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.

• 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.