Assistant Manager - Protection Underwriting

About the role

Assistant Manager/Deputy Manager – Medical Underwriting role in the Operations department, Underwriting function, reporting to Manager, Band 5A/5B, based in Gurgaon.

Responsibilities

• Appraise medical risks for life insurance application using factors such as age, occupation, medical history, financial standing and other relevant conditions that determine insurability
• Appraise level of risk involved in applications with adverse medical findings where medical opinion or decision is necessary for acceptance/rejection of insurance coverage
• Evaluate medical condition and analyze the test results of the applicants
• Underwrite new and existing business
• Recommend, accept, reject insurance coverage within limits set in the underwriting policy
• Handle routine and non-routine and renewal cases
• Refer difficult cases to superiors
• Assessing financial documents and summarize the same
• Ensure adherence of accuracy and TAT for underwriting of proposals
• Adhere to all regulatory requirements and reports exception
• Lead team of motivated professionals aligned to company goals
• Manage internal and external stakeholders in terms of CSAT and DSAT

Qualifications

• Graduate with 5+ years of experience in Operations or related areas
• MBBS / B.Sc (Hons) in Nursing/B.Pharm/BPT/Insurance Qualified preferred
• Candidates who have a performance rating of G2M2 & have completed 12 months in the current role
• Candidates who have a performance rating of G3M3 & have completed 18 months in the current role
• FOR LATERAL MOVEMENT, candidate should have completed at least 12 months in the current role & have minimum performance rating of G3M3

Skills

• Strong communication skills
• Strong GO / HO process knowledge
• Eye for detail
• Good co-ordination skills
• Good Analytical Skills
• Computer knowledge (MS Office, MS Excel, MS Power Point) and Technical skills