Deputy Manager - Group Health Underwriter - General Insurance

Designation - Deputy Manager - Group Health Underwriter

Location - Corporate Office - Mumbai

Reporting to Business Head - Health Insurance

Role and Responsibilities:

- Managing underwriting for group health

- Responsible for review of group health products' RFQs received from partner brokers/agents/corporates.

- Correct pricing of risk in accordance to Underwriting guidelines and principles.

- Responsible for designing and pricing various affinity programs of group health as per the requirement and profile of for various channel partners.

- Responsible to generate group health insurance business by analyzing and underwriting and negotiating various group health proposal while keeping the LR in check.

- Responsible to track proposals, status and analyze the data and suggest changes in strategy to acquire greater market share as per the given condition.

- Create and publish various trackers and MIS to higher management on monthly basis.

- Analyzing the overall group health portfolio and proactively take corrective actions if required.

- Assess risk based groups' health conditions.

- Prepare quotations for group policies, based on clients' requirements.

- Provide Policy Issuance support to Ops and sales team for Group Health / UW Quotes.

- Regular monitoring and claims analysis of Group Health business for the company.

- Resolving queries of Sales and Marketing team for Group Health Businesses.

- The incumbent shall be responsible for timely providing underwriting support to various Sales/ Relationship Manager across channels and locations.

- Continuous improvement of in house group Health underwriting calculator /rater basis feedback from claims / sales and Actuarial team.

- Evaluate emerging trends, competition practices, formulate options and propose recommendations on guideline to senior management.

- Undertake new products' development and regulatory filing to offer competitive solutions in market.

Requirement:

- Should be a Team player Have good understanding of MS Excel including VBA and other underwriting tools.

- Should have good knowledge on other MS Office Applications.

Qualification and competencies

- Graduate/PG with 3-4 yrs experience in group health preferably from General Insurance company/ Health insurer.