Perform underwriting assessments for high net worth and non-HNW cases within assigned authority and support daily operational tasks. Provide underwriting‑related support for ad‑hoc tasks.
Key responsibilities include performing underwriting assessments for new business applications including HNW cases, achieving underwriting KPIs through active case management.
Responsibilities
- Underwrite large sum assured applications (formal and preliminary) and communicate decisions to intermediaries within agreed TAT, ensuring competitive underwriting decisions and minimal requirements. This includes negotiating with reinsurers for favorable terms.
- Ensure cases are underwritten within the agreed TAT.
- Review complex appeal cases and coach underwriters for large sum assured cases underwriting.
- Liaise with reinsurers on referral cases beyond local authority.
- Resolve enquiries and issues with channel management.
- Actively handle own case appeals, postponements, and declines, directly communicating rationale and alternatives to distribution channels.
- Review and identify areas of process improvement or operational efficiency within the New Business department; support the Team Lead in driving process changes.
- Participate in Quality Assurance reviews (audit of cases) where applicable.
- Instill a higher risk awareness culture and collaborate with second liners on roles and support needed.
- Provide underwriting‑related support for business development projects as needed.
- Perform data or trend analysis when required.
Requirements
- Minimum bachelor’s degree.
- Minimum 10 years of underwriting experience in both direct and reinsurance capacities.
- Additional advantage: high underwriting authority for high‑net‑worth products.
Perform underwriting assessments for high net worth and non-HNW cases within assigned authority and support daily operational tasks. Provide underwriting‑related support for ad‑hoc tasks.
Key responsibilities include performing underwriting assessments for new business applications including HNW cases, achieving underwriting KPIs through active case management.
Responsibilities
- Underwrite large sum assured applications (formal and preliminary) and communicate decisions to intermediaries within agreed TAT, ensuring competitive underwriting decisions and minimal requirements. This includes negotiating with reinsurers for favorable terms.
- Ensure cases are underwritten within the agreed TAT.
- Review complex appeal cases and coach underwriters for large sum assured cases underwriting.
- Liaise with reinsurers on referral cases beyond local authority.
- Resolve enquiries and issues with channel management.
- Actively handle own case appeals, postponements, and declines, directly communicating rationale and alternatives to distribution channels.
- Review and identify areas of process improvement or operational efficiency within the New Business department; support the Team Lead in driving process changes.
- Participate in Quality Assurance reviews (audit of cases) where applicable.
- Instill a higher risk awareness culture and collaborate with second liners on roles and support needed.
- Provide underwriting‑related support for business development projects as needed.
- Perform data or trend analysis when required.
Requirements
- Minimum bachelor’s degree.
- Minimum 10 years of underwriting experience in both direct and reinsurance capacities.
- Additional advantage: high underwriting authority for high‑net‑worth products.
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