Vice President - Underwriting

Job Purpose

You are required to provide support to the Underwriting Team that involves liaising with reinsurers on underwriting guidelines, campaigns, and audit, and to co-ordinate and facilitate internal quality assurance. You are also required to provide underwriting support for all individual product lines in New Business Underwriting. 

The Job

·     Participate in the development and refinement of underwriting policies and procedures.

·     Conduct regular audits and reviews to ensure compliance with established underwriting guidelines.

·     Collaborate closely with reinsurers to develop and implement underwriting campaigns

·     Develop and maintain strong relationships with reinsurers to facilitate effective communication and collaboration

·     Identify and mitigate potential risks associated with underwriting decisions through the review of pending cases.

·     Underwrite new applications for life, health, long term care and high net worth proposals.

·     Countersign and provide guidance to underwriters.

·     Conduct underwriting training for distribution channels.

·     Ensure department KPI are achieved.

·     Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks;

·     Maintain awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks; and

·     Highlight any potential concerns/risks and proactively shares best risk management practices.

Requirements:

·       Degree with at least 10 years’ experience in underwriting Life, Accident and Health risks;

·       Non-degree holders who have relevant experience or certification in underwriting may be considered;

·       Leadership ability and a team player;

·       Strong analytical skills with the ability to work under pressure;

·       Good interpersonal and communication skills;

·       High level of integrity, takes accountability of work and good attitude over teamwork; and

·       Takes initiative to improve current state of things and adaptable to embrace new changes.