Bhavik Kalidhar
Marine Underwriter
Mumbai,MH
Summary
Marine underwriting professional managing Marine Cargo risk assessment, pricing, policy wording, claims review, and reinsurance guidance for commercial accounts. Strengthens book quality by reviewing marine cargo renewals to support pricing, risk assessment, and retention decisions, identifying adverse trends, and aligning cover terms with market intelligence and regulatory rules. Supports relationship building with brokers and clients while keeping placement decisions technically sound.
Overview
3
3
Certifications
10
10
years of professional experience
Work History
Chief Manager
TATA AIG General Insurance
09.2025 - Current
- Responsible for risk acceptance and selection across marine cargo business, including coverage, policy wordings, add-on covers, exclusions, inclusions, special warranties, pricing and deductibles.
- Review new business and renewal accounts in line with underwriting guidelines, reinsurance requirements and regulatory standards.
- Evaluate renewal accounts for pricing adequacy, updated risk information, account performance and retention considerations
- Review and amend policy terms to ensure alignment between client requirements, risk exposure and underwriting guidelines
- Monitor marine cargo portfolio performance and identify loss-making accounts, risk concentrations and areas requiring corrective action
- Review claims experience and loss patterns to identify underwriting concerns and incorporate learnings into renewal and new business decisions.
- Monitor emerging market trends and potential business threats, taking timely action to protect portfolio quality and maintain underwriting discipline.
- Recommend appropriate changes to coverage, pricing, deductibles and policy terms based on risk characteristics and portfolio performance.
- Work closely with brokers, reinsurers, claims and business teams to resolve underwriting queries and agree appropriate terms.
- Maintain pricing discipline and regulatory compliance while handling policy structures, exceptions and underwriting referrals
- Manage major accounts within the marine portfolio, with focus on retention, profitability and opportunities for improving account performance.
- Track client and broker feedback and use it to support account retention and improve service delivery.
- Prepare underwriting reports, portfolio updates and presentations for internal review and business discussions.
- Maintain underwriting procedures, references and policy documentation to support consistent application of guidelines.
- Manage multiple underwriting cases and renewal deadlines while ensuring timely follow-up and closure of pending issues.
Chief Manager
ICICI Lombard General Insurance Co
10.2023 - 09.2025
Manager
Magma Hdi Gic Ltd Bangalore
11.2020 - 10.2023
Claims Manager
SBI General Insurance Company
01.2019 - 11.2020
Claims Manager
TATA AIG
06.2016 - 01.2019
Education
Master of Business Administration - Finance & Marketing
Jaipuria Institute of Management
Noida06-2016
Bachelor of Commerce - Commerce
Kurukshetra University
Kurukshetra06-2011
Skills
Risk assessment, analysis and mitigation
Underwriting strategy development
Underwriting guidelines and procedures
Pricing and regulatory compliance
Portfolio management
Relationship management with brokers, customers and reinsurers
Stakeholder management
Claims review
Reporting and presentation skills
Marine cargo underwriting
Renewal underwriting
Loss ratio analysis
Broker relationship management
Certification
Diploma in Fire – Insurance Institute of India
Timeline
Chief Manager
TATA AIG General Insurance
09.2025 - Current
Chief Manager
ICICI Lombard General Insurance Co
10.2023 - 09.2025
Manager
Magma Hdi Gic Ltd Bangalore
11.2020 - 10.2023
Claims Manager
SBI General Insurance Company
01.2019 - 11.2020
Claims Manager
TATA AIG
06.2016 - 01.2019
Master of Business Administration - Finance & Marketing
Jaipuria Institute of Management
Bachelor of Commerce - Commerce
Kurukshetra University