DY.MANAGER /MANAGER COMMERCIAL UNDERWRITING

Chola MS General Insurance Company Limited
Experience : 3 Years
Education : Any Graduate
Location : Chennai
Job Role : HR
Posted on 11 Jul 19
Job DescriptionLast Date 09 Sep 19
DY.MANAGER /MANAGER – COMMERCIAL UNDERWRITING

Experience - 3-10 Years

Grade - MG -2/3

SBU/Function - SME & Commercial / Underwriting 

Qualification - Graduate

Location - CHENNAI HO

Department - Chola MS Health

Role Summery :

Internal Contacts & Purpose of Interaction : 

  • Regional Managers / RO Underwriters / Channel Managers for quotation and Ho Underwriters for quote approval and HO Operations for policy related areas
  • HO Accounts Dy Manager / Sr Manager for co-insurance payments & debit note / credit note
  • HO IT for system related issues
  • HO HR for training purposes
  • External Contacts & Purpose of Interaction
  • Brokers/Agents/Bank and other Channel Partners
  • Clients  for Business Generation

Responsibilities & Key Performance Indicators :

Underwriting & Quotations : 

  • Prepare quotes and ensure adherence to underwriting guidelines and ensuring pre acceptance risk inspections - Turn around time for quotations
  • Co ordianation with HO Underwriters for quoate approval
  • Preparation of closing slips and co ordination with Operations for issue of policy/endts
  • Close co oridnation with claims and regular meeting with claims and tracking claim ratios on Motor and non motor policies
  • Training the underwriting team /training of agents DSTs/chanlel managers on product  and underwriting
  • Coordinate with  accounts department wrt policy receipt registers and other related matters – Accuracy and turn around time for documentation

Compensation: Industry Standards
Job Type : Full Time
Interview Type : Face to Face Interview
Company Description
Chola MS General Insurance Company Limited is a Joint Venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan. Chola MS offers a wide range of insurance products that include Motor, Health, Property, Accident, Engineering, Liability, Marine, Travel and Crop insurance for individuals and corporates. In 2018, the company achieved a Gross Written Premium (GWP) of INR 41,026 million. Chola MS currently has 87 branches and over 34,000 agents across the country.