Consult SP | AVP-Group Mediclaim Underwriter | bangalore

3 days ago


Bengaluru, India Consult SP Full time
Position OverviewWe are seeking a seasoned Group Health Policy Underwriter with a flair for client engagement, business development, and consultative advisory in B2B insurance underwriting. The ideal candidate will bring expertise in underwriting group health policies and proactively contribute to cross-sell and up-sell opportunities, helping expand client portfolios while ensuring profitability and client satisfaction.

Key ResponsibilitiesUnderwriting Excellence:

Assess and evaluate group health insurance risks for corporate clients, ensuring pricing and terms align with company policies and regulatory standards.Collaborate with actuaries to finalize optimal premiums for various group health plans.Client Consulting:Engage directly with corporate clients and brokers to understand their business requirements, providing tailored group health solutions.Offer strategic advice to optimize clients’ health insurance plans, addressing cost efficiencies and coverage adequacy.Cross-Sell & Up-Sell:Identify opportunities to expand product offerings by recommending complementary services and additional coverages.Partner with sales teams to position group health products effectively and support business growth.Stakeholder Collaboration:Coordinate with internal teams, such as claims, operations, and legal, to ensure smooth policy issuance and servicing.Act as the point of contact for large client escalations, resolving issues promptly and professionally.Market Analysis:Stay updated on industry trends, regulatory changes, and competitor practices to provide innovative solutions and maintain a competitive edge.Key Skills & QualificationsEducational Background: Graduate/Postgraduate in Finance, Insurance, Business, or related fields. Certification in insurance or underwriting is preferred.Work Experience: 4–10 years in group health policy underwriting, with a strong understanding of the B2B insurance market.Technical Skills:Proficient in risk assessment, policy structuring, and pricing strategies for group health insurance.Knowledge of regulatory frameworks governing group health policies in India.Consultative Skills:Excellent interpersonal and communication skills to engage with C-level executives and HR heads.Demonstrated ability to cross-sell/up-sell within existing client relationships.Analytical Abilities: Strong problem-solving skills to handle complex underwriting cases.Location Preference:

Candidates based in or willing to relocate to Bangalore.

Why Join Us?Opportunity to work with a Fortune 200 company recognized globally for its innovative practices and commitment to professional development.Competitive compensation structure with growth-oriented career paths.Exposure to diverse industry verticals and collaboration with top corporate clients.



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