Basic Details: Fill the required information about business, unit, location, position, reports to position and date of updation of JD

Business
Health Insurance
Unit
Aditya Birla Health Insurance Company Ltd
Location
Goregaon , Mumbai
Poornata Position Number of the job

Reports to: Poornata Position Number

Poornata Position Title of the job

Reports to: Poornata Position Title

Function
Underwriting
Reports to: Function
Underwriting
Department
Underwriting
Reports to: Department
Underwriting
Designation of the Employee s
OUW7 Underwriter -
Retail
Designation of the Manager
OUW5 Senior Underwriter -
Retail
Date of writing/updation of JD
17/1/2018

1) Job Purpose: Write the purpose for which the job exists (in 2-3 lines)
The role is required to carry out the operational tasks for the assigned retail underwriting policies by acting prudently in all aspects while accepting risk.

2) Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job.
Products Underwritten




Retail Health Indemnity, Personal Accident, Critical illness, hospital cash. Scope would include Retail Travel products, Loan-base products for Banca partners.
Underwriting Authority
Upto INR 3 Crore
UW decision TAT
UW decision to be given in 2 working days & to reduce TAT to 1 working day till next FY
Adherence to guidelines
Regular study of UW guidelines & ensure 99% accuracy in decision making

3) Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section
About the Health Insurance Industry –

While the current market sees more than 15 non-life players in the private space and 5 exclusive private players in the health insurance space trying to capture a sizable market share, the nationalized service provider (6) remains a solid competitor. In addition to this the busine

📌 Team Member (Thane)
🏢 Financial services
📍 Thane