Deputy Manager / Manager – GC&C Underwriting

Job Description

Job Title: Deputy Manager / Manager – GC&C Underwriting Department: GC&C Underwriting Function: Underwriting Grade: M3 / M4 Location: Zonal Office – Mumbai (HO) Reports to: AVP – GC&C Underwriting Industry Preference: General Insurance only Work Timing: 10:00 AM to 7:00 PM Work Days: Monday to Saturday Role Summary We are seeking an experienced professional to join as Deputy Manager / Manager – GC&C Underwriting, responsible for managing the underwriting of Property, Engineering, Marine, and Miscellaneous Lines of Business (LOB) under the Group Corporate & Commercial (GC&C) portfolio. The role demands a balanced approach to technical underwriting, portfolio profitability, compliance, and strategic relationship management. Key Responsibilities Handle underwriting of Property, Engineering, Marine, and Miscellaneous LOBs for the GC&C segment. Ensure prudent risk selection and adherence to technical underwriting standards. Monitor balance between top line growth and bottom line profitability. Track product-wise incurred claims and initiate corrective measures. Develop, implement, and monitor underwriting guidelines. Continuously update policies in line with market trends and company strategy. Conduct detailed risk-based analysis to ensure a healthy business mix. Focus on hazard risk analysis, retention strategy, and geographic diversification. Build and maintain relationships with brokers, intermediaries, and corporate clients. Provide technical support and contribute to business development initiatives. Ensure audit and regulatory compliance. Maintain thorough documentation and adhere to quality and control processes. Contribute to systems and process improvements for underwriting automation and efficiency. Act as a liaison for internal teams (Sales, Claims, Operations) and external partners to streamline underwriting operations. Qualifications & Experience Education: BE / B. Tech or Post-Graduation (MBA or equivalent) Experience : Minimum 5 years in General Insurance with a focus on GC&C Underwriting (Property, Engineering, Marine, Miscellaneous) Functional Skills Expertise in technical underwriting across Fire, Engineering, Marine & Miscellaneous lines Strong risk assessment and analytical capabilities Familiarity with underwriting systems and digital tools Strong interpersonal, negotiation, and stakeholder management skills Ability to interpret claims data, industry trends, and apply risk mitigation strategies Job Type: Full-time Pay: ₹1,200,000.00 - ₹1,500,000.00 per year Schedule: Day shift Application Question(s): Have you managed relationships with brokers, intermediaries, or corporate clients in an underwriting capacity? Are you experienced in ensuring audit and regulatory compliance in underwriting processes? Do you have experience in General Insurance underwriting, specifically in Property, Engineering, Marine, and Miscellaneous lines? Are you familiar with technical underwriting standards and risk assessment for GC&C portfolios? Do you have experience analyzing product-wise incurred claims and implementing corrective measures? Experience: General insurance underwriting: 5 years (Required) Work Location: In person