Upload Button Icon Add office photos
filter salaries All Filters

366 Bajaj Allianz General Insurance Jobs

Senior Executive Surety

2-5 years

₹ 4 - 6.643L/yr (AmbitionBox estimate)

tooltip
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.

Pune, Wakad

Senior Executive Surety

Bajaj Allianz General Insurance

posted 14hr ago

Job Role Insights

Flexible timing

Job Description

  • Responsible for the review of new contract bonds for completion in accordance with Surety policies.
  • Analyze new account submissions for assigned territories.
  • Approve bonds within the limit of authority for this position.
  • Oversee and manage the fiscal status of accounts.  Perform analysis on annual accounting audits and internal financial statements.  Review and be familiar with relevant credit information.
  • Maintain current documentation and credit information files in accordance with the BAGIC Procedure Manual for Contract Surety.
  • Visit bond accounts as requested by stakeholders and NHOD.
  • Provide quarterly marketing updates and other reports as requested by various stakeholders
  • Maintain a strong knowledge of construction industry trends, market conditions, and current challenges and opportunities
  • Develop broker relationships and marketing strategies to further new business opportunities.
  • Develop Partnerships with Banks to sell Surety Bonds in partnership: Approach BAGIC Bank partners and to form partnership with them.
  • Manage a diverse portfolio of existing contract surety accounts
  • Actively participate in underwriting and sales meetings and support management in the identification and launch of new programs and initiatives
  • Analyze financial statements and secure appropriate underwriting information to evaluate credit risk and determine risk acceptability. Negotiate terms and conditions on complex bonds and accounts. Lead/participate in virtual and/or in-person meetings to facilitate the exchange of underwriting and project information.
  • Actively participate in construction and surety industry functions, forums, and events.
  • Assures development and implementation of policies, procedures, and standards to produce profitable underwriting results significantly contributing to process improvement and technology innovation
  • Addressing governance and regulatory compliance issues.
  • Developing, administering, and monitoring complex underwriting rules and guidelines
  • Developing, underwriting, and managing a portfolio of Surety business by managing the selection/denial of new and/or renewal business

Roles and Responsibilities

2


Employment Type: Full Time, Permanent

Read full job description

Prepare for Senior Executive roles with real interview advice

What people at Bajaj Allianz General Insurance are saying

4.0
 Rating based on 114 Senior Executive reviews

Likes

Work life balance

  • Salary - Good
  • +5 more
Dislikes

No job security

  • Job security - Bad
Read 114 Senior Executive reviews

Senior Executive salary at Bajaj Allianz General Insurance

reported by 365 employees with 1-11 years exp.
Lock Unlock
₹3.5 L/yr - ₹7.2 L/yr
At par with the average Senior Executive Salary in India
View more details

What Bajaj Allianz General Insurance employees are saying about work life

based on 2.4k employees
56%
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

Compare Bajaj Allianz General Insurance with

ICICI Lombard General Insurance Company

3.7
Compare

HDFC Ergo General Insurance

3.9
Compare

Reliance General Insurance

3.7
Compare

Tata AIG

4.1
Compare

United India Insurance Company

4.3
Compare

National Insurance Company

4.2
Compare

The New India Assurance Co.

4.5
Compare

Star Health & Allied Insurance

3.6
Compare

Future Generali India Life Insurance

3.6
Compare

SBI General Insurance

3.7
Compare

HDFC Life

4.0
Compare

ICICI Prudential Life Insurance

4.1
Compare

Axis Max Life Insurance

4.1
Compare

Bajaj Allianz Life Insurance

4.0
Compare

SBI Life Insurance Company

3.8
Compare

Tata AIA Life Insurance

4.0
Compare

PNB MetLife

3.4
Compare

Kotak Mahindara Life Insurance

3.7
Compare

Reliance Nippon Life Insurance

3.6
Compare

Aditya Birla Sun Life Insurance

4.0
Compare

Similar Jobs for you

Insurance Associate at ALLIANZ SERVICES PRIVATE LIMITED

Pune

1-4 Yrs

₹ 3-4 LPA

Administrator at ALLIANZ SERVICES PRIVATE LIMITED

Pune

1-5 Yrs

₹ 3-4 LPA

Brach Operation Manager at Technosoft Solutions

Visakhapatnam

1-6 Yrs

₹ 6-12 LPA

Prop at EXL

Pune

1-4 Yrs

₹ 3-5 LPA

Insurance Head at Autoveer pvt ltd

New Delhi

4-7 Yrs

₹ 3.5-4.5 LPA

Operations Executive at Tiger Wealth Private Limited

Chandigarh

2-3 Yrs

₹ 2.75-3 LPA

Operations Executive at Bajaj Allianz Life Life insurance Co. ltd.

Chakradharpur

2-4 Yrs

₹ 3.25-4.25 LPA

Servicing Specialist at TechTammina LLC

Hyderabad / Secunderabad

1-5 Yrs

₹ 3-7 LPA

Branch Operations and Service Manager at Bajaj Allianz General Insurance Company Limited

Ahmedabad

5-10 Yrs

₹ 4-8 LPA

Operations Manager at Disha Capital Insurance Brokers Private Limited

New Delhi, Bangalore / Bengaluru + 1

1-6 Yrs

₹ 3-8 LPA

Senior Executive Surety

2-5 Yrs

Pune, Wakad

14hr ago·via naukri.com

Service Engineer

3-6 Yrs

Purulia

3d ago·via naukri.com

Relationship Manager Health Insurance

2-6 Yrs

Solapur

3d ago·via naukri.com

Relationship Manager

2-6 Yrs

Lucknow

4d ago·via naukri.com

Relationship Manager

2-8 Yrs

Bangalore / Bengaluru

4d ago·via naukri.com

Relationship Manager

2-9 Yrs

Bangalore / Bengaluru

4d ago·via naukri.com

Branch Operations and Service Manager

1-6 Yrs

Bankura

4d ago·via naukri.com

Sr. Sales Manager Banc assurance - NBFC

3-7 Yrs

Lucknow

4d ago·via naukri.com

Cluster Head Health Insurance

4-8 Yrs

New Delhi

4d ago·via naukri.com

Relationship Manager

2-6 Yrs

Bangalore / Bengaluru

4d ago·via naukri.com

Recently Viewed

JOBS

Gushwork

14 jobs

JOBS

Browse jobs

Discover jobs you love

JOBS

GroundTruth

33 jobs

PHOTOS

Growisto

7 office photos

INTERVIEWS

Sansera Engineering

No Interviews

INTERVIEWS

Sansera Engineering

No Interviews

JOBS

Shobhit University

No Jobs

JOBS

Shobhit University

No Jobs

JOBS

Shobhit University

No Jobs

write
Share an Interview
How was your last interview experience?
Rate your experience using AmbitionBox
Terrible
Terrible
Poor
Poor
Average
Average
Good
Good
Excellent
Excellent
Sorry, this job is no longer available!