Senior Underwriter (Motor – Mass)🏄🏄

Shape scalable motor insurance for thousands of everyday drivers!
At Balcia, Motor insurance is more than policies and tariffs — it’s about building smart, accessible protection that fits seamlessly into people’s daily lives. As a Senior Underwriter (Motor – Mass), you’ll play a key role in ensuring our MTPL and KASKO products are technically sound, competitively priced, and consistently profitable across the mass segment.

As Senior Underwriter, you are a technical expert and trusted decision-maker within the Motor Mass segment. You contribute to product development, take responsibility for complex and non-standard risks, and actively support the technical performance of the portfolio — while working closely with Product, Actuarial, Claims, IT, and Sales teams.

· Underwrite Motor Mass risks (MTPL, KASKO) in line with Balcia’s underwriting guidelines and authority limits.

· Make confident decisions on complex, large, or non-standard risks, including pricing, terms, and special conditions.

· Support the development and improvement of Motor Mass products, contributing underwriting expertise to: product rules and methodologies; tariffs and rating logic; policy wordings and documentation.

· Monitor and analyze portfolio performance KPIs (loss ratio, combined ratio, frequency, severity, average premium).

· Identify trends and issues in the portfolio and initiate corrective actions together with Product and Actuarial teams.

· Conduct market and competitor analysis, keeping Balcia’s Motor Mass products competitive and relevant.

· Contribute to IT system development and testing, ensuring underwriting logic is correctly implemented and scalable.

· Prepare and support premium offers for tenders and larger mass-segment clients.

· Provide expert support, consultations, and training for colleagues and business partners.

· Contribute to claims handling methodologies from an underwriting and risk perspective.

· Support reinsurance-related requests, providing data and insights for facultative placements when needed.

· Participate in meetings and negotiations with partners and clients when required.

·You’re confident making underwriting decisions and standing behind them.

·You enjoy working with numbers, risks, and real portfolio impact.

·You think beyond single cases and understand portfolio-level consequences.

·You’re structured, detail-oriented, and take ownership of outcomes.

·You collaborate naturally and explain complex topics clearly.

·You stay calm under pressure and handle multiple priorities with ease.

·3 – 5 years' experience in insurance.

·Strong hands-on experience with Motor Mass products (MTPL and KASKO).

·Higher education in Economics, Finance, Business, or a related field.

·Solid understanding of: motor risk assessment and pricing; underwriting limits and authority frameworks; portfolio KPIs and technical results.

·Strong analytical and problem-solving skills.

·Excellent Lithuanian + solid English (both written and spoken)

·Confident MS Office skills; experience with underwriting or rating systems is a plus.

You’ll work from our modern Vilnius office, with hybrid and remote options depending on your location. Occasional travel across markets keeps the role dynamic and connected.

We believe in trust, ownership, and freedom. Our flat structure means less micromanagement and more room for impact, creativity, and meaningful decision-making. Your goals are aligned with company success, and performance is recognized and rewarded.

Balcia is redefining insurance — making it modern, energetic, and full of momentum. You’ll be part of ambitious projects, cross-market collaboration, and continuous innovation.

Flexible benefits including health insurance from day one or wellness compensation, recharge days, discounts on Balcia products, and more. And because we love surprises, our benefits evolve every year.