Job Title

Designation : Underwriter - Life insurance Experience: 2 to 8 years Job Location: Pune Qualifications/Requirements: Education: Bachelor's degree in homoeopathy, pharmacy, physiotherapy, dental and any equivalent medical degree. Experience: Should have experience in life insurance underwriting or a related field in US/European domain. Familiarity with life insurance products and policies. Good to have knowledge of life insurance terminologies. German language knowledge is an added benefit. Skills: Strong analytical and decision-making skills with attention to details. Excellent communication and interpersonal skills. Proficiency in underwriting software and Microsoft Office applications. Attention to Detail: High level of accuracy in reviewing applications and assessing risks. This role is essential in ensuring the financial stability of an insurance company by managing risk effectively and maintaining a balance between competitive pricing and risk exposure. Roles/Responsibilities: You will be responsible for evaluating and assessing the risks involved in insuring individuals for life insurance policies. The primary goal is to determine whether to approve or deny insurance applications, and to set appropriate premiums based on the risk assessment. Risk Assessment: Evaluate applications for life insurance policies. Analyze medical records, financial information and lifestyle factors. Assess the risk level of applicants to determine insurability. Decision Making: Approve or deny applications based on underwriting guidelines and risk assessment. Determine appropriate premium rates for approved policies. Communication: Communicate decisions to insurance agents and brokers. Explain underwriting decisions and provide guidance on policy options. Compliance: Ensure all underwriting activities comply with state and federal regulations. Stay updated on changes in insurance laws and regulations. Data Analysis: Utilize underwriting software and tools to analyze data effectively. Monitor trends and patterns to inform underwriting practices Disclaimer: At Allianz, we believe in a diverse and inclusive workplace and in giving fair and equitable opportunities to all our employees, so everyone can succeed. We, the Allianz Services India family, welcome all applications from all regardless of gender identity and/or expression, sexual orientation, race or ethnicity, age, nationality, religion, disability, or philosophy of life.