Senior Underwriting Specialist

Prudential Assurance Company Singapore; Singapore; On-site; SGD 60,000 - 120,000; Full time

Job summary

Prudential Assurance Company Singapore is seeking a life underwriting professional to assess medical and financial risks for life and health insurance applicants. You will work closely with internal and external stakeholders to evaluate risk exposures and make decisions within your authority, aligned with market trends.

The role involves face-to-face and virtual servicing with Financial Consultants/Agency Leaders, processing requests end-to-end, and participating in ad hoc projects as needed.

Qualifications

• Minimum 2–5 years of life underwriting experience.
• ACII/ANZIIF/ALU/LOMA qualifications preferred.
• Sound knowledge of medical conditions and insurance regulations.
• Strong communication and stakeholder management skills.

Responsibilities

• Assess medical and financial risks of applicants for life and health policies.
• Make underwriting decisions within authority and aligned with market trends.
• Review cases with complex medical conditions and multiple risk factors.
• Interact with Financial Consultants/Agency Leaders via face-to-face or calls.

Skills

Medical knowledge

Insurance laws

Insurance products

Interpersonal skills

Decision making

Project management

MS Office

Education

Degree in Nursing

Biomedical Science/Engineering degree

ACII/ANZIIF/ALU/LOMA

Tools

MS Office

Job description

Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Job Profile Summary

In this role, you will assess medical and financial risks of applicants for life and health insurance policies. As part of this dynamic role, you will work closely with internal and external stakeholders to evaluate the risk and exposures of potential clients.

Job De ion

• Assess medical and financial risks of applicants for life and health insurance policies
• Make decisions, within the given authority, that are consistent with underwriting standards and compatible with market trends
• Review cases with complex medical conditions and multiple risk factors.

Involved in face to face and phone/zoom calls as a part of servicing duties to the Financial Consultants/Agency Leaders. Also aligning with the Business Development Managers/Directors and explain the underwriting decision.

• Process a customer request end to end
• Provide support and services to Financial Consultants on matters relating to underwriting
• Be involved in ad hoc projects

Who We Are Looking For

Competencies & Personal Traits

• Sound knowledge of medical conditions, insurance laws & regulations
• Good understanding of insurance products
• Customer-oriented, with good interpersonal and communication skills
• Confident in problem solving and decision making
• Possesses project management skills
• Proficient in MS Office

Working Experience

• Minimum 2 - 5 years of experience in life underwriting

Professional Qualifications

• ACII, ANZIIF, ALU or LOMA

Education

• Degree in Nursing or Biomedical Science/Engineering

Prudential is an equal opportunity employer.

We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.