Life Insurance Underwriter
2 weeks ago
About Zurich 56 Company Ltd
Zurich 56 Company Ltd is a leading provider of life insurance solutions. Our team of experts works closely with distributors and other operational areas to support the overall achievement of our business plan.
Job DescriptionWe are seeking a skilled New Business Underwriting Executive - Life Insurance to join our team. As an Underwriting Executive, you will be responsible for underwriting and analyzing new and existing life business within delegated authority levels to achieve business goals and maximize customer experience.
Key Responsibilities
- Maintain external and/or internal distributor relationships by consistently requesting the correct evidence, making the correct decision, and explaining rating decisions.
- Contribute ideas and work for the development of new or enhanced propositions/procedures/philosophy, ensuring we charge the right premium for the associated risk.
- Work 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.
- Provide technical underwriting support and guidance to customers and distributors, consistently providing excellent customer service.
- Complete a range of queries and referrals within agreed authority limits, measuring the exposure and analyzing the risk of each case to maintain underwriting standards.
- Complete assignments while working within delegated authority.
Business Accountabilities
- 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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