Chief Manager – Underwriting

Roles and Responsibilities

Job Description: Underwriting – HNI Term ( Chief Manager)

About the department:

Underwriting department assesses risks of the customers and performs financial evaluation in detail to make a sound choice for insured. It is responsible to determine the terms and conditions of the risks and recommend appropriate solutions based on their eligibility and age in order to ensure efficient onboarding of the accurate customers in the organization.

Purpose of the Job:

As a Chief manager- Term cell , the role involves managing the issuance and the underwriting risks associated with High sum assured term plans. It includes managing the reinsurer on decisions & guidelines, handling complaints, handling sales escalations, team management, managing issuance & risk.

Duties & Responsibilities:

• Underwriting of cases basis authority as per TAT and achieving daily target.
• Managing UW TAT for issuance.
• Team management.
• Reinsurer management for decisions on critical cases & guidelines.
• Managing sales channels.
• Handling cross functional departmental activities.
• Maintaining & managing MIS data as per pre-defined guidelines.
• Handling Customer Escalation & minimizing customer Complaints.
• Identifying the gaps and implementing changes for overall process improvement.
• Industry benchmarking & implementation of best practices.
  
  
  

Knowledge, Skills & Abilities:

Educational Qualification: Graduate/ post graduate in Life sciences / pharmacy/ medicine.

Work Experience – 8-10 year relevant experience.

Required Skills:

Medical Underwriting with independent authority of 2 crore and above.

Leadership Skills
Analytical abilities.
Interpersonal skills.
MS Office (Excel, PowerPoint and etc.)
Stakeholder Management.