Associate - Medical Underwriting

AIA Shared Services; Cyberjaya; On-site; MYR 60,000 - 110,000; Full time

Job summary

AIA Shared Services seeks a skilled Actuary to assess individual life insurance applications for the Hong Kong market, following company guidelines and regulatory standards. The role is based in Malaysia and requires flexibility to work with HK-based calendars and teams.

You will underwrite diverse products, perform medical underwriting, and collaborate with field forces to gather necessary information for decision-making.

Qualifications

• Bachelor’s Degree or equivalent in a relevant field.
• Post Graduate / Professional Degree in Medical Science, Bioscience, Insurance or equivalent qualifications.
• Fluent in English and Chinese; Mandarin/Cantonese is a plus. SPM Chinese subject must pass.

Responsibilities

• Accurately underwrite all products including medical underwriting by assessing risks per guidelines and regulations.
• Maintain high quality scores and continuously improve individual quality levels.
• Meet efficiency targets and improve turnaround times and proficiency scores.
• Develop technical proficiency by extending underwriting scope or limits.
• Perform duties assigned by supervisor to meet business requirements.
• Evaluate medical history, occupational hazards and other data to decide acceptance or modification of risk.
• Collaborate with field force and other functions to gather information for decisions.
• Explain and defend underwriting actions.

Skills

English

Chinese

Education

Bachelor's Degree or equivalent

Post Graduate / Professional Degree in Medical Science or Bioscience

Insurance or equivalent qualifications

Tools

Microsoft Office

Job description

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone. It’s about finding new ways to not only better people’s lives, but to better the communities and environments we live in. We need great Actuaries who want to be part of something bigger than finance alone. Because the better we can nurture our financial wellbeing as an organisation, the better we can support and make a difference for our customers when they need us most. By ensuring our products are well designed and priced, analysing business performance and ensuring proper management of insurance policies in-force, you’re not just safeguarding AIA’s financial wellbeing. You’re securing a better future for the people and communities we serve - today, tomorrow and for generations to come. If that interests you, read on.

About The Role

Responsible for assessing individual life insurance applications for Hong Kong market based on guidelines set for the issuance of AIA insurance policies.

Job Responsibilities

• Accurately underwrite all products including medical underwriting by assessing the risks according to company guidelines and regulations.
• Maintains a high level of accuracy (Quality) and always seek to improve individual quality scores with time.
• Ensure meeting individual efficiency target and turn-around-time, always seek to improve individual proficiency scores with time.
• Shows keenness to develop technical proficiency by extending underwriting scope or limits.
• Perform other responsibilities and duties periodically assigned by supervisor / manager in order to meet business requirements.
• Evaluate an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information to resolve whether to accept, modify or decline a risk.
• Collaborate with the field force or other functions of AIA to capture information for decision-making.
• Explain and defend any underwriting actions.

Job Requirements

• A recognized tertiary Bachelor's Degree or equivalent experience, Post Graduate, Professional Degree in Medical Science, Bioscience background, Insurance or equivalent qualifications.
• Candidate with Medical and Life Underwriting, nursing, or medical lab experience are encouraged to apply.
• Fluent in spoken English & Chinese. Candidate with proficiency to converse in Mandarin / Cantonese would be an added advantage. Passing SPM Chinese subject is a MUST.
• Customer oriented, self-motivated, proficient in Microsoft Office.
• Forward thinker in ensuring all required task and activities are completed.
• Able to adapt desk-bound working environment, working shift including weekend on rotation basis & able to work overtime beyond normal office hour (including weekend & public holiday).
• Willing to work in IOI City Mall, Tower 1, Putrajaya.
• The role is required to follow Hong Kong working calendar.

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.