Group Health Underwriting - 4+ Years - Mumbai

Crescendo Global Leadership Hiring India; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Crescendo Global is hiring a Group Health Underwriter in Mumbai to evaluate, price and structure group health proposals for corporates and institutions. The role is foundational, helping build underwriting philosophy, guidelines, rating models and processes while handling new business, renewals and portfolio performance.

You will collaborate with Actuarial, Reinsurance and Sales teams, review risk factors, determine premium terms, and contribute to underwriting systems and workflows to ensure

Qualifications

• Bachelor's degree in a relevant discipline such as Medicine, Pharmacy, Life Sciences, Insurance Business Administration or a related field.
• 4+ years of experience in Group Health Insurance Underwriting with a health/general insurer, reinsurer or broking organization.
• Strong working knowledge of group health products and employer-employee schemes.
• Experience with experience rating methodology and IRDAI underwriting and regulatory guidelines.
• Demonstrated experience underwriting a range of group sizes, including large corporate accounts.
• Exposure to reinsurance processes.
• Strong analytical and quantitative skills with the ability to interpret claims and risk data.

Responsibilities

• Evaluate group health insurance proposals covering new business, renewals and mid-term additions for corporates, SMEs and affinity groups.
• Assess group size, industry risk, demographic profile and claims history to determine risk exposure.
• Determine appropriate premium rates, loadings, terms, conditions and coverage limits based on risk assessment and actuarial guidance.
• Review claims experience, loss ratios, claims trends and large claims to support renewal pricing and portfolio decisions.
• Evaluate and approve or refer non-standard risks, large groups and cases outside standard underwriting guidelines.
• Coordinate with Actuarial and Reinsurance teams on pricing models, treaty limits and facultative placements.
• Develop and continuously refine underwriting guidelines, rating cards, referral matrices and risk appetite frameworks.
• Define underwriting workflows, documentation requirements and turnaround-time standards.

Skills

Analytical skills

Risk assessment

Underwriting

Education

Bachelor's degree in Medicine/Life Sciences/Insurance

4+ years in Group Health Insurance Underwriting

Job description

Group Health Underwriting - 4+ Years - Mumbai

A growing general insurance organization is looking for a Group Underwriter Health Insurance to evaluate, price and structure group health insurance proposals for corporate and institutional clients. This is a foundational role offering the opportunity to help build group underwriting philosophy, guidelines, rating models and processes from the ground up while managing new business, renewals and portfolio performance.

Location

Mumbai.

Your Future Employer

A growing general insurance organization focused on building innovative and customer-centric insurance solutions across multiple segments. The organization is developing its health insurance business with an emphasis on strong underwriting practices, technology-led processes and scalable operating frameworks.

Responsibilities

1. Evaluate group health insurance proposals covering new business, renewals and mid-term additions for corporates, SMEs and affinity groups.
2. Assess group size, industry risk, demographic profile and claims history to determine risk exposure.
3. Determine appropriate premium rates, loadings, terms, conditions and coverage limits based on risk assessment and actuarial guidance.
4. Review claims experience, loss ratios, claims trends and large claims to support renewal pricing and portfolio decisions.
5. Evaluate and approve or refer non-standard risks, large groups and cases outside standard underwriting guidelines.
6. Coordinate with Actuarial and Reinsurance teams on pricing models, treaty limits and facultative placements.
7. Develop and continuously refine underwriting guidelines, rating cards, referral matrices and risk appetite frameworks.
8. Define underwriting workflows, documentation requirements and turnaround-time standards.

Requirements

1. Bachelor's degree in a relevant discipline such as Medicine, Pharmacy, Life Sciences, Insurance Business Administration or a related field.
2. 48 years of experience in Group Health Insurance Underwriting with a health/general insurer, reinsurer or broking organization.
3. Strong working knowledge of group health products and employer-employee schemes.
4. Experience with experience rating methodology and IRDAI underwriting and regulatory guidelines.
5. Demonstrated experience underwriting a range of group sizes, including large corporate accounts.
6. Exposure to reinsurance processes.
7. Strong analytical and quantitative skills with the ability to interpret claims and risk data.

What is in it for you

1. Opportunity to play a foundational role in building and scaling a Group Health Underwriting function.
2. Exposure to underwriting strategy, portfolio management, rating frameworks and process design.
3. Opportunity to work closely with Sales, Actuarial, Reinsurance, Product, Technology and Claims teams.
4. Significant ownership in a fast-paced and evolving insurance environment.
5. Opportunity to contribute to the development of underwriting systems, guidelines and rating processes from the ground up.

Disclaimer

Crescendo Global does not discriminate based on race, religion, colour, origin, gender, sexual orientation, age, marital status, veteran status or disability status.

Note

We receive many applications daily, so it becomes difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in 1 week. Your patience is highly appreciated.

Keywords

Group Health Underwriting, Health Insurance, Group Insurance, Corporate Health Insurance, Underwriting, Group Underwriter, Experience Rating, Claims Analysis, Risk Assessment, Renewal Underwriting, IRDAI, Reinsurance, Rating Models, Mumbai, Crescendo Global.