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1 ACKO Senior Director Job

Senior Life underwriter (Director/Senior Director)

10-15 years

Bangalore / Bengaluru

1 vacancy

Senior Life underwriter (Director/Senior Director)

ACKO

posted 5d ago

Job Description

1. Own delivery of underwriting KPIs (Speed, Accuracy and Customer experience) for Life and Health LOB (Line of business)
  • Develop and implement underwriting strategies to achieve organizational goals and maintain a competitive edge in the market.
  • Collaborate with senior management to align underwriting practices with business objectives, risk appetite, and regulatory requirements.
  • Oversee the creation and refinement of underwriting guidelines, policies, and procedures.
2. Should be well versed with process documentation and identification of gaps in the process to fix, to be able to independently drive such initiatives from ideation to execution
  • Lead a team of underwriters, fostering a culture of excellence, continuous learning, and collaboration.
  • Monitor underwriting performance and establish metrics to assess profitability, risk exposure, and efficiency.
  • Ensure effective risk assessment practices across all life insurance products.
  • Stay abreast of industry trends, regulatory changes, and emerging risks to inform underwriting practices.
3. Develop and Lead the UW team, developing the culture of ownership and cohesiveness
  • Recruit, train, and mentor underwriting staff to build a high-performing team.
  • Provide ongoing coaching and feedback to enhance technical expertise and decision-making capabilities.
  • Promote diversity, equity, and inclusion within the team.
4. Liaise with external stakeholders including reinsurance representatives to drive organizational objectives
  • Work closely with actuarial, product development, and marketing teams to evaluate and launch new products.
  • Assess the risks and opportunities associated with innovative insurance solutions.
  • Ensure underwriting practices comply with regulatory standards and company policies.
  • Conduct regular audits to maintain high levels of accuracy and adherence to guidelines.
  • Collaborate with brokers, agents, and reinsurers to manage complex cases and maintain strong relationships.
  • Represent the underwriting function in meetings with internal and external stakeholders.

Employment Type: Full Time, Permanent

Read full job description

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What Senior Director at ACKO are saying

Senior Director salary at ACKO

reported by 6 employees with 8-12 years exp.
₹68 L/yr - ₹95 L/yr
31% more than the average Senior Director Salary in India
View more details

What ACKO employees are saying about work life

based on 496 employees
68%
71%
66%
97%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

ACKO Benefits

Submitted by Company
Cafeteria
Work From Home
Team Outings
Education Assistance
Soft Skill Training
Health Insurance +8 more
Submitted by Employees
Health Insurance
Work From Home
Cafeteria
Free Food
Job Training
Soft Skill Training +6 more
View more benefits

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ACKO Bangalore / Bengaluru Office Location

View all
Bengaluru/Bangalore, Karnataka Office
Headquarter
#36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout Bengaluru/Bangalore, Karnataka
560102

Senior Life underwriter (Director/Senior Director)

10-15 Yrs

Bangalore / Bengaluru

6d ago·via naukri.com
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