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Assistant Manager Marine Underwriting
3-7 years
₹ 6.5 - 10.2L/yr (AmbitionBox estimate)
Kolkata
1 vacancy
Assistant Manager Marine Underwriting
Bajaj Allianz General Insurance
posted 3mon ago
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Flexible timing
Key skills for the job
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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Rating based on 79 Assistant Manager
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Anonymous · Data Science & Analytics
in New Delhi
Senior management not competent to take decision dare decision
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
- Skill development - Poor
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