Job Description
This position is responsible for:
- Collaboration with various departments and stakeholders to gather, document and analyze business requirements, process and work flow.
- To assist in identifying areas for process improvement and recommending solutions to enhance operational efficiency and effectiveness.
Major duties and responsibilities
- Conduct research and analysis of underwriting processes to identify needs and areas for improvement.
- Develop a deep understanding of the company's underwriting products and services, and provide insights to stakeholders.
- Collect and analyze data to determine the effectiveness of various underwriting strategies and identify trends and opportunities.
- Prepare and present reports on findings, including recommendations for improving underwriting processes and systems.
- Collaborate with underwriters and other stakeholders to develop functional requirements and specifications for systems and processes.
- Ensure that solutions align with company goals and objectives, regulatory requirements, and market trends.
- Monitor and test implemented solutions to ensure they meet the business needs and identify potential areas for improvement.
- Develop and maintain documentation of underwriting processes, requirements, and solutions.
- Provide training and support to underwriters and other stakeholders on new systems and processes.
- Any other tasks as assigned.
Skills
QUALIFICATIONS
- Strong understanding of Motor, residential and other personal lines products.
- Thorough understanding of standard operation flow of consumer lines business.
- Strong communication and interpersonal skills and networking.
- Result oriented and possess strong analytical skills.
- Computer literate, especially in MS Office.
Experience
- More than 2 years relevant experience in the class of business.
Qualifications
- Bachelor's degree in business administration, finance, economics, or a related field.
- Minimum of 3 years of experience in underwriting or a related field.
- Strong analytical and problem-solving skills related specifically to underwriting and risk assessment.
- Excellent communication and interpersonal skills, with the ability to work effectively with underwriters and other stakeholders.
- Experience with project management methodologies and tools.
- Familiarity with industry trends and regulatory requirements related to underwriting and risk assessment.
- Proficient in data analysis and visualization tools (Excel, Tableau, etc.).
- Attention to detail and a focus on delivering high-quality work.
- Ability to work effectively both independently and as part of a team.