Underwriter

Department Icon Insurance- Life Insurance
Posted: 1 year ago
2-4 years
Chennai
Insurance- Life Insurance
Hybrid
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 assess the risk associated with life insurance applications and determine eligibility for coverage.

What you will do: You will analyze applications, medical records, and other relevant information to determine the level of risk involved.

Key responsibility:

  • Reviewing life insurance applications for completeness and accuracy.
  • Analyzing medical records, financial statements, and other relevant information.
  • Assessing the risk associated with each application.
  • Determining eligibility for coverage and setting premiums.
  • Communicating with applicants and agents regarding underwriting decisions.
  • Maintaining accurate records and adhering to company underwriting guidelines.

Required Qualification and Skills:

  • Bachelor's degree in any discipline.
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and accuracy.
  • Understanding of life insurance products and underwriting principles.
  • Ability to work independently and as part of a team.
  • Experience in the insurance industry is a plus.

Benefits Included:

  • Competitive salary and benefits package.
  • Medical insurance.
  • Paid time off.
  • Opportunities for career advancement.
  • Stable and secure employment with a reputable company.

A Day in the Life: A typical day would be spent reviewing life insurance applications to assess risk, making decisions on approval or rejection, and collaborating with other underwriters to solve complex cases.

Skills

UnderwritingRisk AssessmentLife InsuranceData AnalysisMedical Records Review

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About Company

Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company. It is one of the largest insurance companies in India.

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