2,123 Sbi Life Insurance jobs in India
Insurance Underwriter
New Delhi, Delhi
Smart Moves Consultants
Posted today
Job Viewed
Job Description
Job Role:
∙Sourcing of quotes for Non Health Products – Fire, Marine, Engineering & Miscellaneous
lines.
Draw up quotes for competitive insurance premiums
Negotiate and define the specific terms of insurance policies with insurance companies
Preparation of Quote comparative reports.
Building relationships with Public sector offices by visiting them regularly.
Liaise with specialists in Insurance companies to gather information and opinions
Assisting sales team in client interactions for large proposals.
Analysis loss exposures and determine underwriting alternatives
Keep detailed records of policies underwritten and decisions made
Skill & other Requirements:
Education – Graduate/Post graduate in any stream
Additional qualifications in Insurance stream would be preferable
Sound product knowledge across all products – Fire, Marine, Engineering
Ability to work independently and comfortable in engaging with CXOs of corporates
Self-driven, enthusiastic person with hunger to make it big.
This advertiser has chosen not to accept applicants from your region.
0
Insurance Underwriter
395001 Surat, Gujarat
₹600000 Annually
WhatJobs
Posted 3 days ago
Job Viewed
Job Description
Our client is looking for a meticulous and analytical Insurance Underwriter to join their established team in Surat, Gujarat, IN . In this crucial role, you will be responsible for evaluating insurance applications, assessing risk, and determining the terms and pricing for insurance policies. You will analyze applicant data, financial records, and other relevant information to make informed decisions that balance profitability with competitive market offerings. Key responsibilities include reviewing policy submissions, identifying potential hazards, verifying information, and communicating underwriting decisions to agents and brokers. The ideal candidate will possess strong analytical and decision-making skills, a keen attention to detail, and a thorough understanding of insurance principles and regulations. Experience in underwriting specific lines of insurance (e.g., property, casualty, life) is highly preferred. Proficiency in underwriting software and tools is advantageous. You should be able to work independently, manage a caseload efficiently, and adhere to company guidelines and underwriting authority. Excellent communication skills are necessary for liaising with internal departments and external partners. A commitment to ethical practices and risk management is essential. This is an excellent opportunity for an experienced insurance professional to contribute to a reputable organization and play a vital role in the company's success. If you possess a strong understanding of risk assessment and a dedication to sound underwriting practices, we encourage you to apply.
This advertiser has chosen not to accept applicants from your region.
1
Insurance Underwriter
201001 Ghaziabad, Uttar Pradesh
₹700000 Annually
WhatJobs
Posted 3 days ago
Job Viewed
Job Description
Our client is seeking a meticulous and analytical Insurance Underwriter to join their growing team. This role is crucial for assessing and evaluating risks associated with insurance applications, determining coverage terms, and setting premiums to ensure profitability and compliance with regulatory requirements. The ideal candidate will possess a strong understanding of insurance principles, risk assessment methodologies, and a keen eye for detail. You will be responsible for reviewing applications, analyzing financial data, researching policy terms, and making informed decisions on policy issuance. This position offers a hybrid work model, allowing for a blend of in-office collaboration and remote flexibility, based in Ghaziabad, Uttar Pradesh, IN . We are looking for an individual with excellent analytical and decision-making skills, who can effectively manage a workload and contribute to the overall success of the underwriting department. Your ability to communicate complex information clearly and concisely to agents and policyholders will be highly valued. The role requires a proactive approach to staying updated on industry trends, market conditions, and regulatory changes. Successful underwriters are critical in managing the company's risk exposure and ensuring sustainable growth. This is an excellent opportunity for someone with a strong financial acumen and a desire to build a career in the insurance industry. You will play a key role in safeguarding the company's financial health and reputation through sound underwriting practices.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Evaluate insurance applications to assess risk and determine insurability.
- Analyze financial statements, credit reports, and other relevant data to evaluate risk exposure.
- Determine appropriate coverage terms, conditions, and premium rates.
- Ensure compliance with company underwriting guidelines and regulatory requirements.
- Communicate decisions and rationale clearly to insurance agents and brokers.
- Maintain accurate records of underwriting decisions and policy details.
- Stay updated on industry trends, market conditions, and new products.
- Collaborate with claims and actuarial departments to refine underwriting policies.
- Identify and report on potential fraud indicators.
- Contribute to the development and implementation of new underwriting strategies.
- Manage a portfolio of accounts and ensure timely processing of applications.
