Life Insurance Policy Underwriter

Department Icon Insurance- Life Insurance
Posted: 1 year ago
3-5 years
Pune
Insurance- Life Insurance
Work From Home
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Job Description

What role you will play in team: You will assess the risk associated with life insurance applications to determine eligibility and policy terms.

What you will do: You will review applications, medical reports, and other relevant information to make informed underwriting decisions.

Key responsibility:

  • Review life insurance applications and associated documentation for completeness and accuracy.
  • Analyze medical information and assess health risks.
  • Determine policy eligibility and recommend appropriate terms and conditions.
  • Apply underwriting guidelines and company policies consistently.
  • Document your underwriting decisions and rationale clearly.
  • Maintain up-to-date knowledge of industry regulations and best practices.
  • Meet daily/weekly targets for application processing.

Required Qualification and Skills:

  • Bachelor's degree in a relevant field (e.g., insurance, finance).
  • Strong analytical and problem-solving skills.
  • Knowledge of life insurance underwriting principles and practices.
  • Experience reviewing medical records (preferred).
  • Strong attention to detail and accuracy.
  • Excellent communication skills.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional development and advancement.
  • Challenging and rewarding work environment.
  • Paid Time Off and Medical Insurance.

A Day in the Life: Your day will involve reviewing applications, analyzing medical reports, making underwriting decisions, and documenting your findings.

Skills

UnderwritingRisk AssessmentMedical Record ReviewInsurance KnowledgeAnalytical Skills

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