Consultant at Michael Page
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AVP - Medical Underwriting - Insurance (10-15 yrs)
New Business
- Ensuring the New Business Processing happens within pre-defined TAT's and with Accuracy. Process Re-engineering
- Provide inputs for designing of new process and re-designing of existing process.
- Conducting UAT's for New Product Launches and Enhancements
- Reporting / Audit
- Monitoring of all TAT's / Audit - Internal and ISO.
- Handling of various MIS / IRDA reporting.
- Underwriting
- Ensuring the Underwriting of policies happens within pre-defined TAT's and with Accuracy.
- Responsible for underwriting and pricing accounts in accordance of underwriting standards.
- Ensuring processing of applications for policy issuance with internal Underwriting authority limit and approved board guidelines
- Discussion with departments like compliance, HR, operations, marketing, IT for various activities pertaining to underwriting.
- Relationship Management
- The Underwriter is responsible for several producers and/or accounts and is the primary point of contact for that producer and his or her agency personnel.
- The Underwriter is responsible for monitoring production, hit ratios, spread of risk, and other production and quality measures.
- Relationship management with Reinsurer wrt treaty and facultative business
- Process Re-engineering
- Provide inputs for designing of new process and re-designing of existing process.
- Conducting UAT's for New Product Launches and Enhancements.
- Ensure CFR and medical support function to run smoothly and giving support to the field personnel
Vendor Management
- Liasoning with Vendors for smooth processing & implementing new processes / Changes.
- Timely settlement of Bills. Time & Resource Management
Qualification:
Graduate/PG with specialisation in Pharmacy (B.Pharma) or MBBS, BAMS, BHMS from reputed university with Insurance underwriting core expertise
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