Senior Manager - Underwriting - Life Insurance Firm

Position: Sr.Manager - Underwriting

Reporting to - AVP - Underwriting

Underwrite life insurance applications for Individual including online term, Credit and Group plans

- The NB applications against which a requirement letter need to be raised

- The applications which require manual underwriting by virtue of the nature of product

- The policies with alteration requests with respect to plan details

- Revival cases

- Report suspicious transactions to Risk and Compliance team

Coordinate with channel and NB team to ensure complete and correct medical reports in the timeline defined

- Support the Claims team for investigation of the claims involving Medicals and underwriting inputs on the same.

- Provide the required data, justifications and underwriting inputs for cases raised by compliance under AML

Ensure timely & accurate generation of MIS Reports as per pre defined frequency for internal teams & external stakeholders like IRDA for Decline Life Database

- Complaints & escalations resolution as per TAT

From sales channels, customers through C2S2, Uwsolutions and UW helpdesk

IGMS queries

- Reinsurance Management

- Auto Underwriting rule enhancement to improve upon the rework

Trace query login for system improvement on better deliverables

Underwriting guidelines & System development for any New product with UAT

- Quality Check for Auto Pass applications as a part of risk mitigation measure at underwriting

- Online Audit for Underwriters which would assist in grant of higher limits

- Internal Training - Conducting training for underwriting team on new product launch, case studies & guideline change

- External Training - Conducting Alpha & Beta star training for sales force