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Underwriter - Life Insurance

10.00 to 14.00 Years   Mumbai City   17 Mar, 2023
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryRecruitment Services
Functional AreaRisk / Underwriting
EmploymentTypeFull-time

Job Description

    Strengthening the Underwriting Management:- Risk assessment and placement of profitable lives on the company books.- Ensure due diligence in underwriting practices and risk evaluation to ensure mortality assumptions are on track.Build good relationship with Sales Channels:- Develop Channel specific UW guidelines to ensure healthy top line along with effective controls- Evaluate risks and support final decision on most unusual or risky cases.General Operations Management:- Drive highest levels of customer satisfaction through building hassle free underwriting processes.- Establish, document and communicate service standards to all concerned stake holders.Compliance with Regulatory guidelines : - Supervise and review procedures and ensure for compliance in line with IRDA, Internal guidelines, reinsurance and ISO requirements.- Identify gaps and implement measures for gap resolution program.People Management:- Coach and build in-house underwriting capability through a professional and engaged team.- Conduct performance reviewsRequirements:- Graduate / Post Graduate preferably in Insurance, Medicine, Pharmacy or Finance.- Sound technical knowledge of Life/Health Insurance underwriting.- At least 10 years of Life Underwriting experience; Experience in Risk management is a must.,

Keyskills :
risk managementrisk assessmentrisk evaluation

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