Insurance Underwriter Jobs in Coimbatore BFSI

📋 Job Description

Jobzi is sourcing qualified candidates for Insurance Underwriter positions in Coimbatore's private BFSI sector. This is a full-time opportunity with a reputed Banking, Financial Services and Insurance employer in Coimbatore offering competitive salary, structured growth, and a professional work environment. Tamil communication skills are preferred alongside English for professional and business interaction in Coimbatore.

📌 Key Responsibilities

• Evaluate insurance proposals and determine risk acceptability, coverage terms, and premium rates
• Analyze medical, financial, and occupation risk factors for life and health insurance proposals
• Apply underwriting guidelines, rate tables, and actuarial data for accurate risk pricing
• Review complex or jumbo cases and coordinate with reinsurers for capacity and terms
• Ensure compliance with IRDAI product filing guidelines and underwriting policy
• Decline, modify, or accept proposals with appropriate conditions and loadings
• Collaborate with actuarial and product teams on underwriting guideline updates and product launches

🎓 Qualifications and Requirements

• B.Sc./B.Com/MBA with IRDAI underwriting certification and 3-7 years experience
• Fellowship of Insurance Institute of India (FIII) or equivalent preferred
• Strong knowledge of life, health, or general insurance underwriting principles
• Understanding of actuarial pricing models, reinsurance structures, and risk assessment
• Proficiency in underwriting systems (LIFE Asia, Majesco, or insurer proprietary systems)
• Medical underwriting knowledge preferred for life and health underwriting roles
• Analytical thinking and decision-making within regulatory guidelines
• Good Tamil and English communication skills for team coordination and client interaction in Coimbatore.

✅ Required Skills

🏆 Certifications and Qualifications

NISM Series Certifications, IIBF JAIIB/CAIIB, IRDAI Insurance License, CFA Level 1-3, FRM (Financial Risk Manager), CFP (Certified Financial Planner), ACCA, CA (Chartered Accountant), AMFI ARN Certification, NCFM modules