Avp- Underwriting- Life Insurance
4 days ago
**JOB DETAILS**:
Key Responsibilities:
- Analyzing the medical and financial information provided by insurance applicants
- Determining the risk associated with insuring a person
- Deciding whether or not to offer insurance to applicants.
- Calculating premiums and appropriate amounts of coverage.
- Training the other stake holders on Underwriting guidelines within the organization
- Researching additional information, such as medical histories or credit scores.
- Analyzing and determining the relevancy of risk factors.
- Managing the administrative and operational responsibilities
- Vendor management
- Evaluating the recommendations and observations made by the sales force
- Making the department MIS
- Researching additional information, such as medical histories or credit scores.
- Process review and analysis
- Analyzing and determining the relevancy of risk factors.
- Coordinating with the actuarial, product and claims team as and when required
- Team management and to ensure all team members are aligned to the department and organizational goals
Required qualifications and experience:
- Qualification: Graduate/Post Graduate
- Underwriting experience of 12-15 yrs in life insurance or work experience in industries like Health Insurance
- Understanding of Risk Management through understanding of Medical/ Financial/ Residential / Occupational / Avocational risks
- Financial Documentation Analysis (Salary slips, ITRs, etc.)**Job ID**:
1951**Location**:
Mumbai**Work Exp**:
10-18 yrs**Salary**:
not disclosed**Posted by**:
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