Associate Manager - Underwriting

HDFC Life; Mumbai Suburban; On-site; INR 900,000 - 1,300,000; Full time

Job summary

HDFC Life is seeking an Associate Manager - Underwriting in Mumbai to lead the underwriting distribution function and ensure fast turnaround times. The role focuses on guiding the team to maintain quality standards while achieving monthly targets.

The ideal candidate has 2–3 years of underwriting experience, with a bachelor's or postgraduate degree, and strong analytical, interpersonal, and stakeholder management skills. Proficiency in MS Office is preferred.

Qualifications

• 2–3 years of total work experience, preferably in underwriting
• Bachelor's or postgraduate degree required

Responsibilities

• Oversee core underwriting functions
• Manage underwriting department deliverables and monthly targets
• Implement effective risk management strategies and drive process improvements
• Train and mentor the underwriting team
• Efficiently manage underwriting TAT for all new business and revival cases
• Maintain and update underwriting guidelines to ensure compliance

Skills

Analytical skills

Interpersonal skills

Stakeholder management

Education

Bachelor's or Postgraduate degree

Tools

MS Office

Job description

Associate Manager - Underwriting

What are we looking for?

This role focuses on managing the distribution function of the underwriting department and ensuring efficiency in turnaround times (TAT).

What does the job entail?

• Core Underwriting: Oversee and perform core underwriting functions.
• Team Management: Manage the underwriting department's key deliverables, ensuring that quality standards are maintained while achieving monthly targets.
• Risk & Process Management: Implement effective risk management strategies and drive process improvements.
• Training & Development: Train and mentor the underwriting team.
• Turnaround Time (TAT): Efficiently manage the underwriting TAT for all new business and revival cases.
• Quality Assurance & Compliance: Maintain and update underwriting guidelines to ensure they comply with company standards.

Work Experience

2-3 years of total work experience, preferably in the underwriting

process, with knowledge of the Life Asia system.

Essential Qualification

A bachelor's or postgraduate degree is essential.

Preferred Skills

• Analytical skills
• Interpersonal skills
• Proficiency in MS Office (Excel, PowerPoint, etc.)
• Stakeholder management