Position: Data Modelling Specialist - Underwriting

Designation: Chief Manager

Department: Data Science

Reporting To: Vice President

Work Location: Corporate Office, Goregaon East, Mumbai

Objective of the Role To develop, maintain, and enhance predictive data models that support underwriting decisions, improve risk assessment accuracy, automate underwriting processes, and strengthen portfolio quality. The role will leverage statistical modeling, machine learning, and advanced analytics to enable data-driven underwriting and risk management within the life insurance business.

Key Responsibilities

Responsibility

Weightage

Design, develop and validate underwriting risk models using internal and external data sources

25%

Build predictive models for mortality, morbidity, fraud detection, early claims indicators, and customer risk segmentation

20%





Analyze underwriting portfolio trends and identify emerging risk patterns to support underwriting policy decisions

15%

Develop scorecards and risk-based underwriting frameworks to improve decision consistency and turnaround time

15%

Partner with Underwriting, Actuarial, Data Engineering, Technology, Claims, and Risk teams for model deployment and monitoring

10%

Monitor model performance, calibration, and governance requirements, including periodic validations and documentation

10%

Support automation and AI/ML initiatives for digital underwriting and straight-through-processing (STP) enhancement

5%

📌 Data Modelling Specialist - Underwriting - Mumbai (Goregaon East - HO)
🏢 Kotak Life Insurance
📍 Mumbai