Accident & Health Pricing Underwriter

Job description

Key Objective Main Interfaces

Underwriting and Product Development, Claims Department, Operations and Business Integration, Line of Business Team (mainly Brokerage, possible expansion to Direct Marketing and Travel) Partner, Broker, Agent, Direct Customer

Major Duties and Responsibilities

Underwriting Management Underwrite New Business case of A&H and approve cases within assigned authority according to the underwriting standard Oversee and direct submissions to Underwriting Manager for review beyond delegated underwriting authority. Obtain approval by Regional Management or Global Underwriting when appropriate. Ensure all business is underwritten within established Internal Audit Guidelines Establish, implement and communicate country underwriting policies and procedures, response timetables and quality standards.

Proactively prepare for pricing of new and renewal accounts considering experience and insurance risk associated. Work with marketing staff to identify and support development of new products and/or packages to meet current or potential market / customer needs and generate underwriting profits at the same time. Ensure approvals from appropriate regional and regulatory authorities are obtained timely. Initiate account and product reviews with maketing staff.

Support the underwriting management programs such as loss analysis and account managements. Liaise with other functional groups to ensure appropriate and timely flow of technical information into and out of the Underwriting Unit: e.g., Finance and Claims. Support the implementation and maintenance of new and existing products Support and Assist Product Development Other ad-hoc reports / analysis with new initiatives Reports to: A&H Underwriting Manager

Qualifications

Bachelor’s Degree in insurance or related fields (master’s degree preferred) Good understanding in underwriting and insurance industry theories and practices Minimum 3 years of experience in A&H underwriting Comfortable and effective in verbal and written communications in English. High level of interpersonal and negotiation skills at multiple levels. Experience working within a profit center environment with a mid-size to large multinational company.

Ability to adapt in new environment and proactive to learn Ability to work in a fast-paced growth environment and multi-task, also under pressure Advanced excel skill and actuarial knowledge / background is plus Problem solving / Decision making