Manager - Underwriting
HDFC ERGO General Insurance Company Limited
Total years of experience :17 years, 2 Months
2011 (August) - Till Date: HDFC ERGO General Insurance Company Limited
Job Profile: Manager - Underwriting (Commercial)
(Property, Engineering and Marine Underwriting)
Job Responsibilities: • Analysis of the portfolio of the client for Property, Project Insurance, Annual Engineering and Marine Cargo Insurance
• Preparing Term Slip and RI Slip after analyzing proposal forms/ Broker slip, Inspection Report and forwarding proposals to Competent Authority for approval.
• Preparing terms based on guideline, RI treaty and Capacity Limits
• PML assessment for proposals for PML approval
• Preparing draft for policies for large accounts and Quality check for final version
• Global Program - Placement/acceptance of proposals based on DIC/DIL coverage's with respect to Global Slip issued
Training
• Desktop PML Assessment
• Work Permit - Requirements & Documentation
Projects
• Accumulation Analysis for live Project Policies
• Product Development - Filling of new products and variants with regulator
2008 (September) - June '2011: Bharti AXA General Insurance Company Limited.
Job Profile: Assistant Manager - Underwriting and Reinsurance
(Commercial Underwriting (North Zone) - Property and Marine Cargo)
Job Responsibilities: • To make comprehensive analysis of the portfolio of the client and approve quotes within delegated authority for Fire, Project Insurance, Annual Engineering, Marine Cargo and Crime Insurance. For other proposals analyzing proposal forms/ Broker slip, Inspection Report and forwarding proposals to Competent Authority for approval.
• Monitoring of Claim ratios Product wise/ Client wise
• Support to marketing team and intermediaries for
Job Responsibilities:
•Analysis of the portfolio of the client and submit quotes within time limits specified.
•Assisted Regional Manager at Regional office in processing of Property Proposals upto INR 2000 Million PML, for projects upto INR 1500 Million PML and at Zonal Office Property Proposals upto INR 3600 Million PML, for projects upto INR 2700 Million PML.
•Monitoring of Claim ratios -Product wise. Analysis on monthly basis.
•Support to marketing team and intermediaries and Training of sales teams.
•Issuance of correct documents and checking of draft policies.
•Constantly network with the Regional sales team, Regional Operations team & Regional claims team in case of troubleshooting.
•Performance rated as - Exceeding Expectation.
Training
•Foundation Training on Insurance and Insurance Products at National Law University, Jodhpur, India
Advanced Diploma in Insurance – General Insurance (ACII)
•Passed Licentiate Examination •Exemption for Associate Examination •Passed 86- Risk Management and 88- Marketing & Public Relations Papers of Fellow Examination
CBSE - 10+2
Affiliated by Chartered Insurance Institute, London (IRDA Notification Dated 9th Feb 2010 -IPGDI Qualification at Par to Fellowship from Insurance Institute of India for the Insurance Sector) •Lloyd Gold Medal Winner for 2006-07 with Prize amount £1000. •Submitted Paper on – “Effect of Detariffing on Indian Market” to Lloyd, UK •Tata-AIG Gold Medal Winner for 2006-07 with Prize amount INR 100000. •Topped in Motor Insurance (93%) and Insurance Broking (88%) •Topped in Risk and Insurance (81%) in General Insurance •Analyzed and presented a paper on Challenges before The National Insurance Company due to growing competition and detariffing environment •Studied and presented a note on overview of Bancassurance at Yes Bank
•Distinction in Statistical Inference •Extensive experience in SPSS for multiple projects
•Distinction in Applied Statistics. •Distinction in Probability Theory and Stochastic Process •Second rank in Ist year (77%), third rank in IInd (74%) and IIIrd year (70%) •Problem analysis and statistical analysis using SPSS and Microsoft Excel •Organized “Lee Probabum”, Statistical festival for three years
High School (10th)