Senior, Underwriting and Product Development

Job Description

Key responsibilities:

• Develop and launch new product(s)
• Perform risk assessment of all products
• Work closely with distribution team, and provide an efficiency support to ensure meeting therequest from distribution team under company underwriting guideline
• Prepare quotation slips after finalization with UW Manager/Head
• Issue insurance policy for distribution team
• Assist UW Manager/Head to compile, analyze and prepare monthly reports required for monthlymeetings and business reviews.
• Ensure that an acceptable pricing and terms is determined within own underwriting authority andunderwriting guidelines, on new business and renewals.
• Draft Underwriting guidelines
• Ensure evaluation of underwriting needs and coordination as necessary within companyunderwriting and risk control guidelines
• Maintain service standards by timely response to intermediaries’ requests and timely receipt ofcollateral and agreements in addition to meeting deadlines on submissions of quotations,certificates and/or policies.

Requirements:

• Degree/Diploma in Insurance
• Basic Degree/Diploma in Business or Banking & Finance
• Minimum 3 years of work experience in senior officer position in life insurance company
• Knowledge of insurance operations, underwriting procedures and understanding in policywordings,
• Experience in doing product development
• Understanding of risk assessment, laws and legislation in relation to life insurance industry.