Nilakantha Mandal

Detail-oriented insurance underwriter with over six years of experience specializing in motor and agricultural insurance. Skilled in risk assessment, policy analysis, and underwriting for individual and commercial clients. Strong background in managing underwriting portfolios, ensuring compliance with industry standards, and providing tailored solutions to meet customer needs.

Holds an MBA in Marketing and Finance (2021) and a B.Com (2016), with a focus on driving business growth through informed decision-making and strategic risk management.

Manager - Motor Underwriter - Quess Corp Ltd. (Square Insurance Brokers Pvt. Ltd.)

(2023-11)

• Assess risk for individual and commercial motor insurance policies, evaluating factors such as vehicle type, driver history, and usage patterns.
• Analyze policy applications to determine coverage, set premium levels, and recommend policy terms.
• Collaborate with agents, brokers, and claims departments to ensure comprehensive underwriting decisions and timely issue of policies.
• Price policies using statistical data and underwriting software, balancing risk with profitability.
• Ensure compliance with legal and regulatory standards for motor insurance policies.
• Support claims evaluation by providing insights into underwriting decisions and verifying policy coverage.
• Maintain and manage a portfolio of motor insurance policies, monitoring for performance and adjusting coverage terms where necessary.

Manager - Motor Underwriter - Shriram General Insurance Co. Ltd.

(2021-08 - 2023-11)

• Set Premiums: Calculate appropriate premiums by balancing risk factors with the company's pricing models and profitability targets.
• Customize Insurance Products: Tailor motor insurance products to meet the specific needs of high-value clients or unique situations.
• Review Existing Policies: Regularly assess and revise existing policies as necessary, especially after claims or changes in risk.
• Collaborate with Claims Teams: Assist claims adjusters in reviewing complex claims and providing underwriting guidance.
• Monitor Market Trends: Stay up-to-date with changes in the motor insurance market, including regulatory changes, technological advances, and shifts in consumer behaviour.
• Continuous Risk Monitoring: Continuously review and adjust underwriting guidelines based on claims experience and emerging trends.

Manager - Agri Insurance Underwriter - Tata Aig General Insurance

(2016-05 - 2019-06)

• Conduct detailed risk assessments of agricultural operations, including crop and livestock risks, to determine appropriate coverage and premiums.
• Evaluate policy applications, ensuring compliance with underwriting guidelines and regulatory requirements.
• Calculate premiums based on risk factors like weather patterns, farm reports, and historical data.
• Collaborate with field agents and brokers to provide risk analysis and policy recommendations.
• Support the claims department by verifying and assessing agricultural claims to ensure accurate payouts.
• Manage a portfolio of agricultural policies, regularly reviewing for profitability and risk mitigation.
• Stay informed on agricultural trends, regulatory changes, and advancements in farming to improve underwriting practices.

MBA - Finance & Marketing - Mittal School Of Business (2021)

B.Com. - Finance - M.P.C. Autonomous College (2016)

I.Com. - S.R. Mahavidyalaya, Baliapal (2013)

Matric - Iswar Chandra High School (2011)