About the role
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.
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