- Provide training and support to junior underwriting staff as needed.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field. Professional certifications (e.g., CPCU, AAI) are a strong plus.
- Proven experience (3+ years) as an Insurance Underwriter or in a related risk assessment role.
- Strong understanding of insurance principles, underwriting practices, and risk management.
- Excellent analytical, critical thinking, and decision-making skills.
- Proficiency in underwriting software and MS Office Suite, particularly Excel.
- Strong communication (written and verbal) and interpersonal skills.
- Ability to manage multiple priorities and meet deadlines effectively.
- High level of integrity and attention to detail.
- Adaptability and willingness to learn new insurance products and markets.
- Experience in the insurance sector within Ghaziabad, Uttar Pradesh, IN or surrounding regions is beneficial.
This advertiser has chosen not to accept applicants from your region.
2
Insurance Underwriter
411001 Pune, Maharashtra
₹50000 Annually
WhatJobs
Posted 6 days ago
Job Viewed
Job Description
Our client, a reputable and rapidly growing insurance company, is seeking a diligent and analytical Insurance Underwriter to join their team in Pune, Maharashtra, IN . This hybrid role combines the benefits of collaborative office work with the flexibility of remote work. The ideal candidate will be responsible for evaluating and assessing the risks associated with insurance applications, determining policy terms, and setting appropriate premium rates. You will meticulously analyze applicant data, financial records, and other relevant information to make informed decisions on risk acceptance. This position requires a strong understanding of insurance principles, financial analysis, and risk management. You will work closely with insurance agents, brokers, and claims adjusters to gather necessary information and ensure fair and accurate underwriting. Key responsibilities include reviewing insurance proposals, identifying potential hazards, and recommending appropriate coverage levels and exclusions. You will also be involved in developing and refining underwriting guidelines and procedures to maintain the company's profitability and competitive edge. The ability to communicate complex risk assessments clearly and concisely is crucial. This role demands exceptional attention to detail, strong analytical skills, and the ability to manage a high volume of applications efficiently. We are looking for a candidate who is committed to ethical practices and possesses a keen eye for identifying potential fraud. This is an excellent opportunity for a motivated individual to build a successful career in the insurance industry within a supportive and forward-thinking organization.
Responsibilities:
Responsibilities:
- Evaluate insurance applications and assess risk exposure.
- Determine policy eligibility, coverage limits, and premium rates.
- Analyze financial statements, medical records, and other pertinent information.
- Maintain compliance with company underwriting guidelines and regulatory requirements.
- Communicate underwriting decisions and rationale to agents and brokers.
- Collaborate with claims departments to assess risk during the claims process.
- Develop and implement underwriting strategies to support business growth.
- Identify and report potentially fraudulent applications.
- Stay updated on industry trends and market conditions.
- Work effectively in a hybrid environment, balancing remote and in-office responsibilities.
This advertiser has chosen not to accept applicants from your region.
3
Insurance Underwriter
570001 Mysore, Karnataka
₹70000 Annually
WhatJobs
Posted 6 days ago
Job Viewed
Job Description
Our client, a reputable insurance company, is seeking an experienced Insurance Underwriter to join their team in Mysuru, Karnataka, IN . This role operates on a hybrid basis, combining remote work flexibility with in-office collaboration. As an Insurance Underwriter, you will be responsible for assessing and evaluating the risks associated with insurance applications, determining coverage eligibility, and setting appropriate premium rates. You will play a crucial role in maintaining the profitability and solvency of the company by making sound underwriting decisions. Key responsibilities include analyzing applicant data, financial statements, and risk factors; reviewing policy terms and conditions; and communicating decisions to brokers and agents. The ideal candidate will possess a strong understanding of insurance principles, risk assessment techniques, and regulatory requirements. Excellent analytical, decision-making, and problem-solving skills are essential. You should have a keen eye for detail and the ability to interpret complex information accurately. Strong communication and negotiation skills are also important for interacting with internal teams and external stakeholders. Experience with underwriting software and data analysis tools is preferred. You will be committed to upholding ethical standards and ensuring fair and consistent underwriting practices. This is an excellent opportunity for a skilled underwriter to contribute to a dynamic insurance organization and advance their career. Responsibilities: - Evaluate insurance applications to assess risks and determine insurability.
- Analyze applicant data, including financial history, medical records, and other relevant information.
- Set appropriate premium rates based on risk assessment and company guidelines.
- Review and interpret policy terms and conditions.
- Communicate underwriting decisions to agents, brokers, and policyholders.
