2. ROLE PURPOSE:
To underwrite a profitable book of Property business with a specific focus on Industrial sector, Power sector and Commercial Properties
3. KEY ACCOUNTABILITIES:
Description
- Responsible for achieving International Division's budget for Property LOB.
- Underwrite risks that are consistent with Company's underwriting philosophy and risk appetite.
- Develop and maintain strong relationships with business partners (brokers & cedants).
- Renewal management - Ensure the renewal process including negotiations with brokers and cedants are concluded smoothly.
- Ensure excellent service levels are delivered to business partners.
- Actively support in preparation of annual budget for Property line of business in line with organization's growth and underwriting philosophy
- Underwriting thought process and rationales to be properly documented
- Structured and regular follow ups with business partners on new business enquiries and renewals.
- Interact with other verticals within International Division for cross selling and up selling
- Ensure Internal Guidelines are fully complied
- Ensure business is booked in proper and timely manner
- Contribute in preparation of MIS/ad hoc reports
- Provide necessary support to other departments such as Claims, finance, reinsurance etc. when required
Minimum Qualifications and Knowledge:
Bachelor's Degree (with any stream of engineering degree would be preferred) / ACII/FIII
Minimum Experience: 5 – 7 years of proven Property underwriting experience.
Job-Specific Skills:
- Good knowledge of property including steel, power, cement, chemical etc underwriting and risk engineering
- Market knowledge/Intelligence
- Relationship Management and Networking with business partners.
- Good computer skills
- Working under tight timelines and pressure during business seasons.
Behavioral Competencies
- Analytical Thinking
- Team-player who can also work independently.
- Go getter attitude - Structured and result oriented approach
- Good Communication and presentation skills
- Multi-task handling
