JobsFinance & Accounting

Exciting Opportunity for Junior Executive Health Underwriting! Open to All Graduates – Your Gateway to a Rewarding Career!(1-3 yrs)

About Bajaj Allianz

Bajaj Allianz General Insurance Company, born from a collaborative effort between Bajaj Finserv Limited and Allianz SE. This dynamic partnership has positioned them as a major player in the Indian insurance landscape, providing a diverse range of insurance solutions to meet various needs. Renowned for their innovative approach and customer-centric mindset, Bajaj Allianz consistently anticipates and fulfills customer requirements. Their credibility in the insurance industry is evident, as people place significant trust in their expertise and offerings!

Junior Executive Health Underwriting Job Overview : 

Job Title : Junior Executive Health Underwriting

Location : Nagpur

Experience : 1-3 years

Job Description for Junior Executive Health Underwriting Role :

Risk Management:

  • Evaluate risk parameters for diverse health products based on defined underwriting guidelines to ensure effective coverage of future liabilities and minimize loss ratios in BAGIC’s retail health and PA business.
  • Provide underwriting insights for assigned cases in the scrutiny policy processing module.
  • Assist the team in addressing rejection cases by drafting responses and facilitating the closure process.
  • Review decision-making processes, identify gaps, and offer guidance to external partners for continuous improvement.
  • Analyze loss ratio data, identify trends, and recommend process enhancements, new initiatives, and loss control measures in the retail health and PA portfolio.

Tele Underwriting Query Handling:

  • Address pan-India retail health and personal accident underwriting queries from IMDs and agents promptly through telephonic and Whatsapp mediums.
  • Thoroughly assess underwriting guidelines and case details before approving risk undertakings to minimize losses.
  • Manage the official email for health underwriting queries, responding to and resolving all medical queries within the set timeframe.
  • Ensure timely action on all non-disclosure claims cases.

System Development:

  • Provide recommendations for system changes to streamline policy issuance and claims redressal processes.
  • Contribute insights for the technological upgrade of the underwriting system, including system logic and risk control measures.
  • Document relevant data and inputs in templates for technology implementations.

Training:

  • Conduct periodic trainings for internal teams and IMDs on underwriting guidelines and processes within the assigned zone.
  • Maintain and share reports on training outcomes with the reporting authority.

Prioritization and Query Handling:

  • Prioritize requests and tactically address queries to prevent escalations.
  • Collaborate with internal teams, swiftly retrieve data from internal systems, and provide prompt responses to queries.
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Educational qualifications for Junior Executive Health Underwriting : Any Graduate

How to apply for Junior Executive Health Underwriting  job at Bajaj Allianz : 

Guideline 1: Read the Job Overview; match your skills and education.

Guideline 2: Tailor your resume to the job description, highlighting your specific skills.

Guideline 3: Click on “Apply Now” below.

Guideline 4: After clicking, it will land you on the company website. Read the instructions and submit your resume.

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