AGM - Underwriting - Life Insurance

Preferred candidates with Medical / Paramedical/ Pharmacy Education

Key Responsibilities:

- Analyzing the medical and financial information provided by insurance applicants

- Determining the risk associated with insuring a person

- Deciding whether or not to offer insurance to applicants.

- Calculating premiums and appropriate amounts of coverage.

- Training the other stake holders on Underwriting guidelines within the organization

- Researching additional information, such as medical histories or credit scores.

- Analyzing and determining the relevancy of risk factors.

- Managing the administrative and operational responsibilities

- Vendor management

- Evaluating the recommendations and observations made by the sales force

- Making the department MIS

- Researching additional information, such as medical histories or credit scores.

- Process review and analysis

- Analyzing and determining the relevancy of risk factors.

- Coordinating with the actuarial, product and claims team as and when required

- Team management and to ensure all team members are aligned to the department and organizational goals

Measures of Performance:

- Quality Scores/Errors

- Underwriting TAT as per KPI

- Feedback from stakeholders

- Initiatives and Training completion

Required qualifications and experience :

- Qualification: Graduation. (Preferred candidates with Medical / Paramedical/Pharmacy Education]

- Underwriting experience of 12-15 yrs in life insurance or work experience in industries like Health Insurance

- Understanding of Risk Management through understanding of Medical/ Financial/ Residential / Occupational / Avocational risks

- Financial Documentation Analysis (Salary slips, ITRs, etc.)

- Good language Command and skills in MS Office

Knowledge and skills desired :

- Strong analytical skills.

- Detail-oriented work style.

- Effective written and verbal communication skills.

- Interpersonal skills

- High on achievements and should have good academic record

- Should have good public speaking skills, with an ability to communicate the requirements to the team members and all stakeholders.

- Strong Analytical Skills

- High on achievements and should have strong domain skills in administering this role in accordance with the Organization expectation.