- Ensure compliance with all applicable insurance regulations and company policies.
- Collaborate with claims and actuarial departments to manage risk effectively.
- Stay updated on industry trends and emerging risks. Qualifications: - Bachelor's degree in Finance, Business Administration, or a related field.
- Proven experience as an Insurance Underwriter, with a focus on (Specify Line of Business, e.g., Life, Health, Property & Casualty).
- In-depth knowledge of underwriting principles, risk assessment, and insurance products.
- Strong analytical, quantitative, and decision-making skills.
- Excellent attention to detail and accuracy.
- Proficient in underwriting software and relevant IT systems.
- Good communication and interpersonal skills.
- Ability to work effectively in a hybrid work environment.
- Analyze applicant data, including financial history, medical records, and other relevant information.
- Set appropriate premium rates based on risk assessment and company guidelines.
- Review and interpret policy terms and conditions.
- Communicate underwriting decisions to agents, brokers, and policyholders.
- Ensure compliance with all applicable insurance regulations and company policies.
- Collaborate with claims and actuarial departments to manage risk effectively.
- Stay updated on industry trends and emerging risks. Qualifications: - Bachelor's degree in Finance, Business Administration, or a related field.
- Proven experience as an Insurance Underwriter, with a focus on (Specify Line of Business, e.g., Life, Health, Property & Casualty).
- In-depth knowledge of underwriting principles, risk assessment, and insurance products.
- Strong analytical, quantitative, and decision-making skills.
- Excellent attention to detail and accuracy.
- Proficient in underwriting software and relevant IT systems.
- Good communication and interpersonal skills.
- Ability to work effectively in a hybrid work environment.
This advertiser has chosen not to accept applicants from your region.
4
Insurance Underwriter
226001 Lucknow, Uttar Pradesh
₹55000 Annually
WhatJobs
Posted 7 days ago
Job Viewed
Job Description
Our client is seeking a diligent and analytical Insurance Underwriter to assess and manage risk for new and existing insurance policies. This is a critical role within the insurance sector, requiring a keen eye for detail and a strong understanding of financial principles and risk assessment. You will be responsible for evaluating applications, determining policy terms and conditions, and setting appropriate premiums to ensure profitability and minimize financial exposure for the company. The ideal candidate will possess a solid knowledge of insurance products, regulatory requirements, and underwriting guidelines. Your responsibilities will include reviewing and analyzing insurance applications, gathering necessary information through documentation and third-party sources, assessing the risk associated with each application, and making informed decisions on policy acceptance or rejection. You will also be tasked with negotiating terms and conditions with policyholders or brokers, accurately calculating premiums, and ensuring compliance with all company underwriting standards and legal regulations. This role requires excellent communication skills, both written and verbal, to effectively interact with clients, brokers, and internal departments. The ability to work collaboratively within a team while also managing an independent workload is essential. We are looking for a detail-oriented professional with strong problem-solving abilities and a commitment to upholding the integrity of the underwriting process.
Responsibilities:
Responsibilities:
- Evaluate insurance applications to assess risk and determine eligibility.
- Analyze financial statements, credit reports, and other relevant documentation.
- Determine appropriate policy terms, conditions, and premium rates.
- Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
- Communicate decisions and policy terms clearly to applicants and brokers.
- Negotiate terms and conditions where applicable.
- Maintain accurate records of underwriting decisions and rationale.
- Collaborate with claims adjusters and sales teams to provide underwriting expertise.
- Identify potential fraud and implement mitigation strategies.
- Stay updated on industry trends and changes in regulations.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- 2-4 years of experience in insurance underwriting (Life, Health, or General Insurance).
- Strong understanding of insurance principles and risk management.
- Proficiency in data analysis and financial assessment.
- Excellent written and verbal communication skills.
- Detail-oriented with strong analytical and problem-solving abilities.
- Ability to work independently and as part of a team.
- Knowledge of relevant insurance software and systems.
- Professional certifications (e.g., IIPursued) are a plus.
This advertiser has chosen not to accept applicants from your region.
5
Insurance Underwriter
201301 Noida, Uttar Pradesh
₹70000 Annually
WhatJobs
Posted 7 days ago
Job Viewed
Job Description
Our client, a leading name in the insurance sector, is seeking a diligent and analytical Insurance Underwriter to join their team in Noida, Uttar Pradesh, IN . This role is pivotal in assessing and determining the insurability of potential clients by evaluating risks associated with individuals, businesses, or properties. You will be responsible for analyzing applications, reviewing financial and historical data, and making informed decisions on policy terms, conditions, and premiums. The ideal candidate will possess strong analytical skills, a meticulous attention to detail, and a comprehensive understanding of insurance principles and regulations.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Evaluate insurance applications to assess risk and determine eligibility for coverage.
