Assistant Manager, Underwriting

  • 37283
  • Life - underwriting
  • |
  • Malaysia
  • |
  • Apr 27, 2020
Insurance
RESPONSIBILITIES
  • To perform prudent underwriting for individual life proposals, individual medical insurance proposals, group insurance proposals and reinstatement of lapsed policies within expected response time set.
  • To attend to policies referred by Customer Services and Claims Departments for prudent underwriting for approval /opinion within the expected response time set.
  • To prepare underwriting data sheet for large sum assured cases for the Financial Underwriting Committee.
  • To provide back up to NB touchpoints to ensure performance benchmark & objectives are met.
  • To conduct qualitative underwriting checks on a random basis.
  • To assess/determine/update the classification of medically sub-standard lives in the LIAM databases for not taken up proposals.
  • To determine the reinsurer and updates the facultative cases based on RI arrangement accordingly.
  • To assist in supervising in the absence of Team Leader.
  • To assist in preparing of department's annual budget/budget variances analysis.
  • To provide technical consultation to agency members.
  • To coach and teach junior underwriter or new hires on underwriting practices and guidelines.
  • Any other assignments and/or ad-hoc functions required by management from time to time.
QUALIFICATIONS
  • Possess a tertiary qualification preferably in Biology, Mathematics, Science, Genetics, Actuarial Science, Biochemistry, Economics, Nursing, and Business Studies.
  • Completed or are pursuing the final stage in professional insurance exams eg. CII/MII/AII/LOMA.
  • Minimum 4-5 years working experience in life and health insurance underwriting.
  • Technical knowledge of underwriting.
  • Possess product knowledge and features, medical knowledge and human anatomy.
  • Well verse with life insurance industry practice.
  • Information gathering and analysis.
  • Ability to solve complex problems.
  • Good management, organizational and leadership skills.
  • Good interpersonal and good communication skills.
  • Ability to produce high quality work under pressure.
  • Good negotiation skills.
  • Training skills.