New Business Underwriter (HNW & Non-HNW) | Singapore, SG
Job Details
Full Job Description
New Business Underwriter (HNW & Non-HNW) At AIA we've
started an exciting movement to create a healthier, more sustainable
future for everyone.
It's about finding new ways to not
only better people's lives, but to better the communities and
environments we live in. We need great Actuaries who want to be part
of something bigger than finance alone. Because the better we can
nurture our financial wellbeing as an organisation, the better we can
support and make a difference for our customers when they need us
most. By ensuring our products are well designed and priced, analysing
business performance and ensuring proper management of insurance
policies in-force, you're not just safeguarding AIA's financial
wellbeing. You're securing a better future for the people and
communities we serve - today, tomorrow and for generations to
come.
If that interests you, read on.
About
the Role
WE ARE LOOKING FOR...
A team member who
will perform new business underwriting assessment for High Net Worth
(HNW) cases and non-HNW cases within assigned authority, achieving
underwriting KPIs through active case management and support daily
operational tasks. Scope includes Life, HSG, Accident & Health and
Personal Lines.
WHAT YOU'LL BE DOING
- Underwrite large sum assured applications (formal and
preliminary) and communicate decision to intermediaries within agree
TAT with competitive underwriting decision and minimal requirement(s)
calling. This will include negotiating with reinsurers for terms
favorable to placing the business.
- Ensure cases are
underwritten within the agreed TAT.
- Reviewing complex
appeal cases and coaching junior underwriters to underwrite large sum
assured cases.
- Liaison with reinsurers on referral cases
that are beyond local authority.
- Resolving enquiries and
issues with channel management is also part of the responsibility of
this role.
- Actively handling own cases appeal with team
lead and postpone and decline cases by directly communicating to agent
or BDM on the rationale and any other option that can be explored.
- Review and identify area of process improvement or
operational efficiency within New Business department. Also, to
support Section Head to drive changes in process improvement and
operational efficiency.
- Involved in Quality Assurance
review (audit of cases) where applicable.
- Involved in
Product and Campaign launches where applicable.
- Instill a
higher risk awareness culture and collaborate with second liner on
roles and support needed.
- Provide underwriting-related
support to business development projects when needed.
- Perform data or trend analysis when needed.
WHAT WE ARE LOOKING FOR
You are able to adapt to dynamic environments and manage multiple stakeholders. You also have:
- A Bachelor's Degree in a relevant field.
- At least 10 years underwriting experience in either direct
insurers or reinsurers.
- Good customer service and
communication skills.
- Proficiency in other languages will
be good.
#LI-HN1
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.
AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance g...
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#J-18808-LjbffrNew Business Underwriter (HNW & Non-HNW) | Singapore, SG
AIA Singapore Private Limited
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