Portfolio Analyst - Motor Underwriting
Tawteen
Posted on 29 Mar
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Role & Responsibilities for Motor Underwriter:
Portfolio Tracking and Management
- Evaluating portfolio at micro level (segment/location/vertical/channel etc) and combining the same with ground level intelligence to contribute towards devising strategy.
- Segment level pricing decisions and deviations.
- Improvement in sourcing mix of loss making channels.
- Framing strategies to control Loss ratios.
- Tracking competition pricing and benchmarking of business opportunities.
- Identifying new segments and locations to ensure profitable growth of motor business
Business Enabler
- Market share tracking and facilitating decisions to enhance the same in a profitable manner.
- Refining business proposals with an eye for underwriting controls and top line growth.
- Strategic customer evaluation using industry and internal data and direct discussion with the customer.
- Regular meetings with sales/channel partners across locations to evaluate new proposals from channels to enable profitable growth.
- Participating in pricing decisions with location level intelligence and competition benchmarking.
Business, Underwriting & Audit
- Ensuring sanity of data capture at source level which would aid in further underwriting process (CV usage, Vehicle information, customer information etc.)
- Periodic checking and reviews.
- Keeping track of commitments given to strategic customers at different levels.
- Periodic audit of policies sourced to identify any gaps with respect to process and wrong sourcing.
- Handling inter vertical differences in terms of pricing, cross selling etc.
Ideal Candidate should have:
Desired Candidate Profile
- Degree/certificate/post graduation in Insurance will have an advantage.
- 12+ years experience in the insurance industry of which the majority (8-10 years or more should be in technical functions like underwriting, pricing, audits).
- Motor & General insurance/P&C experience is preferred.
- Understanding of product development & portfolio audit is a must
- Should have experience of interacting with actuaries wrt understanding of underwriting s impact on pricing
- Should have experience of P&L buildups and related reporting.
- Should have an experience at audits & compliance role will be an added advantage
Company Industry
- Internet
- E-commerce
- Dotcom
Department / Functional Area
- Insurance
- Underwriting
- Surveying
- Actuary
Keywords
- Portfolio Analyst - Motor Underwriting
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