Assistant Manager - Medical Underwriting

Axis Max Life Insurance; Gurugram District; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Axis Max Life Insurance in Gurgaon seeks an Assistant Manager/Deputy Manager - Medical Underwriting to lead underwriting decisions for life insurance applications. You will assess medical risks, review test results, and underwrite new and existing business while ensuring accuracy and timely processing.

The role requires 5+ years in operations, MBBS or B.Sc. (Hons) in related fields, strong GO/HO process knowledge, and excellent communication and coordination skills to manage stakeholders and

Qualifications

• Graduate with 5+ years of experience in Operations or related areas.
• MBBS / B.Sc (Hons) in Nursing/B.Pharm/BPT/Insurance qualification preferred.
• Candidates should meet performance criteria (G2M2 after 12 months or G3M3 after 18 months).

Responsibilities

• Appraise medical risks for life insurance applications based on age, occupation, medical history and other factors.
• Assess risk levels in applications with adverse medical findings requiring medical opinions.
• Evaluate medical conditions and test results of applicants.
• Underwrite new and existing business within underwriting policy limits.
• Refer difficult cases to superiors and manage renewal cases.
• Summarize financial documents and support underwriting decisions.

Skills

Strong communication skills

GO/HO process knowledge

Eye for detail

Coordination skills

Analytical skills

Technical skills

Education

MBBS / B.Sc (Hons) Nursing / B.Pharm / BPT / Insurance qualification

Tools

MS Office

MS Excel

MS PowerPoint

Job description

Position

Assistant Manager/Deputy Manager - Medical Underwriting No. Of Positions

Department

Operations Function Underwriting

Reporting to

Manager

Band

5A/5B

Location

Gurgaon

Last Date of Submission:

Appraise medical risks for life insurance application using factors such as age, occupation, medical history, financial standing and other relevant conditions that determine insurability

Appraise level of risk involved in applications with adverse medical findings where medical opinion or decision is necessary for acceptance/rejection of insurance coverage

Evaluate medical condition and analyze the test results of the applicants

Underwrite new and existing business

Recommend, accept, reject insurance coverage within limits set in the underwriting policy

Handle routine and non-routine and renewal cases

Refer difficult cases to superiors

Assessing financial documents and summarize the same.

Measure of Success:

Ensure adherence of accuracy and TAT for underwriting of proposals

Adhere to all regulatory requirements and reports exception.

Lead team of motivated professionals aligned to company goals

Manage internal and external stakeholders in terms of CSAT and DSAT.

Desired qualifications and experience:

Graduate with 5+ years of experience in Operations or related areas

MBBS / B.Sc (Hons) in Nursing/B.Pharm/BPT/Insurance Qualified preferred

ELIGIBILITY CRITERIA

Candidates who have a performance rating of G2M2 & have completed 12 months in the current role

Candidates who have a performance rating of G3M3 & have completed 18 months in the current role

FOR LATERAL MOVEMENT, candidate should have completed atleast 12 months in the current role & have

minimum performance rating of G3M3

Knowledge and skills required:

Strong communication skills

Strong GO / HO process knowledge

Eye for detail

Good co-ordination skills

Good Analytical Skills

Computer knowledge (MS Office, MS Excel, MS Power Point) and Technical skills