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 responsible for assessing risk and making informed decisions about insurance applications, ensuring the company's financial stability.

What you will do: You will analyze applications, verify information, and determine eligibility for life insurance coverage.

Key responsibility:

  • Review life insurance applications for completeness and accuracy.
  • Assess the risk associated with each application.
  • Make underwriting decisions based on company guidelines and regulations.
  • Maintain accurate records of underwriting activities.
  • Communicate with agents and policyholders regarding underwriting decisions.
  • Stay updated on industry best practices and regulatory changes.

Required Qualification and Skills:

  • Bachelor's degree in a related field (e.g., actuarial science, statistics).
  • Strong analytical and problem-solving skills.
  • Understanding of life insurance underwriting principles.
  • Knowledge of medical terminology is a plus.
  • Excellent attention to detail and accuracy.

Benefits Included:

  • Competitive salary and benefits.
  • Opportunities for career advancement.
  • Professional development programs.
  • Health Insurance and other benefits.

A Day in the Life: Reviewing applications, verifying information, assessing risk and making decisions. It also involves staying updated on guidelines and communicating with stakeholders.

Skills

UnderwritingRisk AssessmentInsurance KnowledgeData AnalysisCommunication

If a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.

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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