Underwriter - Actuarials degree - Life & Medical Job at Two95 International Inc., Malaysia

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  • Two95 International Inc.
  • Malaysia

Job Description

Job Responsibilities:

  • Underwrite life and medical insurance products by assessing the risks according to company guidelines and regulations.

  • Ensure issuance of new applications and renewal materials are within standard turnaround time.

  • Collaborate with the internal and external stakeholders to ensure that requirements and needs of the clients are met to develop new business and retain existing clients.

  • Conduct analysis on risk to ensure profitable portfolio.

  • Product development by furnishing product features, pricing, policy wording, standard operating procedure and product materials.

  • Review existing products for new development and enhancements to stay competitive in the market.

  • Ensure continuous compliance of regulations and procedures at all time.

  • Initiate improvement to operational and process flow efficiency.

  • Work on action plans to achieve company target.

  • Ensure timely report submission to management.

  • Ensure underwriting documentations are filed and records are accurate.

  • To undertake any other duties and responsibilities requested by the Management as and when required.

Requirements

  • Education: Bachelor's Degree, Post Graduate, Professional Degree in Actuarial Science, Mathematics, Statistics, Insurance or related fields.
  • Minimum of 3 years’ underwriting experience, with in-depth knowledge of life and/or medical insurance.
  • Customer oriented and self-motivated.
  • Proficient in Microsoft Office.
  • Strong numerical and analytical skills.
  • Excellent verbal and written communication skills.

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