New Business Underwriting Executive- Life Insurance

Zurich; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

This innovative firm is seeking an Underwriter to analyze and underwrite life business effectively. You will be responsible for maintaining relationships with distributors, providing technical support, and ensuring adherence to underwriting standards. Your analytical skills will be crucial in identifying opportunities for improvement and making informed decisions that enhance customer experience. Join a dynamic team where your contributions will directly impact business goals and customer satisfaction. If you are passionate about underwriting and customer service, this role offers a fantastic opportunity for growth and development in a supportive environment.

Qualifications

• Proven experience in underwriting and analyzing life business.
• Strong analytical skills to assess risk and make informed decisions.

Responsibilities

• Maintain distributor relationships and explain rating decisions.
• Provide technical underwriting support and guidance to customers.

Skills

Underwriting expertise

Customer service

Analytical skills

Risk assessment

Tools

Reporting tools

Job description

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.