National Manager – Marine Underwriting

Magma General Insurance Limited

Underwriting Portfolio Management –.Managing Marine portfolio of the Company with the objective of achieving premium, loss ratios, costs etc.Developing and maintaining Underwriting guidelines/SOPs/ Standard documentation etc.Marine underwriting...

Last checked on May 18, 2026. We may earn a commission when you click through.

If you're experienced in underwriting and ready to lead, this role offers a solid platform for career growth.

✓ Influential position within the company. ✓ Opportunity to shape underwriting processes. ✓ Work with a well-established insurance provider.

National Manager – Marine Underwriting

Magma General Insurance Limited

Updated 6 days ago

Apply now →

You'll be redirected to in.talent.com

Pune

If you're experienced in underwriting and ready to lead, this role offers a solid platform for career growth.

About this role

The National Manager – Marine Underwriting position is a strategic role suited for experienced professionals, offering opportunities for leadership and influence in a niche market.

About the Company

Magma General Insurance Limited is a prominent player in the Indian insurance market, offering a range of insurance solutions.

Key Highlights

✓ Manage marine underwriting portfolio to achieve financial targets.
✓ Develop and maintain underwriting guidelines and documentation.
✓ Ensure compliance with company underwriting policies.
✓ Collaborate with teams to enhance underwriting processes.

💡 Honest Take: This position is crucial for those looking to make an impact in marine insurance, but it comes with high responsibilities and expectations.

Pros

✓ Influential position within the company.
✓ Opportunity to shape underwriting processes.
✓ Work with a well-established insurance provider.
✓ Potential for professional development in marine insurance.

Cons

✗ High pressure to meet premium and loss ratio targets.
✗ Limited remote work options.
✗ Requires significant industry experience.
✗ Workload may be demanding at times.

Best For: Ideal for individuals with a strong background in marine insurance and a desire to lead teams.

Watch Out: Be prepared for a demanding workload and high expectations in performance metrics.

Apply for this position →

You'll be redirected to in.talent.com

Expert Review

Leading the marine underwriting portfolio at Magma General Insurance requires a strong grasp of risk management and financial targets. With the marine sector being notoriously volatile, the responsibilities include not just managing the portfolio but also developing effective underwriting guidelines. If you're not ready for the pressure of balancing premium income against loss ratios, this role might not be for you.

The company emphasizes a collaborative approach, working closely with various teams to refine underwriting processes. This is a chance to leave your mark on a significant aspect of insurance operations. However, the expectations are high, and your success will be closely monitored. The role demands extensive experience in marine underwriting, which can be a barrier for many.

Working in Pune, you'll be part of a vibrant insurance community. The strategic location could offer networking opportunities, but the role itself is office-based, limiting remote flexibility. If you're considering this position, be ready to dive deep into marine risk assessments and compliance with the company's policies. For more details, check Magma General Insurance Limited's official page.