HDFC Life Insurance Recruitment 2021 Out!!! Underwriter Post, Graduates Can Apply || Check Details Here!!!

HDFC Life Insurance Recruitment 2021 Out!!! Underwriter Post, Graduates Can Apply || Check Details Here!!! – HDFC Life Insurance has released the notification about the recruitment of Underwriter post. The board seeks the dynamic and energetic candidates to fulfill the recruitment. The Job Location is Mumbai. The interested eligible candidates can apply for the above mentioned post through official website.  The application procedure is purely online. The Eligibility criteria, job description, responsibilities and application details are mentioned in this blog.

HDFC Life Insurance Recruitment 2021 Details

Name of the Board	HDFC Life Insurance
Name of the Post	Underwriter
Job Location	Mumbai
Mode of Application	Online
Status	Notification Released
Category	Private Job

HDFC Life Insurance Recruitment 2021 Details:

About HDFC:

HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (‘HDFC Life’ / ‘Company’) is a joint venture between HDFC Ltd., one of India’s leading housing finance institution and Standard Life Aberdeen, a global investment company. Established in 2000, HDFC Life is a leading long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings, Investment, Annuity and Health. As on March 31, 2020 the Company had 37 individual and 11 group products in its portfolio, along with 6 optional rider benefits, catering to a diverse range of customer needs.

 Eligibility Criteria:

• The Eligibility Criteria for Underwriter post is any graduate with relevant specification.
• Efficient in handling MS Office, (Excel, Powerpoint and Word), Life Asia and Wonders
• Good Analytical and Data Management skills
• Should posses good communication skills and interpersonal skills
• Minimum 2 years of experience in underwriting in Life Insurance Industry
• Graduation in any stream. LIII / Diploma in Life Underwriting would be added advantage
• Situation Handling, Decision making
• And possess key skills of medical underwriter and life underwriter.

Roles and Responsibilities:

• To execute underwriting processes for quality evaluation of policies, maintain the defined TAT.
• To release the cases with the Authority Limits of the User.
• Manage the Risk assessment cohesively in underwriting process.
• Examine documents to determine degree of risk from such factors as applicant financial standing / value and medical health and changes in risk climate
• Decline and defer unwarranted risks
• Reduction of un-wanted FR’s leading to a better TAT.
• Identify and refer cases for field investigation
• Evaluate possibility of losses due to catastrophe or excessive insurance
• Ensure Quality of UW Decisions thereby maintain customer satisfaction. Avoid more than 2 rounds of FR’s.
• Review company records to determine amount of insurance in force on single risk or group of closely related risks
• Maintain Turnaround time and quality for all underwriting cases.
• Improvement in Claims by Prudent selection of Risks.
• Higher level of Interaction to Ensure ESAT Scores.

Expected Selection Procedure:

The Selection procedure is based on the following:

• English Language
• Logical & Quantitative Ability
• Personality Test
• Sales Aptitude.

How To Apply?

• Go to the Official website
• Search for the recruitment notification
• Click the link, it will redirect to the next page
• Fill the application form and attach the relevant supporting documents
• Submit the application form and take hardcopy of application form for further purposes. (or)
• Use the direct link mentioned in this blog

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