing
    Monday to Friday
    Within city
    Day Shift
    View more insights

    Bajaj Allianz General Insurance Benefits

    Health Insurance
    Job Training
    Soft Skill Training
    Work From Home
    Team Outings
    Cafeteria +6 more
    View more benefits

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