Sign up free to see how well your resume matches this role.
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...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.
