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Tuesday 8 March 2016

Opportunity - Pharma /b.sc Graduate (goregaon)

Bharti AXA Life Insurance Company Ltd.
0 - 2 yrs 
Mumbai

Job Description

    Hi,

    This is with reference to your profile on Naukri.com.

    We are looking to hire fresher pharmaceutical graduate for our underwriting department for our office based out of Mumbai.
     Person from pharma stream will be trained in the medical underwriting department. 

    Job Description - 
    Appraises and underwrites application for insurance to assess mortality and morbidity risk within 
    company guidelines to assure equitable treatment of policyholders and producers and to meet the company's financial objectives.

    Provides guidance to the field force and other underwriting staff regarding underwriting philosophy and segmentation

    Appraises medical and non-medical risks for life insurance applications

    Ensures and determines the insurability  of the applications using factors such as 
    age, occupation, medical history, financial standing and other relevant conditions

    Responsible for ensuring the timely processing of underwriting cases

    Recommend, accept, reject insurance coverage within limits set in the underwriting policy

    Handles routine and non-routine as well as renewal cases; and refers the difficult cases to superiors

    Ensures number as well as quality of the cases that are underwritten

    Checks policy documents in line with the procedures already set for underwriters

    Communicates the underwriting decisions to the distribution team and customers in a timely and effective manner

    Conducts audits on underwriting files to ensure standards are met
    Ensures strict compliance to all the standards and guidelines

    Ensures that guidelines as set by the regulators, re-insurers and internal auditors are met

    Ensures strict adherence to the underwriting authority limits
    Qualification & Experience

    University Graduate! BSc(Nursing)/ /B.Pham /MPham

    0-2 years of experience in life underwriting area is prefer able

    LOMA qualification/FLMI/FII/Diploma in Insurance is preferred

Company Profile:
Bharti AXA Life Insurance Company Ltd.
Bharti AXA Life Insurance Company Ltd.
Bharti AXA Life is a life Insurance player that was started in 2006. It brings together strong financial expertise of the Paris-headquartered AXA Group and Bharti Enterprises - one of India's leading business groups with interests in telecom, agricultural business, financial services, and retail. The joint venture has a 74% stake from Bharti and 26% stake from AXA .The company launched national operations in December 2006. Today, Bharti AXA Life has a national footprint of distributors trained to provide quality financial advice and insurance solutions to the large Indian customer base.

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