Team Member Group Pricing

Job highlights

• Describe the nature and purpose of most important contacts or relationship (except superior / team members) with individuals,departments,organizations inside and outside of the organization,that job is required to interact with in order to deliver the job objectives .

• A Comprehensive Incentivized Wellness Program that will attract the young and health conscious and will motivate, guide and reward them to stay healthy

• A Chronic Care Management Program to cater to the unmet needs of a growing Indian population of those suffering from chronic lifestyle conditions like Diabetes, Asthma, High Cholesterol and Hypertension from Day 1

• ABHICL serves as an enabler and influencer of health and healthcare choices that customers make, in addition to being a payer of healthcare expenses. Thus, ABHICL would act like a much needed catalyst to grow the prevalent health insurance landscape in India through product innovations and a wider choice of consumer relevant products.

• ABHICL s vision has always been digital. The company has been successful in adopting paperless approach right from identifying to onboarding to delivering seamless experience of its customers & employees.

Key Challenges for the role:

• Group Underwriting pricing depends significantly on previous trends however in absence of an industry benchmark, while taking the policy most of the companies doesn t furnish detailed information. Hence decision making depends significantly on negotiations and approximations.
• Different clients have different employee base and the data formats are not uniform. Ensuring uniformity in quality & maintain TATs of Underwriting decisions hence becomes a challenge
• Frequent changes / modifications in compliance and regulatory requirements involves elaborate changes in policies, procedures and standards
• Clients are not much knowledgeable about the wellness offerings, hence creating by in for additional pricing poses challenge.
• Pricing of the policies in competitive market to build up topline & at the same time, maintaining profitability
• Structure the offerings which would be and value enhancers and create impact in the market
• Meeting varied client s expectation in terms of solutions, pricing and operational support

4. Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4 7 key result areas)

Key Result Areas

Supporting Actions

Functional Area

• Key Responsibilities

Role Summary

• Provide strategic leadership in underwriting operations ensuring timely, accurate, and compliant decisions within defined TATs. Drive zeroerror quality , strong stakeholder management , and continuous process improvement aligned with business and regulatory goals.

Underwriting Goverce & Decision Excellence

• Deliver quick, accurate, and compliant underwriting decisions within authority limits while meeting TAT benchmarks Recommend decisions beyond authority with strong risk and compliance rationale Ensure errorfree outputs and audit readiness Manage escalations with timely and structured resolution Review team decisions for quality, consistency, and TAT adherence

Stakeholder Management & Business Alignment

Act as a central liaison between underwriting, sales, risk, compliance, and operations Ensure clear communication and expectation alignment across stakeholders Balance business growth with risk discipline Align underwriting practices with market trends and competitive benchmarks

Quality Assurance, Compliance & Risk Control

Establish and drive robust quality control mechanisms ensuring minimal errors Ensure strict adherence to regulatory and internal compliance frameworks Identify risk patterns, deviations, and control gaps Foster a culture of accuracy, accountability, and continuous improvement

5. Job Purpose of Direct Reports: Describe the job purpose of the direct report/s to the job (in 23 lines for each report)

Junior Underwriter Group

The role will be responsible for underwriting the assigned cases as per assigned limits within the defined timelines.

6. Relationships: Describe the nature and purpose of most important contacts or relationship (except superior/team members) with individuals, departments, organizations inside and outside of the organization, that job is required to interact with in order to deliver the job objectives Relationship Type Frequency Nature

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.