Very Urgent opening For Associate Vice @ ICICI Lombard

Job Description

Very Urgent opening for Associate Vice President - Motor Underwriting with ICICI Lombard.

Interested candidate can email your resume to sa******k@ic*********d.com

Current Salary :

Qualification :

Notice Period :

Total Experience :

Title: Manager

Role: Motor Underwriter

Location: Digital Team Lower Parel

ICICI Lombard General Insurance has set up a 'virtual company' called ICICI Lombard Digital within the company to spearhead insurance services through a purely digital platform. ICICI Lombard Digital will be a specialized digital arm that cuts across the entire value-chain and leverages partnerships throughout the digital-ecosystem. The company will have its dedicated tech, product, sales force, underwriting and other necessary functions. The HR practices and policies are designed keeping in line with new age start-ups.

Profile:

1. Driving underwriting strategy formulation and setting up processes for the function.

2. Preparation of product policy wordings, underwriting guidelines, rating structure & schedule & other relevant documents for filing of products with IRDA.

3. Interacting with Marketing, Claims and Actuarial Team for review/follow up and finalizing underwriting guidelines for all products.

4. Coordinating with technology teams for maintaining the system & new requirements.

5. Product development as per customer requirements, market research and improve the effectiveness of existing products.

6. Contributing to the growth of the business by regular interactions with brokers and Intermediaries.

7. Analyzing the performance of general insurance products at regular intervals and taking proactive actions to control & normalize the portfolio in consultation with the sales and claims team.

8. Developing a monitoring system for underwriting control, enforcement of risk acceptance discipline.

9. Preparing reports for the Management Committee at regular intervals on the performance of the product portfolio and fine-tune operations as per the business requirement.

10. Analyzing incurred claims ratio, review of the portfolio and taking proactive action for loss control measures.

Ideal Applicant

- Total of 5+ years of core experience in Motor Underwriting.

- Expertise in handling large zones

- Experience in analytics, pricing, research, controls & strategizing.

- Knowledge of Process and product development.

Regards,

Saba Naik

Job Classification

Education

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Keyskills:   Motor Underwriting Underwriting Motors