Health Insurance Underwriter

Job description

**Company Description** ICICI Lombard is a leading private general insurance company in India, offering a broad portfolio of insurance products across motor, health, crop, fire, personal accident, marine, engineering, and liability lines. With over two decades of experience, the organization emphasizes customer-centricity through its brand philosophy of “Nibhaye Vaade,” backed by more than 39.2 million policies issued and 3.4 million claims processed. The company reported a Gross Written Premium of ₹306.18 billion for the year ended March 31, 2026, and operates through 341 branches with over 15,000 employees. ICICI Lombard is a digital-first insurer, having migrated its core systems to the cloud and launched multiple AI-powered solutions, including the IL TakeCare app with industry-first features such as Face Scan. The company is widely recognized with numerous awards for innovation, service excellence, and CSR, and continues to invest in technology-driven insurance and wellness offerings. **Role Description** This full-time, on-site Health Insurance Underwriter role is based in Mumbai. The Health Insurance Underwriter will evaluate health insurance proposals, assess medical and risk profiles, and determine appropriate coverage terms and premiums in line with underwriting guidelines. Responsibilities include analyzing medical reports and financial information, reviewing applications for completeness, and ensuring adherence to internal policies and regulatory requirements. The role involves close collaboration with sales, operations, and medical teams to clarify risk factors, support policy issuance, and contribute to product refinement. The Underwriter will also participate in portfolio monitoring, data-driven risk analysis, and continuous improvement of underwriting processes and tools. **Qualifications** - Candidates should possess strong analytical and risk assessment skills, with the ability to interpret medical, financial, and demographic data to make sound underwriting decisions. - Candidates should possess knowledge of health insurance products, underwriting policies, and regulatory frameworks relevant to the Indian insurance market. - Candidates should possess proficiency in using digital tools, spreadsheets, and insurance systems, with comfort working in a technology-driven and data-centric environment. - Candidates should possess effective communication and collaboration skills to work with sales, operations, medical professionals, and customers in a clear and professional manner. - Candidates should possess attention to detail and strong documentation skills to maintain accurate records, reports, and compliance-related documentation. - Relevant academic background such as a bachelor’s degree in insurance, finance, commerce, healthcare management, or a related field is beneficial. - Professional certifications in insurance or underwriting (e.g., III, LOMA, or similar) and prior experience in health insurance underwriting or related roles are advantageous.