Underwriting Motor

The underwriter is responsible for evaluating and analyzing the risks involved in motor insurance proposals—private and commercial vehicles, goods, and public carrying vehicles, miscellaneous vehicles, etc. They ensure sound underwriting practices while working closely with insurers and clients to secure optimal coverage and terms.

Key Responsibilities:

• Evaluate and assess insurance proposals as per IRDA underwriting guidelines and documentation for Motor insurance proposals- Private, commercial vehicle, Goods & public carrying vehicles, Misc. vehicles, etc.
• Recommend suitable products, terms, and comparative premiums to the internal sales team/customers.
• Coordinate with insurers for quote procurement, premium negotiations, and policy issuance within TAT.
• Ensure accuracy in documentation like proposal forms and endorsements.
• Coordinate with internal teams—sales, operations, and claims—for smooth service delivery.
• Maintain accurate underwriting records and reports.
• Maintaining claim documentation for Private, commercial, and public vehicles; goods-carrying vehicles; miscellaneous vehicles; etc.

Key Skills & Competencies:

• Sound knowledge of underwriting practices across motor products (including private and commercial vehicles, goods and public carrying vehicles, misc. vehicles, etc.).
• Excellent verbal & written communication skills.
• Excellent MS Office skills, like advanced Excel and PowerPoint presentations.
• Familiarity with IRDAI regulations and insurance systems.

Qualifications:

• Preferably, engineering or any graduate & insurance certifications like Licentiate/Associate from III will be preferred.
• 2–5 years of underwriting experience in a general insurance company or insurance broking company.
• Freshers can also apply

salary:

1. Freshers—15000 in the training period, and after confirmation, the salary will be 25000.
2. Experienced based on last salary, and the range is 25000-35000 based on skill set.