About Max Life Insurance: Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group an Indian multi business corporation. Max Life offers comprehensive protection and long-term savings life insurance solutions through its multichannel distribution including agency and third party distribution partners. Max Life has built its operations over almost two decades through need-based sales process a customer-centric approach to engagement and service delivery and trained human capital. As per public disclosures during the financial year 2019-20 Max Life achieved gross written premium of Rs. 16184 crore. As on 31st March 2020 the Company had Rs. 68471 crore of assets under management (AUM) and a Sum Assured in Force of Rs. 913660 crore. For more information please visit the Companys website at We Stand for: Caring | A compassionate leader who demonstrates appreciation for diversity in thoughts and approach towards people as well initiatives eliminates biases to promote meritocracy. A coach who inspires people to excel and sets a culture of high performance. | Collaboration | A boundary-less leader who is capable of identifying & leveraging expertise of team members for superlative outcomes thus delivers to the organizations ask. A leader who addresses challenges with a solution oriented approach to create win-win partnerships within & outside teams through inspired cooperation and teamwork. | Customer Obession | A leader who embodies Customer and keeps him at the core of all deliverables. Proactively anticipate customer needs and implement strategies to provide best in class customer experience. | Growth Mindset | An ambitious leader who can sponsor game changing ideas and rally the team to turn them into a reality. A leader who challenges the status quo takes bold & creative actions to manage complex issues & achieve high impact goals by pushing self and others and raise the bar on performance. | People Leadership | A peoples leader who inspires their teams to stretch themselves and achieve their true potential. A leader who create leaders by coaching empowering & motivating them to deliver superior business outcomes. |
Max Life Insurance is an Equal Opportunity Employer and promotes inclusion and diversity.
|
Position
| Sr Manager- Underwriting | No. Of Positions | 1 |
Department
| Underwriting | Function | Underwriting |
Reporting to
| Chief Manager Under writing | Band | 4A |
Location | Gurgaon | Last Date of Submission: |
- Manage channel level overall production
- Lead production and channel management activities
- Team management ensuring no attrition and maintaining optimal employee engagement.
- Ensure regular quality & accuracy levels of team members
- Building partnership and liaison with business partner for smooth processing of insurance proposals from underwriting
- Stakeholder management
- Ensure health of key business metrices
- Conduct trainings for the team operations and distribution for aligning latest guidelines and processes
- Appraise medical risks for life insurance application
- Underwrite new business
- Recommend accept reject insurance coverage within limits set in the underwriting policy
- Assessing financial documents and summarize the same.
| Measure of Success:
- Ensure adherence of TAT & Accuracy for underwriting of proposals
- Achievement of business targets
- Adhere to all regulatory requirements and reports exception.
- Lead team of motivated professionals aligned to company goals
- Manage internal and external stakeholders in terms of CSAT and DSAT
|
Desired qualifications and experience:
Graduate with 10 years of experience in Operations & Underwriting- MBBS / (Hons) in Nursing/ Qualified preferred
ELIGIBILITY CRITERIA - Candidates who have a performance rating of G2M2 & have completed 12 months in the current role
- Candidates who have a performance rating of G3M3 & have completed 18 months in the current role
- FOR LATERAL MOVEMENT candidate should have completed atleast 12 months in the current role & have
minimum performance rating of G3M3 |
Knowledge and skills required:
- Ability to handle large teams
- Strong communication skills
- Strong GO / HO process knowledge
- Eye for detail
- Good co-ordination skills
- Good Analytical Skills
- Computer knowledge (MS Office MS Excel MS Power Point) and Technical skills
|
Required Experience:
Senior Manager
About Max Life Insurance: Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group an Indian multi business corporation.Max Life offers comprehensive protection and long-term savings lif...
About Max Life Insurance: Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group an Indian multi business corporation. Max Life offers comprehensive protection and long-term savings life insurance solutions through its multichannel distribution including agency and third party distribution partners. Max Life has built its operations over almost two decades through need-based sales process a customer-centric approach to engagement and service delivery and trained human capital. As per public disclosures during the financial year 2019-20 Max Life achieved gross written premium of Rs. 16184 crore. As on 31st March 2020 the Company had Rs. 68471 crore of assets under management (AUM) and a Sum Assured in Force of Rs. 913660 crore. For more information please visit the Companys website at We Stand for: Caring | A compassionate leader who demonstrates appreciation for diversity in thoughts and approach towards people as well initiatives eliminates biases to promote meritocracy. A coach who inspires people to excel and sets a culture of high performance. | Collaboration | A boundary-less leader who is capable of identifying & leveraging expertise of team members for superlative outcomes thus delivers to the organizations ask. A leader who addresses challenges with a solution oriented approach to create win-win partnerships within & outside teams through inspired cooperation and teamwork. | Customer Obession | A leader who embodies Customer and keeps him at the core of all deliverables. Proactively anticipate customer needs and implement strategies to provide best in class customer experience. | Growth Mindset | An ambitious leader who can sponsor game changing ideas and rally the team to turn them into a reality. A leader who challenges the status quo takes bold & creative actions to manage complex issues & achieve high impact goals by pushing self and others and raise the bar on performance. | People Leadership | A peoples leader who inspires their teams to stretch themselves and achieve their true potential. A leader who create leaders by coaching empowering & motivating them to deliver superior business outcomes. |
Max Life Insurance is an Equal Opportunity Employer and promotes inclusion and diversity.
|
Position
| Sr Manager- Underwriting | No. Of Positions | 1 |
Department
| Underwriting | Function | Underwriting |
Reporting to
| Chief Manager Under writing | Band | 4A |
Location | Gurgaon | Last Date of Submission: |
- Manage channel level overall production
- Lead production and channel management activities
- Team management ensuring no attrition and maintaining optimal employee engagement.
- Ensure regular quality & accuracy levels of team members
- Building partnership and liaison with business partner for smooth processing of insurance proposals from underwriting
- Stakeholder management
- Ensure health of key business metrices
- Conduct trainings for the team operations and distribution for aligning latest guidelines and processes
- Appraise medical risks for life insurance application
- Underwrite new business
- Recommend accept reject insurance coverage within limits set in the underwriting policy
- Assessing financial documents and summarize the same.
| Measure of Success:
- Ensure adherence of TAT & Accuracy for underwriting of proposals
- Achievement of business targets
- Adhere to all regulatory requirements and reports exception.
- Lead team of motivated professionals aligned to company goals
- Manage internal and external stakeholders in terms of CSAT and DSAT
|
Desired qualifications and experience:
Graduate with 10 years of experience in Operations & Underwriting- MBBS / (Hons) in Nursing/ Qualified preferred
ELIGIBILITY CRITERIA - Candidates who have a performance rating of G2M2 & have completed 12 months in the current role
- Candidates who have a performance rating of G3M3 & have completed 18 months in the current role
- FOR LATERAL MOVEMENT candidate should have completed atleast 12 months in the current role & have
minimum performance rating of G3M3 |
Knowledge and skills required:
- Ability to handle large teams
- Strong communication skills
- Strong GO / HO process knowledge
- Eye for detail
- Good co-ordination skills
- Good Analytical Skills
- Computer knowledge (MS Office MS Excel MS Power Point) and Technical skills
|
Required Experience:
Senior Manager
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