Senior Underwriter

Our claims organisation handles more than 400,000 claims a year, including catastrophe response after hurricanes and hail. We started in 1973 and have grown to about 420 people. Hail season means long days for field adjusters.

The Senior Underwriter reviews and prices commercial insurance submissions from independent agents and decides what to write, and on what terms. Visakhapatnam Risk Advisors is a regional property and casualty carrier. You will underwrite a book of about $15M in written premium. Remote position. Most of the team is in Visakhapatnam, but nobody is required to come in. Flexible schedule. We have one team call a day, usually in the morning. You get a company laptop and a headset before you start.

What you'll be doing:

• Mentor underwriting assistants and trainees
• Negotiate terms, deductibles and pricing with agents
• Review submissions for risk quality, completeness and appetite fit
• Track production, hit ratio and loss ratio for your book monthly
• Price accounts using rating tools in Guidewire PolicyCenter and underwriting judgment
• Re-underwrite renewals for loss trends, exposure changes and rate adequacy

What you'll need:

• Comfortable negotiating with agents
• Working knowledge of commercial property, liability and auto coverage forms
• Able to travel up to 20% for agency visits

Pay and benefits:

Compensation: ₹12.5-14.5 LPA

• Health insurance for you and your family
• Provident fund
• Paid leave
• Internet reimbursement

Please submit your CV in English.

Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Visakhapatnam Risk Advisors.