Summary
Overview
Work History
Education
Skills
Languages
Timeline
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Kartik Gupta

Kartik Gupta

Property And Energy Underwriter- Facultative
Mumbai

Summary

Objective -


Results-driven Property, Energy, and Engineering Facultative Underwriter with over 10 years of experience managing profitable industrial portfolios, specializing in Power, Mining, Energy, and Construction sectors. Known for embracing challenges and consistently meeting delivery timelines, seeking to leverage my expertise in a dynamic role where I can contribute to growth and success.


Profile summary -


1. Experienced Underwriter: Over 10 years of expertise in Property, Energy, and Construction underwriting, with a successful track record in managing a profitable facultative portfolio for large industrial businesses, including power generation, mining, and heavy industries.

2. High-Value Risk Management: Holds authority to sign off on risks up to USD 150 million, demonstrating deep expertise in pricing and placing complex property & energy accounts, as well as conducting comprehensive risk assessments, including NATCAT modeling.

3. Global Exposure: Extensive experience working in both the Indian and international markets, including a tenure at GIC Re Syndicate 1947, Lloyd's of London, where successfully managed a GBP 10 million industrial book.

4. Business Development Acumen: Proven ability to develop and grow business through strategic marketing and strong broker relations.

5. Educational Background: Holds a Master of Business Administration in Insurance and Risk Management, supplemented by a Bachelor of Engineering in Mechanical Engineering, providing a solid foundation in both technical and business aspects of underwriting.

Overview

10
10
years of professional experience
6
6
years of post-secondary education

Work History

Underwriter- Property, Energy and Construction

General Insurance Corporation Of India
11.2023 - Current
  • Underwriter with authority to sign off on up to USD 150 million per risk on a PML basis, specializing in the management and growth of a profitable facultative portfolio for large property and energy accounts.
  • Hands-on experience in pricing and placing complex construction projects as part of current responsibilities.Actively managing and developing the Construction portfolio by offering lead EAR, CAR and ALOP quotes for large infrastructure projects.
  • Several years of underwriting experience managing core occupancies, including midstream and downstream energy assets, power generation (hydro, gas, and coal-based), and mining
  • Key areas of my current role include business development, managing broker relations, setting and monitoring targets and goals, and preparing and analyzing management information systems


Property Direct and Facultative Underwriter

GIC Re Syndicate 1947, Lloyds
09.2020 - 11.2023
  • Responsible for underwriting and developing the Industrial book (new and renewals) within the D&F team. Successfully underwrote and managed a book size of GBP 10 million at the Syndicate level, with a per-risk sign-off capacity of GBP 15 million.
  • Focused on power, mining, heavy industries, and downstream energy. Reviewed risk engineering reports, MFL analysis, structures, and premium calculations. Conducted NATCAT analysis, including modeling.
  • Provided comprehensive service to business producers and traveled to designated regions to market the GIC Re Syndicate.Managed a wide network and strong relationships with brokers and producers within the London market.



Engineering Underwriter

General Insurance Corporation Of India
04.2014 - 08.2020
  • Responsible for the management of Construction portfolio - CAR/EAR risks on a Facultative basis.
  • Developed and managed Engineering treaties of Domestic cedents and Israel market.
  • Conducted risk engineering and large industrial plant surveys for underwriting review.
  • Hands-on experience processing package products providing a full range of services to clients.
  • Conducted marketing visits and portfolio analysis.

Education

Master Of Business Administration - Insurance And Risk Management

National Insurance Academy
Pune
04.2012 - 04.2014

Bachelor Of Engineering - Mechanical Engineering

Rajiv Gandhi Technical University
Bhopal
04.2008 - 04.2012

Skills

    Property,Energy and Construction Underwriting

    Business Development & Marketing

    Risk Engineering

    Data Analytics

    Portfolio Management

Languages

English
Hindi

Timeline

Underwriter- Property, Energy and Construction

General Insurance Corporation Of India
11.2023 - Current

Property Direct and Facultative Underwriter

GIC Re Syndicate 1947, Lloyds
09.2020 - 11.2023

Engineering Underwriter

General Insurance Corporation Of India
04.2014 - 08.2020

Master Of Business Administration - Insurance And Risk Management

National Insurance Academy
04.2012 - 04.2014

Bachelor Of Engineering - Mechanical Engineering

Rajiv Gandhi Technical University
04.2008 - 04.2012
Kartik GuptaProperty And Energy Underwriter- Facultative