Executive, Group Business Servicing
2 weeks ago
Prudential's purpose is to help people get the most out of life. We will deliver our purpose by creating a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow and Succeed.
JOB SCOPE:
The incumbent is responsible to assess the underlying risk profile of the company and generate quotations accurately on a timely manner.
PRINCIPAL DUTIES & RESPONSIBILITIES:
- Underwrite new business and renewal business for Group Customers within the company specified approval limits.
- Provide consistent and fair assessment based on the group’s underlying risk profile with customer’s best interest in mind.
- Ensure quotation request is performed within service standard until customer outcome is delivered.
- Adhere to Group Business Underwriting Guidelines and standards set.
- Communicate with actuarial, reinsurers, technical services, agents on the more complex cases.
- Accountable for portfolio management to ensure profitability objectives are consistently met.
- Build and maintain the quotation tools to ensure the calculation is accurate and up-to-date.
- Support senior management in strategic planning, management deck preparation and reporting.
JOB SPECIFICATION:
**Qualifications**:
- Possess Degree in Actuarial Science or equivalent in life insurance related field.
Experience
- Minimum 2-5 years of experience in group business underwriting or pricing will be an added advantage.
- Customer focused with excellent problem-solving skills, positive attitude and excels under pressure.
Knowledge
- Proficient in Microsoft Application e.g. Excel, PowerPoint and Word.
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