Responsible for all Underwriting deliverables by directing and managing the Underwriting function for the assigned business specific to the zones which would include self validation limit for underwriting.  The role also includes managing the assigned specialized business handling of any one or more of the following activities : Underwriting Group Indemnity and Fixed benefit products, Portfolio Analysis, Address complaints/queries from Customers, Intermediaries, Sales, other departments within the Company, Audit Training/BCP/Risk, UW-Guidelines, Review, MIS/Compliance   Key Result Areas :   IT Systems Development :   System development, UAT Group Indemnity & Fixed benefit products  Quick and accurate underwriting decision maintaining high quality service, standards, meeting business targets :   1. Underwrite transactions authority limits within defined TATs  2. Recommend decisions for transactions beyond authority limits   3. Appropriate & timely resolution of escalations   4. Review team UW decisions: Quality & TAT  Recommend empowerment for Underwriters :   1. Audit   2. Training  Review the underwriting guidelines v/s competition :   1. Analyse business trends, recommend changes if any.  2. Perform cost benefit analysis.  Improve the Underwriting Processes & TAT :   1. Identify the process lapses  2. Coordinate with IT/Support functions for rectification  3. Review Underwriting guidelines periodically  4. Stay abreast with newer UW processes/suggest improvements in UW  Facilitate training: Self, Underwriters & field force with respect to field level UW  1. Branch visits, update sales team wrt latest changes in the UW requirements  2. Acquire required technical qualification and training.  3. Update and provide guidance to the New Joinees about the Internal as well as external processes  Budgeting to achieve department goals & business targets :   1. Assess man power requirement as per business needs  2. Identify the various aspects impacted by the budget, recommend the budget requirements  Manage the assigned specialized business handling of any one or more of the supporting actions in order to provide quality support for New Business/Retention  1. Underwriting Group Indemnity and Group Fixed benefit products, Portfolio Analysis, Address complaints/queries from Customers, Intermediaries, Sales, other departments within the Company, Audit Training/BCP/Risk, UW Guidelines, Review, MIS/Compliance

Mumbai

Assistant Manager/Deputy Manager - Medical Insurance Underwriting 

Job Description for Assistant Manager/Deputy Manager - Medical Insurance Underwriting  in ExoTalent Consultancy Services in  Mumbai for (2-7) years of experience. Apply Now!