Life Insurance Underwriter
5 days ago
Job Summary: We are seeking a highly skilled and experienced underwriting executive to join our team at Zurich 56 Company Ltd. In this role, 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- Maintaining strong relationships with external and internal distributors by consistently requesting the correct evidence, making informed decisions, and providing clear explanations for rating decisions.
- Contribution to the development of new or enhanced propositions/procedures/philosophy, ensuring that we charge the right premium for associated risks.
- Collaboration with distributors and other operational areas to support the overall achievement of the business plan, demonstrating knowledge in underwriting expertise, systems, procedures, and processes.
- Providing technical underwriting support and guidance to customers and distributors, delivering excellent customer service.
- Completion of a range of queries and referrals within agreed authority limits, measuring exposure and analyzing risk to maintain underwriting standards.
- Work completion within delegated authority.
- Recommendations and commentary to facilitate underwriting decision-making through data collection from well-established sources and analysis.
- Identification of opportunities for improvement by monitoring underwriting business processes.
- Provision of detailed procedural advice to producers and employees to ensure adherence to internal standards.
- Review and analysis of customer service levels using standard reporting tools and highlighting discrepancies to senior colleagues.
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