Underwriter

Department Icon Insurance- Life Insurance
Posted: 1 year ago
2-4 years
Delhi NCR
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 be assessing the risk associated with life insurance applications to ensure the financial health of the company.

What you will do: You will evaluate applications, collect and analyze relevant information, make risk assessments, and communicate decisions.

Key responsibility:

  • Review life insurance applications for completeness and accuracy.
  • Analyze medical history, financial information, and other relevant data.
  • Assess the risk associated with each application based on established underwriting guidelines.
  • Make decisions regarding approval or decline of applications.
  • Communicate decisions to agents and policyholders.
  • Maintain accurate records of underwriting activities.
  • Stay abreast of changes in underwriting guidelines and regulations.
  • Collaborate with other underwriters and team members.

Required Qualification and Skills:

  • Bachelor's degree in a relevant field (e.g., actuarial science, finance).
  • Strong analytical and critical thinking skills.
  • Understanding of life insurance products and underwriting principles.
  • Excellent attention to detail and accuracy.
  • Proficiency in MS Office suite.
  • Excellent communication skills, both written and verbal.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for career advancement.
  • Comprehensive training and development programs.
  • Supportive and collaborative work environment.

A Day in the Life: You will review and assess life insurance applications throughout the day, communicating with stakeholders and staying abreast of any changes in regulations.

Skills

UnderwritingRisk AssessmentLife Insurance KnowledgeData Analysis

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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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