Purpose of Role: The role will be responsible for all Group Underwriting deliverables, directing and managing the team, ensuring a profitable and healthy risk portfolio health by leveraging business channels to achieve an ideal portfolio mix and supporting the sales functions in achievement of top line as well as bottom line business targets including self-validation limit for underwriting
Education: Graduates in any stream, preferable in specialize in Finance & accounts/ MBA Finance
Work Experience: Minimum 2 years in group underwriting
Ensuring uniformity in quality & maintain TATs of Underwriting decisions.
Frequent changes / modifications in compliance and regulatory requirements involves elaborate changes in policies, procedures and standards.
Knowledge of Group Underwriting
Works on projects / matters of limited complexity in a supporting role.
Handling Sales / branch queries preferred along with cross functional stake holder management.
Ensure speedy processing of cases from all branches.
Responsible for conducting end to end management in terms of adhering to the TAT agreed and compliance of rules and regulations of IRDA and ensuring there is no breach in the process, so as to ensure smooth completion of the IRDA Audits.
Completing ISO documentation procedure and being responsible part of the ISO Internal and External Audits.
Monitoring the policy records for the Policies issued.
Quality check for quotes released (as per authority limits) and policies issued.
Monthly Audit of policies issued.
Health Insurance domain knowledge.
Good in MS Office (Excel).
Strong analytical skills.
Detail-oriented work style.
Effective written and verbal communication skills.
High on achievements and should have strong domain skills in administering this role in accordance with the Organization expectation.
Training the other stake holders on Underwriting guidelines within the organization
Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 187 years old global insurance group featuring among the world’s 60 largest companies*.
The company was incorporated in September 2007 with the objective of providing retail, commercial, personal and rural insurance solutions to individuals and corporates to help them manage and mitigate risks.