Associate / Senior Associate - Underwriting | Star Union Dai-ichi Life Insurance Company Limited
Experience required : 0 - 5 yearsLocation: Navi Mumbai.
Job description
Responsibilities :
- Zonal Underwriting of Medical and Non-Medical cases as per the underwriting guidelines.
- Assessment of risk as per the company's philosophy and supporting guidelines.
- Ensure Adherence to agreed TAT while processing of cases.
- Maintaining the quality of underwriting decisions through regular quality check, feedback & risk management.
- Regular Analysis of various data (Claims & Fraud Risk) and presenting the same to the top management.
- Ensuring adherence to internal guidelines, reinsurance and maintain uniformity in underwriting decisions.
- Active participation in the revision of underwriting guidelines and processes.
- Responsible for outlining the approach to the handling of HNI customers across various touchpoints.
- Liaise with various stakeholders - Sales, Actuary, Product, NB & Branch Operations on designing service differentiation architecture.
- Handling of Grievance /escalated cases promptly.
- Ensure Compliance with regulatory & legal framework.
- Identifying impersonation, Non-disclosure, suspicious transactions & reporting the same.
Education & experience required :
B. Pharma Graduate - Freshers & Experienced both
About the Company
Bank of India and Union Bank of India, two leading Public Sector Banks in India and the Dai-ichi Life Insurance Company Limited, a leading Japanese Company in the Life Insurance market, have floated a Joint Venture Company, "Star Union Dai-ichi Life Insurance Co. Ltd." for undertaking Life Insurance Business in IndiaThe Company has been incorporated/registered with the Registrar of Companies, Maharashtra on 25th September 2007. The Company has been issued the license for undertaking the life insurance business in India by the Insurance Regulatory and Development Authority of India (IRDAI) on 26th December 2008. The Company has the best insurance, IT, finance and investment resources to ensure that it soon earns a prominent position in the insurance sector.
The Company has a capital stake of 30% by Bank of India, 26% by Union Bank of India and 44% by Dai-ichi Life Insurance Co. Ltd. The Company has authorized capital of Rs. 3250 Crores.
Star Union Dai-ichi Life Insurance Co. Ltd., with the strength of the domestic partners in the Indian Financial Sector coupled with the Dai-ichi Life's strong domain expertise is expected, to be a strong player in the Indian Life Insurance market in a short time. The Company offers various products to serve all strata of society.
Post a Comment