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ClosedPosted 526 days ago

Property Underwriter - Senior Manager

Scrabble

Where
Mumbai, Maharashtra

This posting closed on 2026-10-23.

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Share of postings closed within
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  5. 35.6%30 days
  6. 52.7%60 days
This job: posted 526 days ago

The posting

Job Overview:

We are looking for an experienced Property Underwriter Specialist to join our team. In this role, you

will be responsible for securing and managing property insurance placements with a focus on meeting

client needs, negotiating competitive terms, and coordinating with insurers to deliver optimal property

insurance solutions. The ideal candidate will have strong industry knowledge, relationships and

excellent negotiation skills to achieve favorable outcomes for clients.

Key Responsibilities:

● Ensure smooth servicing of property and liability policies by promptly addressing client needs

and maintaining client satisfaction.

● Float RFQs for property insurance and negotiate premiums and terms with insurers to align

with client expectations and business requirements.

● Track RFQs and perform quality checks on policy documents to ensure accuracy and

minimize errors in documentation.

● Conduct thorough property risk assessments and prepare detailed due diligence reports to

inform underwriting decisions and enhance risk management.

● Negotiate premium quotes and terms with insurers, particularly for large and medium-sized

property proposals, to secure the best possible coverage for clients.

● Submit Quote Comparison Reports (QCR) within the Turnaround Time (TAT), ensuring all

data entered in the system is accurate and up-to-date.

● Create service presentations for clients and generate monthly MIS reports on pending

property and liability claims to ensure transparent communication.

● Maintain strong relationships with key contacts at insurance companies to support

underwriting needs and ensure effective service delivery.

● Process property endorsement requests, including additions, deletions, and modifications,

while coordinating with insurers to implement changes smoothly.

● Respond to client queries regarding property-related matters within 24 hours to ensure fast

and efficient resolution.

Qualifications

● Education: Bachelor’s degree in Finance, Business, Insurance, or a related field.

● Experience: Minimum of 3 years of experience in property insurance placement or a related

field.

● Skills:

○ Strong understanding of property insurance products, policy structures, and risk

assessment.

○ Proven negotiation skills with experience liaising with insurers, brokers, and

clients.

○ Excellent analytical skills and attention to detail in evaluating policy wordings and

terms.

○ Effective communication and interpersonal skills to build strong relationships and

explain technical information clearly.

○ Proficiency in using insurance placement and CRM software.

○ Has managed flows of 8-10 RFQ per day

Key Details:

● Location: Mumbai

● Compensation: Competitive market pay along with a variable performance-based

component

● Date of Joining: ASAP

Posting text belongs to the employer. Removal requests: contact us.

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