- Analyze applicant information, including financial statements, medical records, property details, and claims history.
- Interpret and apply insurance policies, regulations, and guidelines.
- Calculate appropriate premium rates based on risk assessment and company pricing models.
- Make informed decisions on policy issuance, endorsements, or declination.
- Communicate decisions and requirements clearly to agents, brokers, and policyholders.
- Collaborate with claims adjusters and other departments to gather necessary information.
- Monitor emerging risks and trends within the insurance market.
- Maintain accurate records of underwriting decisions and justifications.
- Participate in training sessions to stay updated on industry changes and underwriting best practices.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Proven experience as an Insurance Underwriter, with specialized knowledge in a particular line of insurance (e.g., life, health, property, casualty).
- Strong analytical and quantitative skills with the ability to interpret complex data.
- Excellent understanding of insurance contracts, risk management principles, and regulatory frameworks.
- Meticulous attention to detail and accuracy in decision-making.
- Proficiency in using underwriting software and relevant IT systems.
- Effective written and verbal communication skills.
- Ability to work independently and manage a caseload efficiently.
- Problem-solving capabilities and sound judgment.
- Relevant professional certifications (e.g., ACII, CPCU) are highly desirable.
This advertiser has chosen not to accept applicants from your region.
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6
Insurance Underwriter
440001 Nagpur, Maharashtra
₹70000 Monthly
WhatJobs
Posted 7 days ago
Job Viewed
Job Description
Our client is seeking a meticulous and analytical Insurance Underwriter to assess and manage risk for a diverse portfolio of insurance policies. This is a fully remote position, allowing you to apply your expertise from anywhere. You will be responsible for evaluating insurance applications, determining the insurability of risks, and setting appropriate premium rates. Your role involves analyzing financial statements, credit histories, and other relevant data to make informed underwriting decisions.
The ideal candidate will possess a strong understanding of insurance principles, risk assessment methodologies, and relevant regulatory requirements. You will work closely with insurance agents and brokers to gather necessary information and explain underwriting decisions. Experience with various lines of insurance, such as property, casualty, life, or health, is highly desirable. Proficiency in using underwriting software and analytical tools to process applications efficiently and accurately is essential. You will be expected to develop and maintain an in-depth knowledge of insurance products, market trends, and competitive offerings. The ability to communicate complex underwriting criteria and rationale clearly and concisely to both internal and external stakeholders is crucial. This remote role requires excellent analytical, decision-making, and problem-solving skills, coupled with a high degree of integrity and attention to detail. You will manage a caseload, ensuring timely processing of applications while adhering to company guidelines and risk appetite. This is an excellent opportunity to contribute to a leading insurance organization and advance your career in risk management and underwriting.
Responsibilities:
The ideal candidate will possess a strong understanding of insurance principles, risk assessment methodologies, and relevant regulatory requirements. You will work closely with insurance agents and brokers to gather necessary information and explain underwriting decisions. Experience with various lines of insurance, such as property, casualty, life, or health, is highly desirable. Proficiency in using underwriting software and analytical tools to process applications efficiently and accurately is essential. You will be expected to develop and maintain an in-depth knowledge of insurance products, market trends, and competitive offerings. The ability to communicate complex underwriting criteria and rationale clearly and concisely to both internal and external stakeholders is crucial. This remote role requires excellent analytical, decision-making, and problem-solving skills, coupled with a high degree of integrity and attention to detail. You will manage a caseload, ensuring timely processing of applications while adhering to company guidelines and risk appetite. This is an excellent opportunity to contribute to a leading insurance organization and advance your career in risk management and underwriting.
Responsibilities:
- Evaluate insurance applications and assess risks.
- Determine the insurability of applicants based on risk assessment criteria.
- Calculate and set appropriate premium rates.
- Analyze financial statements, credit reports, and other relevant documentation.
- Underwrite various types of insurance policies (e.g., property, casualty, life, health).
- Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
- Liaise with insurance agents, brokers, and clients to gather information.
- Maintain accurate records of underwriting decisions and policy details.
- Stay informed about insurance industry trends, market conditions, and product developments.
- Identify and mitigate potential fraudulent activities.
