Assistant/ Manager, Underwriting (Raffles Health Insurance)

Raffles Medical Group; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading healthcare provider in Singapore is looking for an Assistant/Manager in Underwriting for its health insurance division. The successful candidate will underwrite various health insurance products and assess applicant insurability, ensuring compliance with set criteria. Responsibilities include risk assessment, collaboration across departments, and administrative duties. A minimum of four years of experience in insurance or healthcare is required, along with a diploma or degree in any discipline.

Qualifications

• Minimum 4 years of relevant experience in Insurance or Healthcare.
• Sound understanding of underwriting concepts.
• Ability to handle a dynamic environment and adapt to changes.

Responsibilities

• Underwrite health insurance products such as Term Life and Critical Illness.
• Assess applicant insurability and determine risk.
• Provide advice to colleagues and support other departments.

Skills

Communication skills

Interpersonal skills

Attention to detail

Ability to multi-task

Teamwork

Result-driven

Flexibility

Ability to work independently

Quick learner

Education

Diploma / degree in any discipline

Job description

Assistant/ Manager, Underwriting (Raffles Health Insurance)

As an Underwriter, you will be responsible for defining the specific terms of the insurance policy that is agreed upon.

You will examine insurance applications, conduct extra research, collect background information and make risk assessment.

You will be responsible in reviewing insurance applications and screen them based on the criteria of the specific terms of the insurance policy that is agreed upon.

You will analyze the risks associated with applications and ensure that it meets the minimum criteria.

MAJOR DUTIES AND RESPONSIBILITIES

1. Underwrites health insurance products such as Term Life, Critical Illness, Hospitalisation & Surgery, and Outpatient etc.
2. 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.
3. Prepare documents to obtain additional information, make arrangement for applicant to undergo medical examination etc.
4. Summarize medical reports received provided.
5. Discuss with Senior Underwriter / Clinical Director for complicated cases.
6. Provide advice, when required, to colleagues from other departments.
7. Work closely with related departments to ensure that insurance applications are processed timely and accurately.
8. 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
• 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.

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