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
Mumbai
Poornata Position Number of the job
Reports to: Poornata Position Number
Poornata Position Title of the job
Reports to: Poornata Position Title
Function
Services Operations

Reports to: Function
Financial Service Operations

Department
Group Pricing

Reports to: Department
Group Pricing

Designation of the Employee
Team Member – Group Pricing

Designation of the Manager
Lead Group Underwriting
- Job Purpose: Write the purpose for which the job exists (in 2-3 lines)

The purpose of this role is lead the team to assess, evaluate and accept risk based on evidence submitted and to ensure that the same is executed within the risk acceptance parameters as defined.
- 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.

No. of quotes in a day





20-25

Underwriting Authority

Upto INR 5 Crore

TAT

2 working days

Conversion rate

5%

Retention rate

60%

U/W Authority of LR

100%
- 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 robust competitor. In addition to this the business dynamics are such that the overall market on an annual basis which is to the tune of roughly 10,000 Crs sees close to 85 % of the business renewing with the existing service provider itself. This narrows down the opportunity of the fresh business actually bein

📌 Sr Group Pricing Team Member (Maharashtra)
🏢 Aditya Birla Capital
📍 Maharashtra