New Business Underwriting, Specialist

AIA Hong Kong; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading insurance firm in Kuala Lumpur is looking for experienced Actuaries to manage underwriting roles and support financial wellbeing. Candidates should possess a tertiary qualification in Medical Science or equivalent and have at least 5 years' experience in the Life Insurance sector, particularly in medical and financial underwriting. Strong interpersonal and delegation skills are essential for this position. Join us to help customers and the community live healthier lives.

Qualifications

• Minimum 5 years working experience in Life Insurance Industry in medical and financial underwriting.
• Strong interpersonal and delegation skills.
• Ability to share ideas and suggestions clearly.

Responsibilities

• Review and manage complicated cases to achieve a high settlement ratio.
• Evaluate cases recommended by junior underwriters.
• Engage with business peers and provide technical consultation.

Skills

Interpersonal skills

Delegation skills

Education

Tertiary qualification in Medical Science or equivalent

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

Key responsibilities include:

• Handle and manage reviews, appeals, complaints cases.
• Maintain underwriting qualities and support to relevant distribution channels.
• Provide customer-friendly decisions.

Roles and Responsibilities

• To review and underwrite complicated cases and achieve high settlement ratio.
• To evaluate and countersign cases recommended by the junior underwriter, to make prudent business-focused decisions effectively and timely.
• To ensure Turn-Around-Time and service level is efficiently managed.
• Engage with business peers/partners and act as a professional to liaise with Life Planners.
• To provide technical consultation/advice. Provide solution and guide agent to get the case finalized.
• Priority consultation and underwriting services for premier Life Planners.
• Able to prepare and conduct Underwriting workshop/Clinic/roadshow.
• Involved in Compliance screening related tasks and ensure continuous compliance of regulations/procedures set for New Business Underwriting Department. Provide top priority service to all complaint cases.
• To perform other responsibilities and duties, this may be assigned from time to time by the Supervisors/HOD in order to meet operational and/or other requirements.

Minimum Job Requirements:

• Possess a tertiary qualification preferably in Medical Science or equivalent.
• Preferably with at least 5 years working experience in Life Insurance Industry in medical and financial underwriting, legal aspect of life insurance.
• Strong interpersonal & delegation skills.
• Able to share any ideas, suggestion or guidelines clearly with the team.
• Able to build good relationship & trust at all levels.
• Right demeanor & ability to produce high quality work under pressure.

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

Note: 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.