Deputy Manager - Underwriting Governance & Audit
Axis Max Life Insurance · Gurugram · onsite · Posted 1d ago
Undisclosed4–6 yrsfulltimeSourced from
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About this role
Job Description Deputy Manager- Underwriting Governance
Function: Operations
Department: Underwriting Governance Audit
Reporting to: Chief Manager - Underwriting Governance
- Support in conducting thematic and deep-dive audits across underwriting processes to identify risks, gaps, and improvement opportunities.
- Support development and execution of the Underwriting Governance framework , ensuring adherence to internal policies and regulatory norms.
- Coordinate with internal audit, assurance, compliance, and underwriting teams for timely closure of audit observations
- Provide Re-underwriting opinion for claims cases
- CMO QC and Vendor QC for cardiac tests opinions
- Assist in STP QC , including sampling, accuracy checks, error identification, reporting, and trend analysis.
- Assist Term Non-Term QC cases, ensuring timely completion and accurate reporting of findings.
- Ensure end-to-end closure of all QC cases and maintain governance documentation.
- Prepare and publish monthly QC dashboards , thematic audit reports, and exception summaries for stakeholders.
- Evaluate data for trend spotting, risk identification, and improvement recommendations.
- Highlight outages and validate findings in coordination with underwriting and internal audit teams.
- Collaborate with underwriting production managers to improve overall decision accuracy and governance adherence.
- Collaborate with URMU, IT, Audit, Assurance, and related teams for smooth governance operations.
- Conduct case clinics, trainings, mentoring sessions , and refreshers based on audit and QC findings.
- Drive improvement in QC scores through structured feedback and continuous learning interventions.
- Quality and timeliness of STP QC and Term/Non-Term QC cycles.
- Accuracy and effectiveness of thematic audits and closure timelines.
- Quality and clarity of dashboards and governance reports.
- Reduction in recurring errors and improvement in underwriting accuracy.
- Stakeholder satisfaction and collaboration effectiveness.
- Contribute to governance-related projects and process improvement initiatives.
- Maintain a positive, collaborative environment in line with organizational values
Internal: Underwriting, Internal Audit, Internal Assurance, AI Works team, URMU, IT, Operations
External: Auditors / Consultants (if applicable)
External: Auditors / Consultants (if applicable)
- Strong analytical logical thinking skills.
- Excellent written verbal communication.
- Ability to collaborate effectively across functions.
- Detail orientation and risk-based approach.
- Creativity in problem-solving and process improvement.
- Graduate / Post-Graduate-preferably in Insurance, Medicine, Pharmacy, or related field.
- Insurance related examinations - Insurance Institute of India, LOMA and ALU
- Minimum of 4 - 6 years of experience in Life Underwriting, Risk, Governance, QC, or Audit functions.
- Strong knowledge of Life Health underwriting principles.
- Experience in Medical underwriting and process enhancements.
- Proficiency in MS Office, analytics, dashboards, and business writing skills.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
Trend AnalysisAssuranceManager Quality ControlManager Internal AuditProcess ImprovementMedical UnderwritingAnalyticsClaimsanalyticalMS Office
About Axis Max Life Insurance
Axis Max Life Insurance
Insurance
24.9k+
employees
2000
26 years old
Gurgaon/Gurugram, Haryana
India
About
Axis Max Life Insurance, a leading life insurance company in India, offers a range of life insurance plans and policies to ensure Lifetime Protection.
Industries
Insurance
Employee ratings
7,213 reviews
4.0/ 5
Culture
3.9
Career growth
3.7
Work-life
3.9
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