Underwriter- Life Insurance

4 weeks ago


Bangalore Division, India Digit Life Insurance Full time
Primary responsibility
- Appraises and underwriter’s complex risk for life insurance and ensure underwriting Quotes are sound competitive and profitable.
- Processes case workload to ensure completion in a timely and efficient manner form of meeting or exceeding turnaround time/productivity goals and ensure compliance with internal underwriting guidelines.
- Collaborates with CMO, other than team member’s internal department and other go digit office to obtain expert knowledge, to assist in identifying solution and resolution to problem/issue.
- Keep abreast of client company / industry life products, current development and key trends in life insurance.
- Build and maintain strong working relationship with internal and external stakeholders and effectively communicate to understand the client needs.
- Performs backup support, manage e-rap administration and other duties as assigned
Requirement
- Bachelor’s degree in science
- Minimum health or life underwriting experience 3-5 years
Preferred
- Graduate in pharmacy/nursing/medicine
- Experience in life insurance, preferably underwriting or application analysis.
- 3-5 years of health/life underwriting experience
Skill and Abilities
- Preferred: prior experience in a risk selection function or insurance processing.
- Completes initial review of life insurance application
- Scrutinizes applications and related documents.
- Verifies missing information and outstanding requirements.
- Review medical history listed on application. Checking against acceptance guidelines.
- Compares coverage amount and in force coverage for acceptability.
- Review nonmedical risk profile – checking against acceptance guideline
- Notifies agent of any outstanding information via mail or application.
- Reviews laboratory results – check against acceptable criteria.
- Identifies issues to be discussed with referrals and home office partner.
- Advanced oral and written English communication skill demonstrating ability to share and impart knowledge.
- Ability to quickly adopt to new methods work under tight deadlines.
- Advanced investigation, analytical and problem-solving skill.
- Must be flexible, creative, self-motivated and ability to work we'll within a team environment.
- Sound working knowledge of insurance principles underwriting guidelines and product feature for effective risk analysis. Medicine as applied to the evaluation of health and life insurance risk no nothing word

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