Underwriter - Actuarials degree - Life & Medical
Full-time
Confidential
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
- 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
Vacancy posted 6 days ago
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