Financial Underwriter - Life Insurance

We are seeking an experienced Life Insurance Financial Underwriter to join our Operations team.

The candidate will be responsible for evaluating insurance applications, assessing financial and medical risks, and making accurate underwriting decisions to ensure business profitability while maintaining regulatory compliance.

Key Responsibilities

- Review and analyze life insurance applications, financial documents, and medical records.

- Assess financial and medical risks and make underwriting decisions within assigned authority limits.

- Determine policy terms, conditions, and premium rates based on risk assessment.

- Collaborate with medical examiners, agents, and other departments for additional documentation if required.

- Ensure compliance with IRDAI guidelines and company underwriting policies.

- Maintain accurate records and reports of underwriting decisions and risk evaluations.

- Support process improvements and risk mitigation within the underwriting function.

- Provide recommendations on high-risk or complex cases to senior underwriters or management.

Key Skills & Competencies

- Minimum 3+ years of experience in Life Insurance Underwriting.

- Strong knowledge of life insurance products, risk assessment, and underwriting guidelines.

- Good understanding of financial documents, income analysis, and insurance regulations.

- Proficient in MS Office and insurance management systems.

- Strong analytical, decision-making, and documentation skills.

- Excellent communication and coordination abilities