Balaji Dinakara Teja
About Balaji Dinakara Teja
Balaji Dinakara Teja is an experienced underwriting professional currently working at AXA XL in Mumbai, India. He has a strong background in insurance, having held various positions in notable companies and completed relevant studies in insurance and management.
Current Role at AXA XL
Balaji Dinakara Teja has been working at AXA XL, a division of AXA, since 2017. In his role as an Underwriter, he engages with cedants to ensure alignment with their expectations. He analyzes local regulations to assess their impact on Liability and Motor business in India. Additionally, he coordinates with actuaries to ensure treaty pricing aligns with market realities. His responsibilities include developing strategies to balance accounts with major exposure by spreading risks across smaller accounts.
Previous Experience in Insurance
Before joining AXA XL, Balaji Dinakara Teja held several positions in the insurance industry. He worked at Tata AIG General Insurance Company Limited as a Casualty Underwriter from 2014 to 2017. Prior to that, he was employed at Howden Insurance Brokers India Pvt. Ltd. in Property and Risk Management from 2013 to 2014. His career began at Reliance General Insurance, where he served as Assistant Manager Reinsurance from 2011 to 2013.
Educational Background
Balaji Dinakara Teja has a diverse educational background in insurance and engineering. He studied at Kendriya Vidyalaya from 1993 to 2003. He earned a Bachelor of Engineering (B.E.) in Mechanical from MVSREC, studying from 2005 to 2009. He then pursued a Post Graduate Diploma in Management (PGDM) in Insurance Business Management at the Birla Institute of Management Technology from 2009 to 2011. In 2014, he achieved Fellowship from the Insurance Institute of India after studying Insurance for 11 months.
Skills and Responsibilities
Balaji Dinakara Teja possesses a range of skills relevant to underwriting and risk management. He manages brokers to enhance market visibility and drive business development. His role involves studying policy wordings to understand the risk perspectives of various insurers. He evaluates and selects risks that align with the company's appetite in facultative submissions and underwrites facultative submissions for Liability, Art and Species, and Specialty Lines.