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367 Bajaj Allianz General Insurance Jobs

Assistant Manager Marine Underwriting

3-7 years

Ahmedabad

1 vacancy

Assistant Manager Marine Underwriting

Bajaj Allianz General Insurance

posted 8hr ago

Job Description

  • Risk Assessment and Underwriting
    • Review technical proposals received from various channels (Multiline/GEO/CBG/BANCA) and IMDs as received from the region allocated basis the existing guidelines / norms
    • Implementation and monitoring of marine underwriting guidelines
    • Maintaining TAT within the Region and Referral managements within the region
    • Evaluate proposal thoroughly considering past claims / cases and assess conformance with the set underwriting guidelines; seek more information on proposals from IMD s, customers, if required
    • Conduct 360 degree review of risks along with any associated loss ratio; set standard terms and conditions for the proposal along as per the set norms and guidelines.
    • Monitor performance and risk associated with various marine products to identify and drive improvement opportunities.
    • Scrutinize the proposals received and assess adherence to the norms, guidelines and if the premium considered is correct and accounts for associated risk.
  • Premium Growth & Renewal Retention
    • Visit the locations/branches and meet IMDs & Clients; understand problem areas and issues / concerns ad provide solutions to overcome business hurdles
    • Providing support to Retail Channel (Multiline/GEO) sales teams in development of marine business
    • Tracking and renewal retention
    • Increase in Market share in allocated states and market penetration in Marine retail business
    • Grow specific policy business (development of existing IMD s and onboarding new IMD s)

Employment Type: Full Time, Permanent

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22%
17%
9%
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2%
12% candidates got the interview through other sources.
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What people at Bajaj Allianz General Insurance are saying

4.0
 Rating based on 76 Assistant Manager reviews

Likes

Senior management not competent to take decision dare decision

Dislikes

Work & life balance poor Senior management talk in very rude manner with junior staff Not competent enough to handle difficult situation always finding fault on junior staff Always apprised better to those who flattering not care about hard working and dedicate employee

Read 76 reviews

Assistant Manager salary at Bajaj Allianz General Insurance

reported by 414 employees with 1-16 years exp.
₹4 L/yr - ₹10.6 L/yr
7% less than the average Assistant Manager Salary in India
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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
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