SE/AM- Underwriting

Bandhan Life Insurance Limited; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Bandhan Life Insurance Limited in Mumbai seeks an experienced underwriter to handle retail and group life cases, ensure timely workflow, and escalate suspicious activities to risk/compliance teams. The role requires 2–4 years in life underwriting, group life, and technical underwriting.

The candidate will collaborate with developers and stakeholders, manage allocated projects, and create test scenarios to validate product requirements efficiently.

Qualifications

• 2-4 years experience in life underwriting and group credit life.
• Experience in technical underwriting and development.
• Familiarity with risk and compliance processes.

Responsibilities

• Underwrite new retail and group life cases following company guidelines.
• Monitor workflow to ensure tasks complete within set TAT.
• Report suspicious transactions to risk and compliance teams.
• Discuss tasks and work toward timely results.
• Handle allocated projects and meet deadlines.
• Create detailed test cases, scenarios, and environments from requirements.
• Verify testing outputs and ensure quality standards are met.
• Collaborate with developers or stakeholders to fix issues.

Skills

Underwriting experience

Group Life Insurance

Technical Underwriting

New Business Processing

Risk & Compliance awareness

Job description

2 - 4 Years

Permanent

Job Description

AboutUs

BandhanLife is your trusted partner in financial security, making every Indianhousehold financially secure. As a part of the renowned Bandhan Group, we arebolstoring our collaborative strengths of digital innovation and robustdistribution to enhance the value for all our stakeholders. Welcome to a newera of insurance, where growth, innovation, customer, and employee welfare areparamount.

KeyFocus Areas:

1. Underwrite New business (Retail, Group) and revival cases based on the guidelines regulated by the company

2. Keep regular check at theflow of work within the team and ensure completion within TAT

3. Report suspicioustransactions to risk and compliance team

4. Discuss and understandassigned tasks and work towards achieving desired result within the timelines

5. Handling of projectsallocated

6. Create detailed testcases, scenarios, and environments based on product requirements.

7. Verify the outputsreceived for testing and check quality standards.

8. Collaborate withdevelopers or stakeholders to fix issues.

Qualifications& Competencies:

• Minimum 2-4 years oflife Underwriting, Group Credit Life, Technical Underwriting, Development, Technical Integration, New Business, Group Underwriting
• Candidates from LifeInsurance industry is a must.

Job Snapshot

Updated Date

29-09-2026

Job ID

Job_00759

Department

Location