Underwriting Manager

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai 🕐 3 days ago

Job Description

Position :-Assistant manager / Manager.( Medical Underwriting)

Location : Seawoods( Navi Mumbai)

Contact :- [email protected]

Experience : 3 to 5 Years of experience from insurance Industry.

Qualification :- Any Graduate / MBA.

Responsibilities
• Underwriting Medical cases in line with the department TAT
• Underwriting individual cases within delegated financial authority
• Revival Underwriting / Group Underwriting

Activities:-
• Underwriting of cases and analysis of all risk areas so as to take diligent underwriting decisions within the delegated financial authority.
• Referring high sum assured cases to reinsurer follow up for speedy decision
• Informing RUUs about the new changes in the system by giving them necessary instructions detailed process flow to be followed
• Solving queries arising from various branches relating to underwriting aspects.
• Underwriting of revival cases received from PS Dept

Interactions:-
• Managers for discussion countersignature of cases beyond financial limit
• RUUs for solving queries
• NB Department with respect to policy checking cases
• Policy servicing Department with respect to revival alteration cases

Measure of Success:-
• Underwriting maximum no. of medical cases on the same day maintaining department TAT for and all other cases that require follow up and further processing.
• Ensure Zero observations and non- conformities in concurrent, reinsurance and IRDA audits.
• Underwrite the maximum number of proposals during the financial year.
• Improving efficiency of the Department by constant enhancement in process system.
• Helping Department in taking corrective preventive measure by doing various analysis by taking necessary action giving proper instructions to reinsurer. Solving of queries received through mails or underwriting query box attending them on the same day

This job is provided by Shine.com

💡 Quick Summary

Seeking a career-building opportunity? The Underwriting Manager position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

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Job Details

Company Name: SBI Life Insurance

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The expected salary for Underwriting Manager in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Underwriting Manager is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Underwriting Manager. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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