Sr Team Member - Underwriting

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

Job summary

Star Union Dai-ichi Life Insurance in Mumbai seeks an experienced Underwriter to assess medical and financial proposals, handle lapse case underwriting, and process cases in the STP QC Bucket. The role emphasizes high-value underwriting decisions.

Candidates should have 5+ years in life/health underwriting, strong communication, audit/compliance exposure, and a track record of risk assessment for complex cases. Join a leading life insurer with a strong regional network.

Qualifications

• Minimum 5+ years experience as Underwriter in Life Insurance/Health/TPA/KPO/BPO industry in Underwriting / Claims examiner roles

Responsibilities

• RiskAssessment /underwriting of medical and financial proposals
• Underwritingof Lapse Cases
• Assessmentof POS/Alteration of cases.
• Processingof Cases in STP QC Bucket

Skills

Risk assessment

Underwriting

Lapse case underwriting

POS alteration

Case processing

Written and verbal communication

Audit/compliance liaison

High-value ticket underwriting

Job description

Job Description

ABOUT THE ORGANIZATION

StarUnion Dai-ichi Life Insurance (SUD Life) is a joint venture formed in 2007between two major Indian PSU banks - Bank of India and Union Bank of India -and Japan's Dai-ichi Life Holdings.

We haveserved over 15 million customers through more than 19,500 bank branches acrossIndia. Our network includes 1,950 rural bank branches, ensuring insurancereaches remote areas.

SUD Lifefocuses on creating insurance products that meet different customer needsacross all segments of society. With our promoters' 100+ years of commitmentand combined strengths, we aim to become a leading name in India's lifeinsurance sector while delivering value to all stakeholders.

Establishedin 1902, Dai-ichi Life is the second largest life insurance company of Japanand is one of the top ten life insurers globally, renowned for sound productknowledge, superior asset management skills, and strong operationalcapabilities to manage life insurance businesses.

At SUDLife, our customers are our priority. We are committed to providing insuranceproducts that serve our customers’ unique needs across various strata ofsociety and geographies.

Thepromoters of SUD Life have a long-term commitment towards their customers andstakeholder. These strengths and values have been inherited by SUD Life, as wemake our way to becoming the next rising star in the Indian life insurancebusiness, promising exceptional value to all.

At Star Union Dai-ichi Life Insurance,we will ensure to nurture our people and provide opportunities to learn,succeed and build careers to the best of their abilities, thus creating andunlocking value for self, the organization, and the society at large.

About the Role

Responsibilities

• RiskAssessment /underwriting of medical and financial proposals
• Underwritingof Lapse Cases
• Assessmentof POS/Alteration of cases.
• Processingof Cases in STP QC Bucket

Skills

• Authorityof around 1-2 cr in Underwriting role for medical decisions
• Financialknowledge & Skillset
• Trackrecord for Risk Assessment of complex cases
• Problemsolving skills
• Proficientin Written and oral communication skills
• Workedon audit / compliance related interface as an Underwriting interface
• Termplan exposure and high value ticket Underwriting experience

Education

• Minimum of 5+ yrsexperience as Underwriter in LifeInsurance/Health/TPA industry/KPO/BPOindustry in Underwriting / Claims examiner roles

Job Snapshot

Job ID

20770

Department

Customer Onboarding & Claims

Location