Group health and accident underwriter

4 weeks ago


Gurgaon, India Magma HDI General Insurance Company Limited Full time

Purpose: Responsible to assess and price requests for quotes for Group Health and Group Personal Accident as per company internal underwriting guidelines.

Should be able to build portfolio with a target loss ratio for these lines of business.

Should be able to discuss and negotiate the price quoted with internal and external stakeholders.

Should be able to do UATs for developing systems for the said products.

Duties And Responsibilities Should be responsible for preparation and timely release of quotes in the market Responsible for building portfolio with the target loss ratio for Group Health and Group PA through selective risk underwriting Should be able to adhere to IRDA regulation and compliance, as applicable from time to time Redesign processes for policy administration basis underwriting guidelines Should be able to negotiate business terms and price both internally and externally and maintain healthy relations with intermediaries and channel partners Should be able to prepare product proposition presentation Should be able to analyze the portfolio and create necessary reports Should be able to understand the coverage implication on claims Should be able to track and analyze the business underwritten and conversions Monitor customer complaints, trend and timely resolution Specialized skills & competencies : Post graduate with relevant experience in Health and Accident Underwriting Strong proficiency in all areas of Health and accident insurance underwriting and claims High level of accuracy with data analytics Advanced understanding of underwriting and portfolio Analytics Exceptional negotiation skills and resources that will influence results Strong business acumen and understanding of the fundamental components of Claims, Underwriting, channel relationships, and trends Exceptional oral, written, and presentation skills that positively influence a wide audience within and outside the underwriting department



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