New Business Underwriting Executive- Life Insurance

1 day ago

Kuala Lumpur, Kuala Lumpur, Malaysia LiveWell Full time 80,000 - 120,000 per year

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.
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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