Executive / Officer, Underwriting (Raffles Health Insurance)

Raffles Medical Group Ltd; Região Norte; On-site; BRL 60,000 - 100,000; Full time

Job summary

Raffles Medical Group Ltd is seeking an experienced Underwriter to define terms of health insurance policies and assess risk. You will examine applications, collect background information, and determine insurability against policy criteria.

The role involves evaluating medical reports, proposing underwriting decisions, and coordinating with Senior Underwriter for complex cases while supporting other departments. A diploma/degree and 4+ years in Insurance or Healthcare are expected.

Qualifications

• Diploma or degree in any discipline is required.
• Minimum 4 years of relevant experience in Insurance or Healthcare.
• Sound understanding of underwriting concepts.
• Strong communication and interpersonal skills.
• Organized, reliable, and detail-oriented with the ability to work in a dynamic environment.

Responsibilities

• Underwrites health insurance products such as Term Life, Critical Illness, Hospitalisation & Surgery, and Outpatient, etc.
• Assess applicant insurability by analyzing application information and risk criteria.
• Prepare documents to obtain additional information and arrange medical examinations as needed.
• Summarize medical reports and propose underwriting decisions.
• Discuss complicated cases with Senior Underwriter / Clinical Director.
• Provide advice to colleagues from other departments when required.
• Collaborate with related departments to ensure timely and accurate processing of applications.
• Perform research and data analysis pertaining to underwriting.

Skills

Underwriting knowledge

Communication skills

Attention to detail

Multitasking

Education

Diploma / degree in any discipline

Job description

JOB OVERVIEW

Underwriter is responsible for defining the specific terms of the insurance policy that is agreed upon. On a day to day basis, an insurance underwriter will examine insurance applications, conduct extra research, collect background information and make risk assessment.

Underwriter is responsible in reviewing insurance applications and screens them based on the criteria of the specific terms of the insurance policy that is agreed upon. Underwriter will analyze the risks associated with applications and ensure that it meets the minimum criteria.

MAJOR DUTIES AND RESPONSIBILITIES

• Underwrites health insurance products such as Term Life, Critical Illness, Hospitalisation & Surgery, and Outpatient etc.
• Assess applicant insurability by analyzing information in the application, screen applicants on the basis of set criteria, determine the risk of insuring an applicant, and decide special terms of exceptions.
• Prepare documents to obtain additional information, make arrangement for applicant to undergo medical examination etc.
• Summarize medical reports received provided.
• Propose underwriting decision.
• Discuss with Senior Underwriter / Clinical Director for complicated cases.
• Provide advice, when required, to colleagues from other departments.
• Work closely with related departments to ensure that insurance applications are processed timely and accurately.
• Miscellaneous duties and administrative support as required for research & data analysis pertaining to underwriting

JOB REQUIREMENTS

• Diploma / degree in any discipline
• Minimum 4 years of relevant experience in Insurance or Healthcare.
• Sound understanding of underwriting concept
• Possess good communication and interpersonal skills
• Positive, patient, organized, reliable personal
• Meticulous and keen in details
• Ability to work independently as well as in a team
• Ability to multi-task and complete tasks within specified timeline
• Result driven and self-motivated
• Able to handle a dynamic environment, flexible and open to changes
• Keen learner

We regret that only shortlisted candidates will be contacted.