Job Opening: Underwriting Specialist – General Insurance (Non-EB)
Location: Kondapur, Hyderabad
Experience: 1–2 years
Job Type: Onsite- Permanent
Job Description
We are looking for a detail-oriented Underwriting Specialist to join our team of passionate and high-performing professionals. You will be responsible for evaluating and underwriting non-EB general insurance products such as Fire, Property, Marine, Engineering, Liability, and Motor, assessing risk exposure, and recommending appropriate coverage and pricing to clients.
The chosen candidate will be analytical, process-driven, and possess working knowledge of general insurance underwriting practices, policy wordings, and regulatory guidelines, while maintaining a strong client-service orientation.
Responsibilities
● Evaluate and underwrite non-EB general insurance proposals (Fire, Property, Marine, Engineering, Liability, Motor, etc.)
● Assess risk profiles, site/property details, and loss history to determine insurability and pricing
● Liaise with insurers to negotiate terms, coverage, and premiums on behalf of clients
● Prepare and review policy documents, endorsements, and renewals for accuracy
● Coordinate with sales/relationship teams to structure suitable coverage for clients
● Ensure compliance with IRDAI guidelines and internal underwriting norms
● Maintain underwriting records and support audits/reporting as needed
● Stay updated on market trends, product changes, and regulatory updates in general insurance
Requirements
● Graduation (any field); insurance-related certification (Licentiate/Associate from Insurance Institute of India) preferred
● 1–2 years of experience in underwriting or risk assessment for non-EB general insurance lines (Fire, Property, Marine, Engineering, Liability, etc.)
● Good understanding of underwriting principles, policy wordings, and risk assessment techniques
● Strong analytical and MS Excel skills
● Excellent communication and interpersonal skills for coordinating with insurers and clients
● Prior experience with a broking house or general insurer preferred
Pay: ₹700,000.00 - ₹1,500,000.00 per year
Work Location: In person
