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Tata AIG , Head , Commercial Lines

  • 12-20 yrs
  • Not Disclosed

Job Description

, The incumbent is responsible to develop strategy for portfolio development of the LOB and ensure that it generates the required profit and the ROE., The role incumbent is responsible for strategizing on products, markets, distribution, delivery, overall Portfolio management and loss control, The role incumbent is responsible for ensuring Implementation of the above strategies with interventions for course,corrections & continuous improvement where required, Incumbent has onus for laying down the underwriting guidelines & authorities and providing technical support and solutions to the branch offices. To work with the underwriters in aligning the product tower's underwriting philosophy in line with that of the organization. , Role incumbent is also responsible for appropriate delegation of underwriting authorities among the team members & ensure diligent use of such authority by them, Role incumbent is responsible for focusing on growth in both top,line and bottom,line through a mix of Risk selection, prudent underwriting practices and cost,effective reinsurance protection in line with the Company's philosophy and general cost control., Incumbent is liable for ensuring that the product tower is fully compliant with the laws of the land and the guidelines spelt out by the JV partner., Role incumbent has responsibility of managing a pan,India team of underwriters, charting career paths for them and also succession planning at different levels, Incumbent is accountable for ensuring system & structures to sustain & facilitate performance within the LOB , Audit and Regulatory compliance