2 - 3 years

4 - 5 Lacs

Posted:12 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities:
  • Assess and analyze complex insurance applications to determine risk classification and premium rates
  • Develop and maintain underwriting guidelines and manuals
  • Communicate with stakeholders regarding application status, additional requirements, and final underwriting decisions
  • Escalate and discuss complex cases with management and medical directors
  • Participate in strategic discussions related to underwriting and offer valuable insights and suggestions on projects
  • Ensure compliance with industry regulations, laws, and company policies
  • Collaborate with agents, brokers, and other stakeholders to gather necessary information and negotiate policy terms
  • Review insurance claims and terms to determine the amount to be paid out by the company
  • Designate and prepare insurance premiums based on informed judgment and competitor pricing
Requirements:
  • Experience required minimum 2 3 years
  • Knowledge of insurance industry standards, practices, and products
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Ability to work independently and make informed decisions
  • Experience with underwriting software and databases
  • Professional certification in underwriting preferred

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