Insurance Underwriter

As an Insurance Underwriter, you will be responsible for evaluating and underwriting Group Medical Coverage (GMC), Group Personal Accident (GPA), and Group Term Life (GTL) insurance proposals. Your role will involve assessing risk parameters, coordinating with various teams for finalizing quotes, and ensuring compliance with internal guidelines and regulatory requirements. You will work on renewals, revisions, and endorsements of existing group policies while maintaining accurate underwriting documentation and supporting the development of underwriting guidelines and process improvements. Collaborating with the claims team to analyze trends and providing necessary training or support to junior underwriters and business development teams will also be part of your responsibilities. To excel in this role, you should possess a Bachelor's degree, preferably in insurance, finance, statistics, or a related field, along with 3-7 years of experience in underwriting GMC, GPA, and GTL group products. Certification in insurance, such as Licentiate/Associate from III, would be advantageous. Your strong understanding of insurance risk assessment, pricing principles, and claims history evaluation, coupled with proficiency in underwriting tools, Excel, and analytical models, will be essential. Having a good grasp of IRDAI regulations and compliance frameworks, excellent communication and negotiation skills, as well as being detail-oriented, analytical, and having strong decision-making capabilities will contribute to your success in this role.,