Assistant Manager - Medical Underwriting

Axis Max Life Insurance; Raipur; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Axis Max Life Insurance in Gurgaon is seeking an Assistant Manager/Deputy Manager - Medical Underwriting to assess medical risks for life insurance applications and determine insurability based on age, medical history, occupation, and financial standing.

You will underwrite new and existing business, appraise adverse findings, and refer complex cases to seniors while ensuring accuracy and timely processing.

Qualifications

• Graduate with 5+ years of experience in Operations or related areas.
• MBBS / BSc (Hons) in Nursing / B.Pharm / BPT / Insurance qualification preferred.
• Strong communication, analytical and coordination abilities.

Responsibilities

• Appraise medical risks for life insurance applications using age, occupation, medical history and financial standing.
• Appraise risk levels in applications with adverse medical findings requiring medical opinion.
• Evaluate medical condition and analyze applicant test results.
• Underwrite new and existing business within policy limits.
• Recommend, accept or reject insurance coverage per underwriting policy.
• Handle routine, non-routine and renewal cases.
• Refer difficult cases to superiors.
• Assess financial documents and summarize findings.

Skills

Strong communication skills

Eye for detail

Good coordination skills

Good analytical skills

GO/HO process knowledge

Technical skills

Education

MBBS

B.Sc (Hons) Nursing

B.Pharm

BPT

Insurance qualification preferred

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

• 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