BriefCase
BriefCase

Senior Manager Underwriting Job in Idbi Federal Life Insurance

Senior Manager Underwriting

Idbi Federal Life Insurance 4+ weeks ago
Apply Now
Job Summary
  • Underwrite life insurance applications for Individual including online term, Credit and Group plans
  • The NB applications against which a requirement letter need to be raised
  • The applications which require manual underwriting by virtue of the nature of product
  • The policies with alteration requests with respect to plan details
  • Revival cases
  • Report suspicious transactions to Risk and Compliance team
  • Coordinate with channel and NB team to ensure complete and correct medical reports in the timeline defined
    • Support the Claims team for investigation of the claims involving Medicals and underwriting inputs on the same.
    • Provide the required data, justifications and underwriting inputs for cases raised by compliance under AML
    • Ensure timely & accurate generation of  MIS Reports as per pre defined frequency for internal teams & external stakeholders like IRDA for Decline Life Database
  • Complaints & escalations resolution as per TAT
    • From sales channels, customers through C2S2, Uwsolutions and UW helpdesk
    • IGMS queries
  • Management and Underwriting life insurance applications above Auto acceptance limits of IDBI Federal and then referred to reinsurers for their decision.
  • Management of applications within our Auto acceptance would also be referred to reinsurer for their Medical or Financial Opinion
  • Monthly collation of the data for the placed cases with the reinsurer and sharing of the same with them as well as internal teams
  • Liaison with the Reinsurer for New & Existing product  updating and revision
  • Auto Underwriting rule enhancement to improve upon the rework
  • Trace query login for system improvement on better deliverables
  • Quality Check for Auto Pass applications as a part of risk mitigation measure at underwriting
  • Internal Training Conducting training for underwriting team on new product launch, case studies & guideline change
  • External Training Conducting Alpha & Beta star training for sales force

    • Qualification :
  • MBBS / Pharma Graduate with 10 years of experience
      •
      Experience Required :

      Fresher

      Vacancy :

      2 - 4 Hires

      Similar Jobs for you

      See more recommended jobs