<br><br> About COmpany: HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and world's 10th largest bank by market capitalisation as of April 2021. It is the third largest company by market capitalisation of $122.50 billion on the Indian stock exchanges. It is also the fifteenth largest employer in India with nearly 150,000 employees. HDFC Bank was incorporated in 1994 as a subsidiary of the Housing Development Finance Corporation, with its registered office in Mumbai, Maharashtra, India. Its first corporate office and a full-service branch at Sandoz House, Worli were inaugurated by the then Union Finance Minister, Manmohan Singh. As of 30 June 2022, the bank's distribution network was at 6,378 branches across 3,203 cities. It has installed 430,000 POS terminals and issued 23,570,000 debit cards and 12 million credit cards in FY 2017. It has a base of 1,52,511 permanent employees as of 30 June 2022. <br><br> Role: GRADUATE TRAINEE <br><br> Experience: From 0 to 1 year(s) of experience <br><br> Salary: ₹ Not Disclosed by Recruiter <br><br> Location: Mumbai, Nasik/Nashik, Chennai <br><br> Role: Underwriting is a risk function playing a critical role to ensure profitability of the organization. To ensure that the right lives are on-boarded on the books of HDFC Life, thereby ensuring the expected mortality expectations are met. <br><br> Purpose Of The Job: Risk underwrite applications within the underwriting authority & manage the other functional deliverables of the department. <br><br> Roles & Responsibilities: <br>1. Managing the risk cohesively in the underwriting process. Mitigating risk by using Risk management tools <br>2. Planning /forecasting/analyzing underwriting activities. Drive the identified actions to be taken to improve efficiency and effectiveness. <br>3. Identifying various action points to improve the underwriting decisions and underwriting costs. <br>4. Examining documents to determine degree of risk from such factors as applicants financial standing/value, medical health and changes in risk climate. <br>5. Driving team members to meet the functional objectives <br>6. Working on projects as required from time to time <br>7. Providing underwriting solutions to customers as and when required