Life Insurance Underwriter

Department Icon Insurance- Life Insurance
97+ Applicants
Posted: 1 year ago
1-2 years
Bangalore
Hybrid
Upto ₹0 - ₹0

Posted: 1 year ago
|
Applicants: 98+
Job Description
About Company
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Job Description

What role you will play in team: Assessing risk and making sound decisions on life insurance applications are your primary responsibilities. You are vital in ensuring the financial health and stability of our company by mitigating risk.

What you will do: You will analyze applications, verify information, assess risks, and make informed decisions to approve or decline insurance policies.

Key responsibility:

  • Reviewing life insurance applications for completeness and accuracy of information.
  • Assessing risk factors based on applicant's health, lifestyle, and financial information.
  • Conducting thorough research and investigation to verify information.
  • Applying underwriting guidelines and standards to make informed decisions.
  • Communicating decisions to sales representatives and clients.
  • Maintaining accurate records and complying with regulatory requirements.

Required Qualification and Skills:

  • Bachelor's degree in a relevant field (e.g., actuarial science, finance).
  • Understanding of insurance principles and underwriting guidelines.
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and accuracy.
  • Ability to work independently and as part of a team.
  • Proficiency in MS Office suite.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional growth and development.
  • A supportive and collaborative work environment.
  • Comprehensive training program.
  • A challenging and rewarding career in the insurance industry.

A Day in the Life: A typical day involves reviewing insurance applications, conducting research, making risk assessments, and maintaining records. Accuracy and attention to detail are paramount.

Skills

UnderwritingRisk AssessmentInsurance PrinciplesData AnalysisRegulatory Compliance

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About Company

Max Life Insurance Company Limited is a life insurance company in India with a joint venture between Max India Ltd and Axis Bank The company is a subsidiary of the publicly listed Max Financial Services and is the largest non-bank private-sector life insurer in India.

Important dates & deadlines?

Application Deadline

31 Jul 25, 11:45 AM IST

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Life Insurance Underwriter

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