JOB DESCRIPTION POSITION Senior Manager - Underwriting DESIGNATION Senior Manager POSITION GRADE L4 JC CODE JOB1705 DEPARTMENT Underwriting (Operations) REPORTING POSITION Assistant Vice President WORK LOCATION Goregaon (East), Mumbai. Corporate office KEY RESPONSIBILITIES Weightage .Risk assessment and placement of profitable lives on the company books .Ensure due diligence in underwriting practices and risk evaluation to ensure mortality assumptions are on track .Evaluate emerging trends, competition practices, formulate options and propose recommendations on guideline to senior management .Reinsurance portfolio management, maintain relationship with reinsurers for high value cases .Drive initiatives related to Underwriting Management in line with Organization\'s functional strategy. .Supervise and review procedures and ensure for compliance in line with IRDA, Internal guidelines, reinsurance requirements .Internal & External audit management of the specific underwriting portfolio .Drive initiatives related to Underwriting Management in line with Organization\'s functional strategy TOTAL 100% REQUIRED QUALIFICATION AND SKILLS Qualification: Medical/Para -medical background will be preferred Work experience in years: 5 years + in life insurance underwriting Experience in Managing/Underwriting Minimum Sign off limit - 1cr or 10 million INR Skills / experience required
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