Associate, Underwriting

Application Dates
Applications open
1 Aug 2019
Applications closing
30 Nov 2019
Opportunity Overview
Type Graduate Jobs (Full-time)
Salary
Competitive
Location
Kuala Lumpur, Malaysia
Start date
Ongoing
Academic requirements
Level of Study
University undergraduate

As Underwriting Associate, you will perform prudent underwriting for individuals life proposals, individual medical insurance proposals, group insurance proposals and reinstatement of lapsed policies within expected response time set.

Responsibilities

  • To perform prudent underwriting for individuals 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.

Requirement

  • Possess a tertiary qualification preferably in Biology, Mathematics, Science, Genetics, Actuarial Science, Biochemistry, Economics, Nursing, Business Studies.