Designation Deputy Manager - Group Health Underwriter
Location Corporate Office \xe2\x80\x93 Mumbai
Reporting to Business Head \xe2\x80\x93 Health Insurance
Role and Responsibilities
Managing underwriting for group health
Responsible for review of group health products\xe2\x80\x99 RFQs received from partner brokers/agents/corporates.
Correct pricing of risk in accordance to Underwriting guidelines and principles.
Responsible for designing and pricing various affinity programs of group health as per the requirement and profile of for various channel partners.
Responsible to generate group health insurance business by analyzing and underwriting and negotiating various group health proposal while keeping the LR in check.
Responsible to track proposals, status and analyze the data and suggest changes in strategy to acquire greater market share as per the given condition.
Create and publish various trackers and MIS to higher management on monthly basis.
Analyzing the overall group health portfolio and proactively take corrective actions if required.
Assess risk based groups\xe2\x80\x99 health conditions. Prepare quotations for group policies, based on clients\xe2\x80\x99 requirements.
Provide Policy Issuance support to Ops and sales team for Group Health / UW Quotes.
Regular monitoring and claims analysis of Group Health business for the company.
Resolving queries of Sales and Marketing team for Group Health Businesses. The incumbent shall be responsible for timely providing underwriting support to various Sales/ Relationship Manager across channels and locations.
Continuous improvement of in house group Health underwriting calculator /rater basis feedback from claims / sales and Actuarial team.
Evaluate emerging trends, competition practices, formulate options and propose recommendations on guideline to senior management.
Undertake new products\xe2\x80\x99 development and regulatory filing to offer competitive solutions in market.
Requirement:
Should be a Team player Have good understanding of MS Excel including VBA and other underwriting tools.
Should have good knowledge on other MS Office Applications.
Qualification and competenciesGraduate+ with 4-5 yrs experience in group health preferably from General Insurance company/ Health insurer.