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Affinity Underwriter - Leading General @ RightMatch HR Services

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 Affinity Underwriter - Leading General

Job Description

    Company: Leading General Insurance firm.

    Role: Affinity Underwriter.

    Experience: 2+ years of relevant experience in Group Health Underwriting is a must.

    Location: Mumbai.

    Work day: 5

     

    We are looking for experience Group Health Underwriters from General or Health Insurance companies who are interested in transitioning to an Affinity Underwriting role.

     

    Role & Responsibility:

    Driving underwriting strategy formulation and setting up of processes for the function.

    1. Preparation of product policy wordings, underwriting guidelines, rating structure & schedule & other relevant documents for filing of products with IRDA.

    2. Interacting with Marketing, Claims, and Actuarial Team for review/follow up and finalizing underwriting guidelines for all products.

    3. Coordinating with technology teams to maintain the system && new requirements.

    4. Product development as per customer requirements, market research and improve the effectiveness of existing products.

    5. Contributing in the growth of the business by regular interactions with brokers and Intermediaries.

    6. Analyzing the performance of general insurance products on regular intervals and taking proactive actions to control & normalize the portfolio in consultation with sales and claims team.

    7. Developing a monitoring system for underwriting control, enforcement of risk acceptance discipline.

    8. Preparing reports for the Management Committee on regular intervals on the performance of product portfolio and fine tune operations as per the business requirement.

    9. Analysing incurred claims ratio, review of portfolio and taking proactive action for loss control measures.

    10. To classify the risks into acceptable and unacceptable categories and communicate the declined risks list in each line of business. To arrive at an acceptable portfolio mix, between Low, Medium and High Hazard Risks.

    11. Quality and timely response - Adherence to TAT for quote submission and quality.

    12. Providing technical leadership, direction, governance, challenge, support, guidance and advice to Sales and Underwriting colleagues to deliver market-leading products, secure profitable business and develop the underwriting function in line with the global Underwriting strategy.

    13. Developing and implementing initiatives to manage loss ratio Developing tools to monitor and subsequently monitor.

    Please note: The above-mentioned description is just a gist of the profile. Detail discussion will happen at the time of Personal round of discussion.

    For any further queries kindly feel free to contact co.in/ +hidden_mobile.

Employement Category:

Employement Type: Full time
Industry: Insurance
Role Category: Risk / Underwriting
Functional Area: Not Specified
Role/Responsibilies: Affinity Underwriter - Leading General

Contact Details:

Company: RightMatch HR Services
Location(s): Mumbai

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Keyskills:   accident health underwriting group personal underwriter

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RightMatch HR Services

RightMatch HR Services Pvt. Ltd. is a leader in Human Resource Solution Services. We are an Executive Search firm specializing Middle to Senior level recruitments in BFSI domain.

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