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Underwriter (FlexiJob)

2.00 to 7.00 Years   Mumbai City   27 Apr, 2021
HDFC Standard Life Insurance Company
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaSales / BD,Finance / Accounts / Tax
EmploymentTypeFull-time

Job Description

Roles and Responsibilities

  • To execute underwriting processes for quality evaluation of policies, maintain the defined TAT.
  • To release the cases with the Authority Limits of the User.
  • Manage the Risk assessment cohesively in Underwriting process.
  • Examine documents to determine degree of risk from such factors as applicant financial standing / value and medical health and changes in risk climate
  • Decline and defer unwarranted risks
  • Reduction of un-wanted FRs leading to a better TAT.
  • Identify and refer cases for field investigation
  • Evaluate possibility of losses due to catastrophe or excessive insurance
  • Ensure Quality of UW Decisions thereby maintaing customer satisfaction. Avoid more than 2 rounds of FRs.
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks
  • Maintain Turn around time and quality for all underwriting cases.
  • Improvement in Claims by Prudent selection of Risks.
  • Higher level of Interaction to Ensure ESAT Scores
Candidate Requirement
  • Efficient in handling MS Office, (Excel, Powerpoint and Word), Life Asia and Wonders
  • Good Analytical and Data Management skills
  • Should posses good communication skills and interpersonal skills
  • Minimum 2 years of experience in operations from the Insurance Industry
  • Graduation in any stream. LIII / Diploma in Life Underwriting would be added advantage
  • Situation Handling, Decision making
Required Candidate profileLooking for Job Flexibility For flexibility of Location, you may mention #Myjobmyterms#Location on your resumeFor flexibility of Time, you may mention #Myjobmyterms#Time on your resumeFor flexibility of both Time and Location, you may mention #Myjobmyterms#Location Time on your resumeNote:We are diverse and inclusive! We are flexible and accommodating! We do not want to turn down a good applicant because of constraints of time and location. So choose the flexibility you wish to and we promise to assess your candidature without any bias and will short-list it purely based on its suitability for the job.Type FlexiJob in the search bar of the Find your fit section of our Career Page to check all jobs offering flexibility,

Keyskills :
ms officedata managementrisk assessmentcommunication skillsbarfitriskturnclaimssearchrecordsinsurancemanagementoperationspowerpointanalyticalassessmentevaluationmedical

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