Job Description

###

About Axis Max Life

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited ("MFSL") and Axis Bank Limited.


Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.


Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Job Title: Assistant Manager - Protection Underwriting


Company Name: Axis Max Life Insurance




:


The Assistant Manager - Protection Underwriting will be responsible for evaluating and managing the underwriting processes associated with life insurance policies. This role involves assessing risk and determining the pricing and terms of insurance applications to ensure they align with the company's risk appetite and underwriting guidelines. The candidate will collaborate closely with sales teams and act as a subject matter expert in risk assessment. Additionally, the role includes mentoring junior underwriters, participating in the development and implementation of underwriting policies, and ensuring compliance with regulatory requirements. The Assistant Manager will also analyze underwriting data and trends to recommend improvements in processes and practices.



Key Responsibilities:


Review and assess life insurance applications to determine the insurability of applicants. Analyze medical and financial information to make informed underwriting decisions. Collaborate with sales teams to provide support and guidance on underwriting queries. Mentor and train junior underwriting staff to enhance their skills and knowledge. Ensure compliance with industry regulations and company policies throughout the underwriting process. Prepare reports on underwriting performance and suggest improvements where necessary. Stay updated on industry trends, regulations, and best practices in underwriting.


Skills and Tools Required:


Strong understanding of underwriting principles and practices in the insurance industry. Proficient analytical skills to assess risk factors from various sources of information. Excellent communication skills, both verbal and written, for effective collaboration. Ability to work in a fast-paced environment while maintaining accuracy and attention to detail. Familiarity with underwriting software and tools used in the insurance sector. Strong problem-solving skills and the ability to make decisions independently. Knowledge of health and financial underwriting principles. Proficiency in Microsoft Office Suite, particularly Excel for data analysis.


Qualifications:


Bachelor's degree in a relevant field (e.g., Finance, Insurance, Business). Previous experience in protection underwriting or related roles within the insurance industry is preferred. Professional certification in underwriting (e.g., life insurance underwriting certification) is a plus.


The ideal candidate will possess a strong work ethic, a proactive approach, and the ability to contribute effectively to team objectives while providing high-quality service to clients and stakeholders.

State

Home Office

Branch

Gurugram -90C

Department

Underwriting and Claims

Function

Underwriting - Protection Production

Posted On

11-Dec-2025