Job Description

We are actively hiring! We are looking experienced candidates into our Marine Underwriting Team. Job role : Marine Underwriter (Team Handling role) Job Location : Parel, Mumbai Key Responsibilities:Business Growth:Assist stakeholders in driving business growth by coordinating with the sales team, IMDs, and other internal teams to generate RFQs.Ensure accurate and timely quote issuance while adhering to underwriting guidelines.Oversee the conversion of business to ensure smooth policy issuance and setup on the marine portal.Monitor and achieve Gross Premium Written (GPW) targets in alignment with the budget.Profitability:Ensure underwriting practices lead to profitability and sustainable growth.Strive to balance business growth with maintaining a favorable bottom line, making sure profitability is not compromised.Monitor Net Loss Ratio vs. Budget Loss Ratio to ensure underwriting practices align with profitability targets.Portfolio Management:Regularly review and analyze the portfolio’s performance, focusing on both top-line revenue and bottom-line profit.Track renewals and proactively manage the portfolio to ensure consistency and retention.Compliance & Regulatory Adherence:Ensure that all regulatory, underwriting, and applicable government guidelines are strictly followed in all underwriting decisions.Stay updated on regulatory changes and implement necessary adjustments to maintain compliance.Team Development: Identify areas for improvement within the underwriting team and provide the necessary resources and support for professional growth.