Assistant Manager - Underwriting

Bandhan Life Insurance Limited; Mumbai; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Bandhan Life Insurance Limited in Mumbai seeks an experienced Life Underwriter to underwrite new business and revival cases in line with company guidelines. The role focuses on monitoring workflow, ensuring timely completion, and reporting suspicious transactions to the risk and compliance team.

You will perform underwriting quality checks and opinions on claims files while coordinating assigned projects with the team.

Qualifications

• 2-5 years of life underwriting experience.
• Graduate or Postgraduate in Pharma/Medical background; certifications like LOMA, FLMI, ALU, FIII preferred but not mandatory.

Responsibilities

• Underwrite new business and revival cases per company guidelines.
• Monitor workflow within the team and ensure tasks meet turnaround times (TAT).
• Report suspicious transactions to risk and compliance teams.
• Quality check/Underwriting audit and provide underwriting opinions on claims files.
• Discuss tasks and work to achieve timely results; manage allocated projects.

Skills

Life underwriting

Education

Pharma/Medical background

LOMA/FLMI/ALU/FIII (preferred)

Job description

About Us

Bandhan Life is your trusted partnerin financial security, making every Indian household financially secure. As apart of the renowned Bandhan Group, we are bolstering our collaborativestrengths of digital innovation and robust distribution to enhance the valuefor all our stakeholders. Welcome to a new era of insurance, where growth,innovation, customer, and employee welfare are paramount.

Role Details

Department: Underwriting

Employment Type: Full Time

Key Focus Areas

• Underwrite newbusiness and revival cases based on the guidelines regulated by the company
• Keep regular checkat the flow of work within the team and ensure completion within TAT
• Report suspicioustransactions to risk and compliance team
• Qualitycheck/Underwriting Audit and Underwriting opinion on claim file
• Discuss andunderstand assigned task and work towards achieving desired result within thetimelines
• Handling ofprojects allocated

Qualifications Competencies

• Minimum 2-5years of life underwriting experience
• Graduate /Postgraduate in Pharma/Medical background, additional qualifications like LOMA,FLMI,ALU,FIII etc would be preferred but not a mandate
• Focused andmotivated to achieving results
• Clearly demonstrates energy and perseverance towards achievement of goals

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.