Underwriting Executive

Job Summary:

We are seeking a detail-oriented and analytical Underwriter Executive to join our Insurance Operations team. The role involves evaluating insurance applications, assessing risk, and making sound underwriting decisions in accordance with company policies and regulatory guidelines. The ideal candidate should have strong knowledge of underwriting principles, excellent decision-making skills, and a commitment to operational accuracy and compliance.

Key Responsibilities:

• Review and assess insurance applications (life/general/health) for completeness, accuracy, and eligibility.
  
• Analyze risk factors such as age, health, occupation, financials, and claims history.
  
• Make underwriting decisions within assigned authority limits or escalate for further review.
  
• Collaborate with sales, medical underwriting, claims, and actuarial teams as needed.
  
• Communicate effectively with internal stakeholders regarding underwriting outcomes and documentation requirements.
  
• Ensure underwriting decisions comply with internal policies, industry standards, and regulatory requirements (e.g., IRDAI).
  
• Maintain accurate records of underwriting decisions and justifications in the system.
  
• Participate in audits, risk assessments, and process improvement initiatives.
  
• Keep updated with changes in underwriting guidelines, insurance products, and market trends.
  

Qualifications:

• Bachelors degree in Insurance, Finance, Commerce, or a related field.
  
• 2–4 years of experience in insurance underwriting (life, health, or general).
  
• Sound knowledge of underwriting guidelines, reinsurance, and risk assessment practices.
  
• Familiarity with underwriting tools, CRM, and insurance management systems.
  
• Strong analytical and decision-making abilities.
  
• Excellent verbal and written communication skills.
  
• High attention to detail and accuracy in documentation.