- Contribute to the development and refinement of underwriting policies and procedures.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Proven experience (4+ years) as an Insurance Underwriter.
- Strong understanding of insurance principles, risk management, and underwriting practices.
- Excellent analytical, critical thinking, and decision-making skills.
- Proficiency in underwriting software and data analysis tools.
- Knowledge of relevant legal and regulatory frameworks.
- Strong communication and interpersonal skills.
- Ability to work independently and manage workload effectively in a remote environment.
- High level of attention to detail and accuracy.
- Relevant professional certifications (e.g., CPCU, AU) are a plus.
This advertiser has chosen not to accept applicants from your region.
7
Insurance Underwriter
411001 Pune, Maharashtra
₹600000 Annually
WhatJobs
Posted 12 days ago
Job Viewed
Job Description
Our client is looking for a meticulous and astute Insurance Underwriter to join their established team in Pune, Maharashtra . This role is pivotal in assessing and determining the risk associated with insuring individuals or businesses, and deciding whether to accept or decline applications, and on what terms. You will be responsible for reviewing insurance applications, analyzing financial data, and evaluating potential risks based on established underwriting guidelines and policies. This involves interpreting complex information, such as medical histories, financial statements, property reports, and loss records, to make sound judgments. You will need to have a comprehensive understanding of various insurance products, including life, health, property, and casualty insurance. Collaboration with agents, brokers, and claims departments is essential to gather necessary information and ensure policy terms are accurately reflected. The ideal candidate will possess strong analytical and critical thinking skills, with a keen eye for detail and the ability to make objective decisions. Excellent communication and negotiation skills are required to discuss policy terms and conditions with clients and intermediaries. A Bachelor's degree in Business Administration, Finance, Risk Management, or a related field is preferred. Previous experience in insurance underwriting or a closely related field is highly desirable. Familiarity with underwriting software and industry regulations is a plus. Join our client to play a key role in managing risk and ensuring the financial health of the company.
This advertiser has chosen not to accept applicants from your region.
8
Insurance Underwriter
530001 Visakhapatnam, Andhra Pradesh
₹700000 Annually
WhatJobs
Posted 14 days ago
Job Viewed
Job Description
Our client , a leading provider of comprehensive insurance solutions, is seeking a detail-oriented and analytical Insurance Underwriter to join their team in Visakhapatnam, Andhra Pradesh, IN . This role is essential in assessing and evaluating insurance applications, determining risk factors, and deciding whether to accept or decline applications based on established underwriting guidelines. You will play a critical role in safeguarding the company's financial health by ensuring that all policies issued are profitable and within acceptable risk parameters.
Key responsibilities include analyzing financial statements, medical reports, and other relevant documentation to assess applicant risk. You will also be responsible for calculating premiums, setting policy terms and conditions, and communicating underwriting decisions to agents and brokers. The ability to interpret complex data, apply sound judgment, and maintain accurate records is crucial. You will work closely with sales teams to provide guidance on underwriting requirements and ensure a smooth application process. We are committed to providing our clients with fair and accurate assessments, and your expertise will be vital in achieving this goal.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Business Administration, or a related field. Prior experience in insurance underwriting or a related role within the financial services industry is highly preferred. Strong analytical, critical thinking, and decision-making skills are essential. Excellent communication and interpersonal skills are required to effectively interact with applicants, agents, and internal stakeholders. This is an on-site position in Visakhapatnam , offering a stable and professional work environment. If you are a meticulous individual with a strong understanding of risk assessment and a commitment to upholding underwriting standards, we encourage you to apply.
Key responsibilities include analyzing financial statements, medical reports, and other relevant documentation to assess applicant risk. You will also be responsible for calculating premiums, setting policy terms and conditions, and communicating underwriting decisions to agents and brokers. The ability to interpret complex data, apply sound judgment, and maintain accurate records is crucial. You will work closely with sales teams to provide guidance on underwriting requirements and ensure a smooth application process. We are committed to providing our clients with fair and accurate assessments, and your expertise will be vital in achieving this goal.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Business Administration, or a related field. Prior experience in insurance underwriting or a related role within the financial services industry is highly preferred. Strong analytical, critical thinking, and decision-making skills are essential. Excellent communication and interpersonal skills are required to effectively interact with applicants, agents, and internal stakeholders. This is an on-site position in Visakhapatnam , offering a stable and professional work environment. If you are a meticulous individual with a strong understanding of risk assessment and a commitment to upholding underwriting standards, we encourage you to apply.
This advertiser has chosen not to accept applicants from your region.
9