Area Underwriting Manager- Commercial

Role & Responsibilities

Underwriting Strategy

• Liaison with regional Underwriter to devise circle-level underwriting strategy to maintain defined loss ratio targets for allocated commercial lines LOB.
• Interact with other stakeholders at circle level, specifically the sales team, to understand the objectives set by them at the area level.
• Analyze past trends and market dynamics to provide strategic inputs regarding product mix, industry, and geography, offering necessary insights to the regional underwriting manager.
• Ensure achievement of targeted loss ratio and planned business outcomes; take timely corrective and pricing measures to create, enhance, and maintain sustainable profitability objectives.
• Conduct portfolio analysis on a quarterly basis to update all stakeholders about outcomes and corrective actions. Regularly monitor Branch / Channel level GWP, profitability, and LOB mix, taking corrective steps if needed.

Business Review

Stakeholder Management

Preferred Knowledge

Skills Required

Portfolio Analysis, Risk Assessment, pricing strategy , business review