Job Title:
National Manager – Marine Underwriting
Company: Magma General Insurance Limited
Location: Mumbai, Maharashtra
Created: 2026-04-26
Job Type: Full Time
Job Description:
Role & Responsibilities Underwriting Portfolio Management – Managing Marine portfolio of the Company with the objective of achieving premium, loss ratios, costs etc. as per the operating plan. Developing and maintaining Underwriting guidelines/SOPs/ Standard documentation etc. with respect to Marine underwriting as per the Underwriting Policy of the Company. Responsible for Audit, Regulatory and Compliance related aspects of Marine line of business.Products & Systems – Product development / filing etc. with respect to Marine line of business. System/IT related developments / Product automation related to Marine line of business. Engaging with various other internal departments such as Operations/ Reinsurance/ IT/ Sales/ Marketing/Legal & Compliance/Audit/F&A/Claims etc. with respect to work pertaining to underwriting.Marine underwriting – Effectively managing Risk selection/Quotations/Policy Servicing/Reinsurance aspects under Marine line of business. Responsible for maintaining service parameters related to Marine underwriting such as underwriting TATs, RFQs - conversions, renewal retention etc. Engaging with sales and distribution teams/clients etc. with respect to underwriting services/business development. Providing training and support to various internal and external customers related to Products, underwriting, risk etc. Effectively managing corporate and zonal underwriting teams