New Business Underwriting Executive- Life Insurance
4 days ago
Job Summary
Underwrites and analyzes new and existing life business within delegated authority levels to achieve business goals and maximize customer experience.
Job Accountabilities - Key Accountabilities- Maintains external and/or internal distributor relationships by consistently requesting the correct evidence, consistently making the correct decision and always explaining rating decisions.
- Contributes ideas and work for the development of new or enhanced propositions/procedures/philosophy, ensuring we charge the right premium for the associated risk.
- Works closely with distributors and other operational areas to support the overall achievement of the business plan, demonstrating knowledge in underwriting expertise, systems, procedures and processes.
- Provides technical underwriting support and guidance to customers and distributors, consistently providing excellent customer service.
- Completes a range of queries and referrals within agreed authority limits, measuring the exposure & analyzing the risk of each case to maintain underwriting standards.
- Completes assignments while working within delegated authority.
- Provide recommendations and commentary to facilitate underwriting decision-making by collecting data from well-established sources and analysis.
- Identify opportunities for improvement by monitoring underwriting business processes.
- Provide detailed procedural advice to producers and employees to ensure that internal standards are adhered to.
- Review and analyze customer service levels using standard reporting tools and highlight discrepancies to more senior colleagues.
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