Life Insurance Policy Underwriter

Department Icon Insurance- Life Insurance
Posted: 1 year ago
1-3 years
Noida
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 responsible for assessing risk and determining the insurability of applicants for life insurance policies, playing a crucial role in ensuring the financial health of the company.

What you will do: You'll meticulously analyze applications, assessing applicant health, lifestyle, and financial information to determine appropriate coverage levels and premiums.

Key responsibility:

  • Reviewing life insurance applications for completeness and accuracy.
  • Analyzing medical information, lifestyle, and financial data to assess risk.
  • Determining insurability and recommending appropriate coverage levels.
  • Applying company underwriting guidelines and regulations.
  • Collaborating with sales and claims teams to address issues.
  • Maintaining precise records and documentation.
  • Staying updated on industry trends and regulations.

Required Qualification and Skills:

  • Bachelor's degree in a related field (e.g., finance, actuarial science).
  • Strong analytical and problem-solving abilities.
  • Meticulous attention to detail and accuracy.
  • Solid understanding of life insurance products and regulations.
  • Proficiency in MS Office suite.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional growth and development.
  • Supportive and collaborative team environment.
  • Professional development and training programs.

A Day in the Life: Your day will involve application review, risk assessment, decision-making, communication, and ongoing learning about new trends in life insurance.

Skills

UnderwritingRisk AssessmentLife InsuranceData AnalysisRegulatory Compliance

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About Company

Genpact is a global professional services firm that delivers digital-led, domain-defined industry solutions to its clients. They help companies transform their operations by leveraging technology and data analytics.

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