Assistant Manager - Protection Underwriting

Axis Max Life Insurance Limited; Home (KS); On-site; USD 12,000 - 21,000; Full time

Job summary

Axis Max Life Insurance Limited seeks an Assistant Manager/Deputy Manager in Medical Underwriting at Gurgaon. You will appraise medical risks, evaluate test results, and underwrite new and existing business to determine insurability.

Role requires 5+ years in operations or related areas, with MBBS/B.Sc Nursing/Pharm/BPT/insurance qualifications preferred. You will handle complex cases and liaise with stakeholders for timely decisions.

Qualifications

• Graduate with 5+ years of experience in Operations or related areas.
• MBBS / B.Sc (Hons) in Nursing/B.Pharm/BPT/Insurance preferred.
• For lateral movement, candidates should meet minimum role tenure and performance ratings as specified.

Responsibilities

• Appraise medical risks for life insurance applications using age, occupation, medical history and other factors.
• Assess adverse medical findings requiring medical opinion for acceptance/rejection of coverage.
• Evaluate medical condition and analyze applicant test results.
• Underwrite new and existing business.
• Recommend, accept, or reject coverage within underwriting policy limits.
• Handle routine, non-routine, and renewal cases.
• Refer difficult cases to superiors and summarize financial documents.

Skills

Strong communication

Analytical skills

Attention to detail

Coordination

Technical skills

Education

MBBS / B.Sc (Hons) in Nursing/B.Pharm/BPT/Insurance

Tools

MS Office

MS Excel

MS PowerPoint

Job description

Position

Assistant Manager/Deputy Manager - Medical Underwriting

Department

Operations

Function

Underwriting

Reporting to

Manager

Band

5A/5B

Location

Gurgaon

• Appraise medical risks for life insurance application using factors such as age, occupation, medical history, financial standing and other relevant conditions that determine insurability
• Appraise level of risk involved in applications with adverse medical findings where medical opinion or decision is necessary for acceptance/rejection of insurance coverage
• Evaluate medical condition and analyze the test results of the applicants
• Underwrite new and existing business
• Recommend, accept, reject insurance coverage within limits set in the underwriting policy
• Handle routine and non-routine and renewal cases
• Refer difficult cases to superiors
• Assessing financial documents and summarize the same.

Measure of Success:

• Ensure adherence of accuracy and TAT for underwriting of proposals
• Adhere to all regulatory requirements and reports exception.
• Lead team of motivated professionals aligned to company goals
• Manage internal and external stakeholders in terms of CSAT and DSAT.

Desired qualifications and experience:

• Graduate with 5+ years of experience in Operations or related areas
• MBBS / B.Sc (Hons) in Nursing/B.Pharm/BPT/Insurance Qualified preferred

ELIGIBILITY CRITERIA

• Candidates who have a performance rating of G2M2 & have completed 12 months in the current role
• Candidates who have a performance rating of G3M3 & have completed 18 months in the current role
• FOR LATERAL MOVEMENT, candidate should have completed atleast 12 months in the current role & have
• minimum performance rating of G3M3

Knowledge and skills required:

• Strong communication skills
• Strong GO / HO process knowledge
• Eye for detail
• Good co-ordination skills
• Good Analytical Skills
• Computer knowledge (MS Office, MS Excel, MS Power Point) and Technical skills