Underwriter - Actuarials degree - Life & Medical

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.