Supervisor-Underwriting

Location: ,
Job Category:
Job ID: 121939
Employment Type:
Salary:
Posted: 05.12.2025

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Occupations:

Accounting-Finance : Policy Underwriting
Administrative-Clerical : Claims Processing
Sales-Retail : Insurance Agent-Broker

Job Description:

POSITION: SUPERVISOR - UNDERWRITING

ACCOUNTABILITY: UNDERWRITING MANAGER

DIVISION: UNDERWRITING - HEAD OFFICE

JOB SUMMARY:
Assists the Underwriting Manager and other senior underwriting members in implementing the company's underwriting policies as directed; appraises risks within authorised limits; issues policies and endorsements; quotes premiums; maintains assigned accounts; and keeps related records and statistics. Supervises the Underwriting Staff in the absence of other senior Officers in the Department.


DUTIES:
General:

• Planning & Implementation of the marketing plans in lines of property, liability, casualty insurance programs, and specialty lines. This position also involves understanding the client's industry to provide them with the best solutions related to various corporate insurance programs.
• Creating a database of prospective clients and maintaining contact with them by identifying key stakeholder and decision makers on various corporate insurance programs/binders that New India may have.
• Sustaining mutual rapport with key accounts by making periodic visits, exploring specific needs, and anticipating new opportunities.
• Ensuring your continuous professional development by seeking out and pursuing educational, technical and other training programmes, e.g. in Insurance, Ethics, Business and the legal and regulatory insurance framework.
• Following Underwriting Guidelines given by Head Office from time to time.

Specific Duties :-

1. Reviews, analyses, rates and accepts new business, within authorized limits, including travel insurance
2. Handling broker relationships.
3. Maintenance of existing and prospective binders.
4. Responsible for handling quotations for both Motor, Property & Miscellaneous Line of Businesses (both new and renewal).
5. Handles the issuing/maintaining of new and renewal Insurance Policies
6. Issues Cancellation Letters where necessary
7. Updates Endorsements Manual Registers
8. Handles Queries related with posting of receipts & tracking cancellation of policies
9. Issues Policy Schedules and Insurance policies
10. Key in data with respect Policies, endorsements, cancellations on the system and to handle cancellation notices and follow up.
11. Ensures all Statutory and Regulatory KYC documents are received when accepting or renewing policies (both for individuals and Corporate clients)
12. Handles reinsurance / Facultative renewal intimation.
13. Issues No Claim Discount Letters / Mortgage Letters
14. Ensures reporting of roadside assistance interventions for clients
15. Issues Office Memorandum on initiative and when instructed.
16. Approval of Motor Policies on the system
17. Premium Financing – liaison between financier and client
18. Any Other Duties as directed from time to time. 

Job Requirements: