Deputy Manager - Protection Underwriting

Axis Max Life Insurance Limited; Home (KS); On-site; USD 8,300 - 12,000; Full time

Job summary

Axis Max Life Insurance Limited is seeking an Assistant Manager/Deputy Manager - Medical Underwriting in Gurgaon. The role sits in Operations and focuses on underwriting medical risks, evaluating medical information, and underwriting new and existing business under policy guidelines.

The incumbent will appraise risks, handle routine and renewal cases, refer complex cases to superiors, and ensure accuracy and timely processing in line with regulatory requirements.

Qualifications

• Graduate with 5+ years of experience in Operations or related areas.
• MBBS / B.Sc (Hons) in Nursing/B.Pharm/BPT/Insurance qualification preferred.
• Strong communication, GO/HO process knowledge, and analytical skills.

Responsibilities

• Appraise medical risks for life insurance applications 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.

Skills

Communication

GO/HO processes

Attention to detail

Coordination

Analytical skills

MS Office

MS Excel

MS PowerPoint

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 UnderwritingNo. Of Positions

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