Synergix Services Private Limited

About the Company

Accurately and efficiently classify the mortality risk for proposed insureds within approval authority limit. Demonstrate advanced comprehensive medical knowledge and industry expertise to accurately assess cases. Responsible for assessing an applicant’s risk profile holistically, rather than an aggregation of individual risk factors. Expected to provide well-informed decision recommendations with the ability to engage with the Medical Director and Asst. Manager on high level case discussions.

? We’re Hiring | Senior Life Underwriter ?

We are looking for an experienced Senior Life Underwriter to join our team in Mumbai/Thane.

? Role: Senior Life Underwriter

? Experience: Relevant experience in Life Insurance Underwriting

? Location: Mumbai / Thane

? Key Requirement – Certification

We are specifically looking for candidates who hold or are currently pursuing any of the following:

✅ FLMI (Fellow, Life Management Institute)

✅ AALU / FALU

✅ Certified Professional Underwriter

Responsibilities

- Maintain a strong working knowledge of the company’s administrative systems, product knowledge, Underwriting Guidelines and medical factors impacting mortality and morbidity.
- Assess potential risks to determine appropriate risk classification utilizing actuarial data, reinsurance guidelines, relevant statistics, and personal judgement within established authority limits, ensuring necessary referrals are completed in accordance with company policy.
- Participate in on-going medical, financial, soft skills, and leadership training.




- Communicate with stakeholders regarding application status, additional requirements needed, input errors, and required corrections, Reinsurance offer details and requirements, reconsideration questions, appeal requests, and the final underwriting decision and associated reason/s.
- Participate on projects where the Senior Underwriter's experience in underwriting, customer relations, and interdepartmental knowledge would benefit (such as training initiatives, workflow and systems improvements, Best Practices meetings, etc.).
- Accurately classify the mortality risk of cases up to $500,000.
- Ability to collaborate with reinsurers to negotiate the placement of cases exceeding the company’s binding authority or outside of the company’s risk tolerance.
- Manage referrals from Associate Underwriter's for substandard and decline cases.
- Participation in strategic discussions related to underwriting (the company as a whole) and offer valuable insight and suggestions.
- Adhere to and enforce compliance with all laws, regulations, policies, and standard operating procedures.
- Any other duties as assigned.

Required Skills

- Knowledge of and adherence to industry standards
- Working knowledge of treaties associated with plans
- Negotiation skills




- Ability to work independently with fact-based support for decisions
- Detail oriented
- Ability to multi-task and work seamlessly under pressure
- Strong verbal and written communication
- Strong customer service skills

Preferred Skills

- Time service – achieve turnaround time of 72 hours or less per recent business and five business day turnaround on reinstatements
- Speed and Efficiency – ability to review 15+ new cases per day along with 15 or more follow-up cases
- Accuracy – includes second checking cases as needed and assessing higher risk individuals
- Ability to create alternative ways for future client placement
- Ability to balance risk finding and premium income during assessment phase
- Explicit and concise case documentation
- Consistently returning quality decisions for approvals, reasons for decline/postpone or substandard cases with the appropriate correspondence
- Demonstrated expertise in the utilization and understanding of underwriting software, insurance databases and other tools to assess risk
- Expert in adopting a strategic, holistic approach when making offers, considering the interest of all stakeholders while adhering to regulatory, industry and company standards.
- Training and education to maintain 50 CE certification credits as per ALU/AHOU/CIU standards
- Remain abreast of advancements and trends within the industry and the underwriting field.

Please share your details with us: - [email protected] Total Years -

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Expectation CTC-

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📌 Senior Life Underwriter (Thane)
🏢 SynergixServ Private
📍 Thane