Associate Vice President

Job Title :: Associate Vice President – Underwriting

Experience :: 10+ Years

Location: :: Navi Mumbai

Industry :: Life Insurance

Role Overview:

We are looking for an experienced underwriting professional with strong expertise in medical and financial underwriting, risk assessment, and high Sum Assured (SA) cases within the life insurance industry.

Key Responsibilities:

• Handle medical and financial underwriting of life insurance proposals within delegated financial authority limits of up to ₹2 crore.
• Conduct detailed risk assessments to ensure accurate and prudent underwriting decisions in line with established guidelines.
• Review high Sum Assured cases and refer them to reinsurers with the necessary documentation, risk assessments, and follow-ups on decisions.
• Assess medical history, financial eligibility, and other relevant risk factors while evaluating insurance proposals.
• Coordinate with regional underwriting teams, branches, IT teams, and reinsurers to ensure smooth and timely processing of cases.
• Ensure compliance with medical and financial underwriting guidelines, internal policies, and applicable insurance regulations.
• Support underwriting quality, risk control, and consistency in decision-making.

Key Requirements:

• Minimum 10 years of experience in life insurance underwriting.
• Strong hands-on experience in both medical and financial underwriting.
• Experience handling high Sum Assured cases and coordinating with reinsurers.
• Sound understanding of underwriting authority limits, risk assessment, and insurance underwriting guidelines.
• Strong stakeholder management, analytical, and decision-making skills.

Interested candidates can share their updated CV via direct message or email at [email protected]