Add office photos
All Filters
268 Bajaj Allianz General Insurance Jobs
Assistant Manager Retail Health Underwriter
3-8 years
Chennai
1 vacancy
Assistant Manager Retail Health Underwriter
Bajaj Allianz General Insurance
posted 14d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Risk Assessment
- Conduct assessment of risk parameters associated with various health products as per defined underwriting guidelines to ensure coverage of future liabilities and minimization of loss ratios for BAGIC s retail health business.
- Provide underwriting inputs for the allocated region, review all escalation cases, legal cases and customer walk-ins.
- Monitor the TAT of local underwriters and the performance of various intermediaries in the region.
- Audit for a proportionate inflow of retail underwriting health business from new claims, renewals and portability claims and effectively manage risks by flag out deviations
- Ensure that there is no straight pass provided for every case where there is a health declaration
- Relationship Management:
- Actively engage the intermediaries to maintain profitable working relationships and stay abreast of the latest developments in the sector.
- Interact with internal stakeholders (Sales channels, Claims, Operations etc.) for back office support, to discuss various health products and risks that can be undertaken in compliance with regulatory requirements and to understand system performance feedback, claims experience of customers.
- Train the internal teams/IMDs on underwriting guidelines, processes on a periodic basis
- Audit, Review & Reporting
- Audit 20% of the cases on a daily basis to ensure adherence to underwriting guidelines and SOPs
- Review defined metrics periodically and strategize to take appropriate actions in case of any irregularity or variance in the performance.
- Share periodic reports on product, IMD and claim performance with the Head Health underwriting
- Monitor adherence of various processes in health underwriting to ensure compliance with regulatory requirements.
- Team Development
- Allocate work tasks daily amongst the team members and maintain a roster for the same.
- Participate in monthly and quarterly reviews with the function head and own team.
- Participate in the selection process to identify the right talent for various positions within the regional Underwriting team.
- Provide technical expertise to the team members and enable them to enhance their underwriting skillset; additionally delegate tasks and create development opportunities for team members to enhance domain knowledge and expertise.
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Assistant Manager Retail roles with real interview advice
People are getting interviews at Bajaj Allianz General Insurance through
People are getting interviews through
(based on 58 Bajaj Allianz General Insurance interviews) What people at Bajaj Allianz General Insurance are saying
What Bajaj Allianz General Insurance employees are saying about work life
Bajaj Allianz General Insurance Benefits
View more benefits
Compare Bajaj Allianz General Insurance with
ICICI Lombard General Insurance Company
HDFC Ergo General Insurance
Reliance General Insurance
Tata AIG
United India Insurance Company
National Insurance Company
The New India Assurance Co.
Star Health & Allied Insurance
Future Generali India Life Insurance
SBI General Insurance
HDFC Life
ICICI Prudential Life Insurance
Max Life Insurance
Bajaj Allianz Life Insurance
SBI Life Insurance Company
Tata AIA Life Insurance
Kotak Mahindara Life Insurance
PNB MetLife
Reliance Nippon Life Insurance
Aditya Birla Sun Life Insurance
Similar Jobs for you
