Job Description
- Designation Deputy Manager - Group Health Underwriter
- Location Corporate Office – Mumbai
- Reporting to Business Head – Health Insurance
Role and Responsibilities
- Managing underwriting for group health
- Responsible for review of group health products’ 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’ health conditions. Prepare quotations for group policies, based on clients’ 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 recent products’ development and regulatory filing to offer competitive solutions in market.