Senior Underwriting Analyst 1

Job Description

Altisource Business Solutions Pvt Ltd is looking for Senior Underwriting Analyst 1 to join our dynamic team and embark on a rewarding career journey Underwriting Supervision: Oversee and manage a team of medical underwriters, providing guidance, training, and leadership to ensure consistent and accurate underwriting decisions. Risk Assessment: Evaluate the medical history, diagnostic tests, and other relevant data to determine the risk level associated with insurance applicants. Policy Issuance: Make underwriting decisions and determine coverage and premium rates based on the assessment of risk factors, medical conditions, and other underwriting criteria. Underwriting Guidelines: Develop and update underwriting guidelines, policies, and procedures to align with industry regulations and best practices. Customer Support: Collaborate with insurance agents, brokers, and policyholders to address underwriting-related inquiries and provide guidance on requirements and decisions. Quality Control: Review and audit underwriting decisions, ensuring consistency, accuracy, and compliance with underwriting guidelines and regulations. Risk Management: Identify and manage high-risk applications, making recommendations for approval, decline, or modification of coverage. Data Analysis: Analyze underwriting data to identify trends, assess the performance of underwriting guidelines, and make recommendations for adjustments. Compliance: Ensure that underwriting practices and decisions comply with industry regulations and guidelines. Process Improvement: Identify opportunities for process improvement, automation, and efficiency in the underwriting process. Documentation: Maintain accurate and organized records of underwriting decisions, communications, and related documentation.