Strategic Goal of Team:
- Provide customized reinsurance solutions and engage actively with client to achieve strategic, business and financial targets as per approved Business Plan.
- Promote the *** Re’s brand, strengthening our profile as a leading reinsurer in the Global Markets
Principal Accountabilities:
- Actively present and participate in industry conference and task force
- Collaborate with Business Development and Pricing Actuary on technical discussion with clients on new initiatives, with the goal to deliver appropriate solutions to meet with client’s strategic growth aspirations
- Enhance the underwriting function including but not limited to streamlining, automation, and predictive assessment
- Implementation of medical underwriting manual and underwriting guidelines
- Provide medical underwriting training to clients
- Mentor clients’ medical underwriters when necessary
- Underwrite facultative cases that exceeds clients’ authority when necessary
- Review claims that exceeds clients’ authority
- Perform underwriting and claims audits
- Keep abreast of medical and pharmaceutical developments
- Support and advise ceding companies in product development
- Develop and maintain relationship with the C-suites, decision makers and key influencers of new and existing clients, and to deliver appropriate solutions to meet with client’s strategic growth aspirations
Requirements:
- University graduate, preferably medical doctor’s degree
- FLMI qualification or equivalent
- Minimum 15 years of life insurance experience in medical underwriting with exposure to wide range of risk underwriting, including but not limited to mortality, morbidity, occupational hazards, dangerous sports, etc.
- Fluent in medical terminology
- Proficient in web-based underwriting
- Preferably prior experience in life operations and policy servicing
- Prior experience in life reinsurance preferred
- In-depth understanding of the life insurance industry
- Administration process design and implementation
- Project management experience
- Fluency in English, knowledge of Asian languages a plus