PNB MetLife - Senior Manager - Underwriting

Key Responsibilities:

System expert

- Formulation, ideation, and implementation of workflow systems

- Data gathering and analysis to understand business strategy requirements.

- Identify issues and make recommendations based on impact of new/emerging technology or modifications to existing systems.

- Translate business requirements into technical requirements.

- Formulate and define system scope and objective based on user needs and understanding of business processes.

- Develop, write, and communicate systems design and functional system.

- Analyze customer's systems to understand strengths and weaknesses for the identification of opportunities for improvements.

- Develop system test cases and validates test results during testing.

- Analyze testing results to ensure the solution meets the needs of the business.

- Document system modifications

- Support effort to ensure technical compatibility and user satisfaction.

- Escalates issues as appropriate.

- Coach and transfer knowledge to less experienced team members.

Analytics

- Analyzing the medical and financial information provided by insurance applicants

- 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

Underwriting

- High value medical and financial underwriting

- Reinsurance management

- Managing the administrative and operational responsibilities

- Vendor management

Required qualifications and experience:

Qualification: Graduation (Preferred candidates with experience as a business analyst in Underwrting and system know how with Training in UW through ALU / III / LOMA / COMET / Other similar programs)

- Preferred Underwriting experience of 8 -12 yrs. in life insurance or work experience in industries like Health Insurance

- Understanding of Risk Management and Underwriting business rule management through understanding of various underwriting risks and system rile engines and Artificial intelligence.

- Financial Documentation Analysis (P&L, Balance Sheets, ITRs, etc.)

- Proficient Command and skills in MS Office and MS Excel