Posted By
Posted in
Banking & Finance
Job Code
914662
Key Responsibilities:
- Good domain knowledge of underwriting- both medical and financial underwriting. Ability to judge the various financial documents to arrive at proper risk valuations and avoid business leakages.
- Managing daily volumes. Pro actively able to anticipate and put mitigation strategies in place and monitoring of business flow on the shop floor.
- Enhancement in existing underwriting guidelines based on trends so as to deliver better without compromising quality of business and provide effective and competitive guidelines for new products.
- Team Management .Ability to guide the team and groom talents within the team .To have a good communication skills.
- Team Mentoring:. Knowledge sharing so that the skills set of the team members can be improved. Building up of a second support level so that team members get gradual exposure key responsibilities and thus facilitate grooming and a smooth transition to a higher position.
- Abreast about the latest trends in underwriting and the practices followed in the Indian Insurance Market
- Underwriting MIS- understanding the MIS and determining trends. Taking course corrections for cases not within norms. New initiatives for reducing TATs and saving cost.
- Co ordination with other departments/functions for smooth functioning.
- Interaction with the Reinsurers for day to day cases and new products UW guidelines.
- Project management skills
Required qualifications and experience:
- 15+ years of work experience in the Underwriting function in a Life Insurance Company.
- Good Underwriting domain knowledge- both medical and financial
- A candidate with hands on core underwriting experience either in a direct company or reinsurance.
- Qualifications Graduate in any stream with relevant experience as mentioned above
- Good communication skills, both oral and written are essential.
- Technical qualifications desirable-Licenciate/Associate/Fellowhip/LOMA/ALU
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Posted By
Posted in
Banking & Finance
Job Code
914662