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ICICI Prudential Life Hiring for Assistant Manager – Central Underwriting Job at Mumbai Full Time
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Department: Underwriting
Reporting to: AVP/ Chief Manager/ Senior Manager Underwriting
Role: Manager Underwriting
Teams Size: up to 7
Purpose: To underwrite, and manage underwriting for a business channel with efficiency, in a risk calibrated manner. The role holder also strives to implement best in class processes & systems and provide a seamless risk calibrated underwriting experience
Job Description:
Proficient in medical and financial underwriting of life, health and group insurance proposals
Drive KPIs like productivity improvement, efficiency in Issuance Percentage, Reduction in additional requirement, minimising revenue leakages & improvement in overall quality of business
To train new underwriters to improve their underwriting skills
To handle the volumes and process in view of seasonal business peaks and also unpredictable regulatory & sales behaviours
Manage relationship with reinsurer, Operations & other internal teams and strike a good balance of risk and customer convenience
Engage with internal and external partners to prevent various kind of frauds that are prevalent in the marketplace
Minimise Risk leakages through both automated as well as the manual underwriting by constant vigilance & update of all the related micro processes
Experience:
A minimum of 4 6 years experience in medical, financial underwriting of life insurance proposals
Handling a team of underwriting specialists
Managing business stakeholders to drive functional KPI