Underwriter (1-4 Years)

Posted on 02-Nov-2017 by : Kotak Mahindra Old Mutual Life Insurance Ltd
Mumbai
Not Disclosed
Full-Time

Keyskills : Finance Financial Advisor Insurance


Job Summary

10 Openings
Finance & Admin
Insurance
Graduation

Job Description

  • Verify the findings generated by the automated underwriting system and additional conditions depending on underwriting guidelines and overall audit of auto underwriting cases with necessary feedback to relevant teams. Maintenance for data and generation of reports 
  • Submission of reports /MIS to reinsurance Referral of cases to reinsurance and negotiation for better reinsurance decisions 
  • Resolution of revival /Policy servicing requests from underwriting point of view 
  • Action on nondisclosure cases and coordination with departments on closing Non-disclosure cases 
  • Suggestion on process changes and maintenance of manuals


Roles & Responsibilities

    • Review individual/Group applications for insurance to evaluate the degree of risk involved and determine acceptance of applications. Underwriting applications within the Financial Limits allotted to the post and process applications of higher sum assured. Underwrite high-value proposals.
    • Following up with internal departments for closure on pending issues like RCU referrals, IT related issues.
       


Company Profile

Kotak Mahindra Old Mutual Life Insurance Limited is a joint venture between Kotak Mahindra Bank Ltd., and Old Mutual plc. It is a company offering Life Insurance products, is one of India�s premier & growing insurance company employing over 1000 people, across various offices in India.

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