Junior Executive - Underwriting

Onsurity · Bangalore, India

JOB DESCRIPTION

1. Risk Assessment & Analysis

Evaluate Group Metrics: Analyze group census data, age demographics, and historical claims experience to identify and quantify potential risk exposures.

Predictive Modeling: Utilize statistical data to forecast future utilization trends and claim behaviors for prospective and renewing groups.

2. Quote Preparation & Structuring

Collaborative Pricing: Design and construct tailored benefit quotes based on specific requirements communicated by the Sales Single Point of Contact (SPOC).

Financial Alignment: Ensure the pricing structure balances competitiveness in the market with the company's profitability goals.

3. Data Management & Administration

Underwriting Governance: Maintain precise and organized underwriting files.

CRM Hygiene: Consistently log activities, quote versions, and risk decisions within the CRM system to ensure data integrity across departments.

4. Compliance

Policy Adherence: Guarantee that all generated quotes strictly comply with internal underwriting guidelines and risk appetites.

Efficiency: Manage workflow effectively to meet or exceed established Turnaround Times (TAT).

5. Stakeholder Communication

Strategic Insights: Partner with the Sales SPOC by providing clear, data-driven insights into the group's risk profile.

Pricing Justification: Articulate the rationale behind specific pricing decisions and rate adjustments to support the sales team in client negotiations.

REQUIREMENTS :

Option 1 (Experienced): Minimum 1 year of direct experience in Group Health Underwriting.

Option 2 (Academic Background): B.Sc. in Actuarial Science (fresh graduates with a strong numerical foundation are welcome).

Option 3 (Career Switch): Experienced medical claims processing professionals with strong technical knowledge who want to transition into underwriting.

TECHNICAL & COMPETENCY REQUIREMENTS

Analytical Mindset: Exceptional ability to spot trends, anomalies, and details within complex data structures.

Software Skills: High proficiency in MS Excel (v-lookups, pivot tables, data sorting) and MS Word.

Core Skills: Strong team player, adaptable to changing priorities.

BENEFITS

A Collaborative & Seasoned Peer Network

Expert Mentorship: Work alongside a diverse, high-performing team with a rich mix of experienced and innovative thinkers.

Knowledge Sharing: Benefit from a collaborative environment where insights into complex risk assessments and underwriting strategies are shared freely.

Accelerated Career Development

Fast-Tracked Growth: Engage in high-impact underwriting projects that challenge your analytical skills and expand your business acumen.

Continuous Learning: Access a workplace dedicated to your professional evolution, offering the tools, feedback, and autonomy needed to advance your career at an accelerated pace.