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14 Bajaj Allianz General Insurance Senior Executive Jobs
Senior Executive Surety
2-3 years
₹ 4 - 6.8L/yr (AmbitionBox estimate)
Pune
1 vacancy
Senior Executive Surety
Bajaj Allianz General Insurance
posted 2hr ago
Job Role Insights
Flexible timing
Key skills for the job
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
Employment Type: Full Time, Permanent
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Anonymous · Marketing & Communication
in Pune
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