Assistant Vice President of Underwriting

Kotak Life; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Kotak Life is seeking an experienced underwriting professional to lead underwriting operations, manage complex risk assessments, and drive team performance. This role focuses on quality underwriting, regulatory compliance, and sustainable growth within the Life Insurance business.

The ideal candidate will oversee underwriting & risk management, ensure adherence to guidelines and audits, and collaborate with Sales, Claims, and Group Business teams while mentoring the underwriting team for

Qualifications

• Experience in life insurance underwriting with complex risk assessments.
• Proficiency in evaluating high sum assured and medical cases.
• Ability to provide technical guidance to Sales and internal teams.

Responsibilities

• Evaluate complex medical, HNI, and high sum assured proposals.
• Handle reinstatement and group underwriting cases.
• Assess risks and determine premium loadings.
• Provide technical guidance to Sales and internal teams.
• Ensure adherence to underwriting guidelines and audit requirements.
• Collaborate with Compliance on EDD+ and regulatory cases.
• Work with Sales, Claims, Policy Servicing, and Group Business teams.
• Lead, mentor and manage underwriting team performance and productivity.

Job description

Role Overview

We are seeking an experienced underwriting professional to lead underwriting operations, manage complex risk assessments, and drive team performance within the Life Insurance business. This role is critical in ensuring quality underwriting, regulatory compliance, and sustainable business growth.

Key Responsibilities

Underwriting & Risk Management

• Evaluate complex medical, HNI, and high sum assured proposals
• Handle reinstatement and group underwriting cases
• Assess risks and determine appropriate premium loadings
• Provide technical guidance to Sales and internal teams

Quality, Compliance & Audit

• Ensure adherence to underwriting guidelines and audit requirements
• Conduct quality checks on underwriting decisions and documentation
• Collaborate with Compliance on EDD+ and regulatory cases

Stakeholder Management

• Work closely with Sales, Claims, Policy Servicing, and Group Business teams
• Ensure high standards of customer service and fair risk evaluation
• Support resolution of complex queries and escalations

Leadership & Team Management

• Lead, mentor, and manage underwriting team performance and productivity
• Identify training needs and enhance team capabilities