Life Insurance Policy Underwriter - Senior

Department Icon Insurance- Life Insurance
Posted: 1 year ago
3-5 years
Hyderabad
Insurance- Life Insurance
Work From Office
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: You will be leading the underwriting team, guiding and mentoring junior underwriters. You will also handle complex cases.

What you will do: You'll lead a team of underwriters, ensuring accurate and efficient processing of insurance policies and claims.

Key responsibility:

  • Lead and mentor a team of life insurance underwriters.
  • Review complex life insurance applications and make informed decisions regarding approval or denial.
  • Maintain regulatory compliance and ensure adherence to company underwriting guidelines.
  • Develop and implement new underwriting procedures and processes.
  • Collaborate with other departments to ensure smooth operations.
  • Provide training and guidance to junior underwriters.
  • Handle escalated claims and resolve complex issues.

Required Qualification and Skills:

  • Bachelor's degree in a relevant field (e.g., actuarial science, finance).
  • 5+ years of experience in life insurance underwriting.
  • Proven leadership and management experience.
  • In-depth knowledge of life insurance products and underwriting principles.
  • Excellent analytical and problem-solving skills.
  • Strong communication and interpersonal skills.

Benefits Included:

  • Competitive salary and benefits package including comprehensive health insurance.
  • Professional development opportunities and leadership training.
  • A challenging and rewarding career in a dynamic organization.
  • Opportunities for career advancement within the company.

A Day in the Life: Your day includes mentoring junior underwriters, reviewing complex cases, handling escalated claims, and staying abreast of industry changes. You'll collaborate closely with other departments.

Skills

Life Insurance UnderwritingTeam LeadershipRisk ManagementRegulatory ComplianceClaims ManagementMentoring

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