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Underwriting Manager

Thane, Maharashtra

Kotak Mahindra Life Insurance

Job Description

Underwriting of medical and non-medical proposals received
Generation of MIS on required dates
Co-ordination with IT to get data
Recommendation and summary of MIS in specified formats
Data sent to IRDA
Resolution of queries with TAT
Generation of FAQ to be put up on My Kotak Life
Addressing High value cases
Monitoring policy servicing TAT
Lapsation, assignment, alternation in plan taken and documents submitted
To deliver Re-insurance underwriting decisions with greater accuracy and within the assumed TATs of 5 days.
Navigating and monitoring the flow of cases.
To effectively monitor the placement of reinsurance cases and ensure that cases that need to be reinsured are not missed out
To co-ordinate with PERM for designing new reinsurance process
Accuracy in the data entry of underwriting decisions
Training of BOE, CSD & Sales
Coordinate with reinsurer for group proposals for new groups.
Monitor referrals of high sum assured group cases to reinsurers
Accuracy for financial aspects of underwriting
Providing the empanelment of doctors with requisite stationery and payment for services provided
Risk Checks for empanelled doctors
To document all the departmental functional activities, general norms and regulations followed for Underwriting the line of Business procured and to regularly update the same.
Designing Audit module and process
Carrying out the Audit
Matching Underwriting decisions with Re-insurers

Company Description

Kotak Mahindra Group
A legacy built over 2 decades Kotak Mahindra is one of... India's leading banking and financial services organizations, offering a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to the diverse financial needs of individuals and corporate sector.
The group has a net worth of over Rs. 100.6 billion and has a distribution network of branches, franchisees, representative offices and satellite offices across cities and towns in India, and offices in New York, London, San Francisco, Dubai, Mauritius and Singapore servicing around 8 million customer accounts.

Read more about the group

Our Story
Our Businesses
Senior Management
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Additional Information

Last updated:
Job type:
Full time
Position type:
Minimum experience:
Between three and five years
Compulsory Education
Salary range:
₹ 5,00,000 - ₹ 15,00,000 / Yearly (Gross Pay)
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