To lead the medical underwriting function by ensuring accurate assessment of medical risk, driving underwriting quality, improving turnaround times, optimizing portfolio profitability, and partnering with business teams to support growth while adhering to regulatory and company guidelines.
What does the job entail?
- Oversee underwriting of high-value and complex life insurance cases.
- Provide medical underwriting decisions for cases exceeding standard authority limits.
- Evaluate medical evidence, laboratory investigations, and physician reports to determine mortality and morbidity risks.
- Recommend acceptance, postponement, ratings, exclusions, or declinatures as per underwriting guidelines.
Work Experience
- Monitor underwriting quality, consistency, and risk appetite adherence.
- Analyze claims experience and underwriting outcomes to identify trends.
- Drive portfolio profitability through effective risk selection.
- Ensure compliance with internal underwriting policies and regulatory requirements.
- Partner with distribution, operations, reinsurers, claims, and actuarial teams.
- Provide underwriting support to sales teams for large and strategic cases.
- Participate in discussions with reinsurers for facultative underwriting cases.
- Resolve escalations and support business growth initiatives.
Essential Qualification
- 10–15+ years of experience in life insurance underwriting.
- Solid exposure to medical underwriting and complex risk assessment.
Preferred Skills
- Experience in managing underwriting teams and authority-based decision making.
- Prior interaction with reinsurers and actuarial teams preferred.