Assistant Manager - Motor UW

Business Planning Growth

• Preparing, implementing and monitoring of underwriting guidelines
• Monitoring business mix and loss ratios and recommending counter measures for profitable growth.
• Responsible for Pre-inspection approvals through the NTU model
• Working closely with business to understand the risk exposure of various LOBs and provide relevant solutions to the stakeholders
• Analyzing business portfolios and ensuring profitability. Suggest and initiate corrective actions for less and/or non-viable portfolios.
• Providing strategic inputs to the National head for the formulation of Long Range Plan (LRP) and Annual Operating Plan (AOP) and manage projects that are an outcome of the same.
• Providing additional support and assessing the risk for special lines of business which are outside the purview of retail motor business for e.g. Fleet
• Periodical review of underwriting guidelines and implementation through ground forces.
• Monitoring adherence of various processes in motor underwriting to ensure compliance with regulatory requirements
• Responsible for statutory and regulatory audits and taking corrective actions as and when necessary
• Working collaboratively with stakeholders to identify fraud and providing counter measures to tackle the same.
• Oversee required changes in system, bug management and new initiative.
• Providing technical input for any new development in system, transformation of system.

2. Risk Management

• Providing sanction on deviations by assessing exception cases over and above standard framework guidelines

3. Analytics MIS Reporting

• Reviews analytics for central team regularly
• Co-ordinates with various departments for data inputs and uses insights from analytics to make strategic alterations
• Provide analytical reports to Zonal Heads for their teams to assess their targets

4. Relationship management

• Interacts with internal stakeholders (Sales - Motor, Compliance etc.) to discuss various products and risks that can be undertaken in compliance with regulatory requirements

5.Technology

• Drive continuous improvement efforts to achieve process and cost efficiency within the function
• Drive application of technology to enable re-engineering of programs and processes to make optimal use of resources in consultation with various stakeholders in other departments.
• Integration of external portals with internal platforms
• Model upgradation and provide Pre-inspection rights to IMDs
• Identifies and resolve system Issues

Mandatory Skills:

Analytical Skills .Good Excel Skills. Project Management .Understanding of software development and UAT impact .Attention to detail .Negotiation and interpersonal skills

Desirable Skills:

Minimum 4 years of experience(Insurance preferred) with at least minimum 3 yrs in motor claims department