Insurance Underwriter- Sr Manager(pre processor)

0 years

10 - 16 Lacs

Posted:2 weeks ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Core Duties and Responsibilities
  • Application Review and Data Entry: Collect and review new insurance applications for completeness and compliance with basic requirements. Accurately input data into underwriting software and systems.
  • Information Gathering: Coordinate with agents, brokers, and third parties to collect necessary documentation, such as medical records, financial statements, and lifestyle questionnaires.
  • Risk Documentation: Compile and organize all relevant information (e.g., MIB data, lab results, medical exams, financial documents) into comprehensive case files for the underwriter's review.
  • Initial Risk Screening: Screen applications against pre-determined criteria and company guidelines to identify initial risk factors or red flags.
  • Communication and Support: Act as a liaison between agents/brokers and the underwriting department, providing updates, explaining requirements, and answering process-related questions.
  • Policy Issuance Support: Assist in preparing and coordinating policy documents, endorsements, and related correspondence once a decision is made.
  • Administrative Support: Maintain accurate and detailed records, manage policy renewal status tracking, and assist with general administrative tasks as needed.
  • Compliance: Ensure all activities and documentation comply with relevant federal, state, and local insurance laws and company policies.

Job Types: Full-time, Permanent

Pay: ₹1,000,000.00 - ₹1,600,000.00 per year

Benefits:

  • Cell phone reimbursement
  • Health insurance
  • Life insurance
  • Provident Fund

Work Location: In person

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