Assistant Manager Underwriting

3 - 5 Years
Gurgaon

Job Description

Position Summary:
This person will be responsible for managing the underwriting of new and renewal business for DPLI.

Key Responsibilities

The person shall be responsible for the following:
1. Managing the underwriting department operationally and execute the underwriting processing plan for DHFL Pramerica, involving

Inbound cases: Dialogue on a daily basis with the Ops resource, the inflow volumes, frequency
Outbound cases: Dialogue on a daily basis with the DPLI Underwriting and Ops teams. Able to partner with sales and other external stakeholders
Monitor the pending cases for want of requirements & their ageing in terms of volumes and value.
Able to give expert opinion on Medically adverse cases and interpret TMT and ECG reports

2. Be able to actively contribute to the underwriting strategy and its implementation & monitoring at regular intervals. Hence be able to contribute and participate in the audits by IRDA, reinsurers, Prudential and internal audits

3. To contribute in the training of junior underwriters and any other internal stakeholder if required.

Publish the production across channels and internal departments of DPLI to internal stakeholders to reflect control & maintenance on the SLAs
Internal stakeholder communication: Develop and execute communication plan and engagement programmes for employees and distribution partners to share the maximum reasons for processing delays and methods to address the same so that the production can improve.
Take regular inventory of the orphan requirements & proposals pending requirements to address the same & if required convert them into agent/distribution actionable.
Take regular inventory of cases pending requirements, mapping versus ageing and taking appropriate call.

4. Call center /NB support: Support the call center/ NB with the information desired for query resolution & proposal /policy status through

Ensuring that every stage of processing is captured manually /in the policy admin system
Customer meets: Recognize and create brand loyalty among HNI customers through differentiated servicing standards for HNIs.

5. Others: Will be responsible for tracking industry trends and competition activity; and generation of new processing ideas. Will also ensure compliance of all Operations material as per IRDA guidelines.

Job Specifications:
Qualifications:
Medical Graduate (M.B.B.S) & preferably a licentiate of III
Experience:
Overall 3-5 years work experience in a life/health insurance underwriting role.

Key Core/ Behavioral Competencies:
Strong communication skills: Ability to express ideas clearly and persuasively, to sell decisions to sales, reinsurers and CMO
Planning and Organization: Effectiveness in planning and organizing activities of himself
Energy: Ability to maintain a high activity level

Salary: INR 4,00,000 - 7,00,000 P.A.

Industry:Insurance

Employment Type:Permanent Job, Full Time

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Education-

UG:MBBS - Medicine

Company Profile

DHFL Pramarica Life Insurance Company

DHFL Pramerica Life Insurance Company Ltd. (DPLI) is a joint venture between DHFL Limited and Prudential International Insurance Holdings, Ltd. (referred to hereafter as 'PIIH'). PIIH is a fully owned subsidiary of Prudential Financial, Inc. (referred to hereafter as 'PFI').
View Contact Details+

Recruiter Name:Shivani

Contact Company:DHFL Pramarica Life Insurance Company

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