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10 Bajaj Allianz General Insurance Senior Executive Jobs

Senior Executive Marine Underwriting

3-7 years

₹ 5.4 - 6.05L/yr (AmbitionBox estimate)

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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.

Mumbai

1 vacancy

Senior Executive Marine Underwriting

Bajaj Allianz General Insurance

posted 1d 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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What Senior Executive at Bajaj Allianz General Insurance are saying

4.1
 Rating based on 108 Senior Executive reviews

Likes

Good company to work except their tarhet pressure

  • Salary - Good
    +3 more
Dislikes

Work pressure is much more

    Read 108 Senior Executive reviews

    Senior Executive salary at Bajaj Allianz General Insurance

    reported by 487 employees with 1-11 years exp.
    ₹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 2.3k 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
    View more benefits

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