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Underwriting Manager

3.00 to 8.00 Years   Navi Mumbai, Thane   22 Aug, 2022
SBI Life Insurance Company Limited
Job LocationNavi Mumbai, Thane
EducationNot Mentioned
SalaryRs 4.5 - 10 Lakh/Yr
IndustryInsurance
Functional AreaRisk / Underwriting
EmploymentTypeFull-time

Job Description

    Position :-Assistant manager / Manager.( Medical Underwriting)Location : Seawoods( Navi Mumbai)Contact :- hidden_emailExperience : 3 to 5 Years of experience from insurance Industry.Qualification :- AnyGraduate / MBA.Responsibilities:
    • Underwriting Medical cases in line with the department TAT
    • Underwriting individual cases within delegated financial authority
    • Revival Underwriting / Group Underwriting
    Activities:-
    • Underwriting of cases and analysis of all risk areas so as to take diligent underwriting decisions within the delegated financial authority.
    • Referring high sum assured cases to reinsurer & follow up for speedy decision
    • Informing RUUs about the new changes in the system by giving them necessary instructions & detailed process flow to be followed
    • Solving queries arising from various branches relating to underwriting aspects.
    • Underwriting of revival cases received from PS Dept
    Interactions:-
    • Managers for discussion & countersignature of cases beyond financial limit
    • RUUs for solving queries
    • NB Department with respect to policy checking cases
    • Policy servicing Department with respect to revival & alteration cases
    Measure of Success:-
    • Underwriting maximum no. of medical cases on the same day maintaining department TAT for and all other cases that require follow up and further processing.
    • Ensure Zero observations and non- conformities in concurrent, reinsurance and IRDA audits.
    • Underwrite the maximum number of proposals during the financial year.
    • Improving efficiency of the Department by constant enhancement in process & system.
    • Helping Department in taking corrective & preventive measure by doing various analysis & by taking necessary action & giving proper instructions to reinsurer. Solving of queries received through mails or underwriting query box & attending them on the same day

Keyskills :
underwritinglife insurancegroup lifehealth insurancemedical underwritingpolicy checkinggroup underwritingassistant

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