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421 Bajaj Allianz General Insurance Jobs

Senior Executive Health Underwriting

3-8 years

₹ 5.8 - 5.6L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Lucknow

1 vacancy

Senior Executive Health Underwriting

Bajaj Allianz General Insurance

posted 3d ago

Job Description

  1. 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

  1. 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

Employment Type: Full Time, Permanent

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What people at Bajaj Allianz General Insurance are saying

4.0
 Rating based on 113 Senior Executive reviews

Likes

Work life balance

  • Salary - Good
  • +5 more
Dislikes

No job security

  • Job security - Bad
Read 113 Senior Executive reviews

Senior Executive salary at Bajaj Allianz General Insurance

reported by 371 employees with 1-11 years exp.
₹3.5 L/yr - ₹7.2 L/yr
At par with the average Senior Executive Salary in India
View more details

What Bajaj Allianz General Insurance employees are saying about work life

based on 2.4k employees
57%
45%
53%
99%
Flexible timing
Monday to Friday
Within city
Day Shift
View more insights

Bajaj Allianz General Insurance Benefits

Health Insurance
Job Training
Soft Skill Training
Work From Home
Team Outings
Cafeteria +6 more
View more benefits

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