Job Responsibilities:
- Underwrite life and medical insurance products by assessing the risks according to company guidelines and regulations.
- Ensure issuance of new applications and renewal materials are within standard turnaround time.
- Collaborate with the internal and external stakeholders to ensure that requirements and needs of the clients are met to develop new business and retain existing clients.
- Conduct analysis on risk to ensure profitable portfolio.
- Product development by furnishing product features, pricing, policy wording, standard operating procedure and product materials.
- Review existing products for new development and enhancements to stay competitive in the market.
- Ensure continuous compliance of regulations and procedures at all time.
- Initiate improvement to operational and process flow efficiency.
- Work on action plans to achieve company target.
- Ensure timely report submission to management.
- Ensure underwriting documentations are filed and records are accurate.
- To undertake any other duties and responsibilities requested by the Management as and when required.
Requirements
- Education: Bachelor's Degree, Post Graduate, Professional Degree in Actuarial Science, Mathematics, Statistics, Insurance or related fields.
- Minimum of 3 years’ underwriting experience, with in-depth knowledge of life and/or medical insurance.
- Customer oriented and self-motivated.
- Proficient in Microsoft Office.
- Strong numerical and analytical skills.
- Excellent verbal and written communication skills.