Aditya Birla Capital - Lead - Underwriting Risk & Quality Assessment - CA

Job Purpose: The role is responsible to assess potential impact due to Underwriting & Claims leakage and plug the same with clear plan of action. The position also reviews underwriting processes from a long term perspective to build robust systems & mitigate risk. (CAs only)

Accountabilities:

Assess the adherence of UW guidelines to reduce loss due to Underwriting & Claims leakages:

1. Plan specific and concentrated audits on an ongoing regular basis

2. Establish & communicate clear standards within underwriting & claims verticals to ensure consistency of expected quality standards across all teams

3. Analyse the findings of the Audit and initiate actions necessary for improving the processes, procedures

4. Monitor the accuracy score of the team to ensure prudent risk selection

Loop back claims triggers in selection of risk and create more robust underwriting guidelines

1. Conduct detailed analysis of the claims triggers w.r.t the regions/ underwriting practices

2. Provide inputs / suggestions basis the analysis conducted to the Underwriting vertical to modify the underwriting guidelines PAN India basis claims learning

3. Closely monitor the experience of claims post implementation of the changes and re-tweak processes in case desired output in not achieved.