Deputy Manager - Group Health Underwriter, Mumbai

Job Description:

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 new products’ development and regulatory filing to offer competitive solutions in market.

Requirement:

• Should be a Team player Have good understanding of MS Excel including VBA and other underwriting tools.
• Should have good knowledge on other MS Office Applications.

Qualification and competencies

Graduate+ with 4-5 yrs experience in group health preferably from General Insurance company/ Health insurer.