Summary
Overview
Work History
Education
Skills
Certification
EXTRA CURRICULAR ACTIVITIES
POSITION OF RESPONSIBILITY (CLUBS / CONDUIT / COMMITTEE)
Accomplishments
Travelling
Timeline
Generic

Jayasurya Gottapu

Deputy Manager - Commercial Underwriting
Mumbai

Summary

Accomplished Commercial Underwriter with 1.5 years of progressive experience at Magma General Insurance. Known for excellence in property underwriting, meticulous risk assessment, and profitable portfolio management. Possessing a PGDM in Insurance Business Management from BIMTECH and a Civil Engineering degree from BITS Pilani, bringing a unique combination of technical acumen and deep market insight. Highly effective communicator and collaborative team player, engaging with diverse stakeholders, negotiating optimal terms, and aligning underwriting strategies with organizational goals while upholding ethical standards and pursuing operational excellence within dynamic, high-growth insurance sectors.

Overview

7
7
years of professional experience
2037
2037
years of post-secondary education
3
3
Certifications
3
3
Languages

Work History

Deputy Manager - Commercial Underwriting

Magma General Insurance Company Limited
04.2024 - Current
  • Handled the Mumbai Zone specifically for property underwriting, tender business, and large risk.
  • Handled over 600 requests for quotation (RFQs) in the past year, maintaining high accuracy and efficiency in processing.
  • Achieved timely completion on submissions, with 90% of RFQs submitted within the defined turnaround time (TAT).
  • Maintained and regularly updated the RFQ Tracker and MIS Reports, improving visibility and follow-up on all commercial submissions.
  • Conducted detailed risk assessments to support sound underwriting decisions, minimizing potential losses, and ensuring compliance with company guidelines.
  • Developed an Excel-based tool to manage daily RFQ tracking activities, incorporating features like data validation, dropdown lists, and automatic error highlighting to minimize data entry errors, and enhance workflow efficiency.

Intern - Commercial Underwriter

Magma HDI
04.2023 - 06.2023
  • Worked on a project named 'Optimizing Underwriting Efficiency: Developing an Automated Tool for Simplifying Property Insurance Policies.'
  • Developed an Excel-based tool to automate premium calculations and generate insurance quotes, reducing time, and improving overall underwriting efficiency.
  • Simplified, complex add-on cover wordings for property insurance policies, creating segmented explanations that facilitated better understanding.
  • Demonstrated strong analytical skills to ensure accurate premium calculations and appropriate coverage.

Intern

DCPL Mumbai
06.2019 - 12.2019
  • Worked on national projects in DCPL Mumbai, like Kudankulam Nuclear Power Plant, MAHAGENCO, and Uran Plant by ONGC.
  • Maintained project analysis records and calculations of various civil engineering projects carried out by the firm to determine project viability.
  • Routinely represented management during pivotal decision-making processes, such as design and construction coordination.
  • As Part of Graduation

Intern

IIT Roorkee
05.2018 - 07.2018
  • Worked with Irrigation Department on design and construction of Haridwar Suspension Bridge known as Lakshman Jhula Bridge
  • Drafting weekly soil reports tracking soil volumes, quantity and quality of material used on field
  • Assisting senior officials to develop construction schematics
  • As Part of Graduation

Education

MBA - Insurance Business Management (IBM)

Birla Institute of Management Technology (BIMTECH)
04.2022 - 01.2024

Bachelor of Engineering - Civil Engineering

BITS PILANI
Hyderabad, India
04.2001 - 01.2020

12th -

Sri Chaitanya Junior College
Visakhapatnam, India
01.2014 - 01.2016

10th -

Sri Chaitanya School
Visakhapatnam, India
01-2014

Skills

  • Underwriting guidelines

  • Risk Assessment

  • Policy analysis and Quote Preparation

  • Insurance regulation

  • Pricing strategy

  • Commercial underwriting

  • Reinsurance Treaty Guidelines

  • MS Office

Certification

Certificate of International Risk Management- RMAI &AICP London

EXTRA CURRICULAR ACTIVITIES

College Events: Volunteered in Bimtech Literature Festival and acted as POC for an event Sports: Represented BITS HYD in Badminton for Inter College Competition Case Competitions: Finalist in the National Strategy Wise Case Competition by IIT BHU (Varanasi)

POSITION OF RESPONSIBILITY (CLUBS / CONDUIT / COMMITTEE)

  • Placement Co-Ordinator: Selected as 1 of 8 leads from over 300 colleagues, responsible for the placement of more than 500 students graduating in 2019
  • Working closely with HRs of MNCs, corporates, and startups to make the placement process feasible and handling the complete placement process

Accomplishments

  • Worked on more than 800 RFQ floated in West Zone including Large Risks.
  • Promoted Directly to Deputy manager from executive trainee in 1 year.

Travelling

I am passionate about exploring new places, cultures, and cuisines, which enriches my perspective and adaptability—qualities I bring to my professional life as well. Traveling allows me to cultivate curiosity, flexibility, and an open-minded approach toward people from all walks of life.


Timeline

Deputy Manager - Commercial Underwriting

Magma General Insurance Company Limited
04.2024 - Current
Basis of Insurance & Managing Holistic Risk Management - AICPCU
02-2024
Six Sigma Green Belt by Grant Thornton
01-2024
Certificate of International Risk Management- RMAI &AICP London
12-2023

Intern - Commercial Underwriter

Magma HDI
04.2023 - 06.2023

MBA - Insurance Business Management (IBM)

Birla Institute of Management Technology (BIMTECH)
04.2022 - 01.2024

Intern

DCPL Mumbai
06.2019 - 12.2019

Intern

IIT Roorkee
05.2018 - 07.2018

12th -

Sri Chaitanya Junior College
01.2014 - 01.2016

Bachelor of Engineering - Civil Engineering

BITS PILANI
04.2001 - 01.2020

10th -

Sri Chaitanya School
Jayasurya GottapuDeputy Manager - Commercial Underwriting