Underwriting Consultant

Your qualifications:

• Grade 12 (Essential)
• Relevant tertiary qualification; a medical diploma/degree is beneficial

Your Outputs (include but are not limited to):

• Receive underwriting requirements from clinical
• Synthesize the requirements received and use internal and external guides to make the final decision regarding the cover
• Underwriting of new business policies, group risk policies, and servicing cases
• Communicate with Financial advisors and distribution specialists regarding decision-making for underwriting
• Handle queries regarding premiums
• Assess risk on life cover, serious illness cover, and disability cover
• Adhering to Risk Management (underwriting) rules, rating, and insurance laws and regulations
• Make decisions regarding the acceptance, price, and policy terms and conditions that are consistent with business Risk Management and ensure a profitable loss ratio
• Manage and resolve queries received from various stakeholders, including doing the necessary follow-up work
• Develop and maintain effective working relationships with internal and external customers
• Communicates openly and within a timeframe

Your experience:

• Minimum 2-3 years of experience as a life insurance medical underwriter
• Experience in Individual life insurance products, i.e., Life cover, Permanent Disability cover, Temporary Income Cover, and Critical Illness
• Sound Business and Operational knowledge of Insurance Industry administrative processes
• Good knowledge of the business administration platforms
• Familiar with Compliance Processes and Procedures in the Insurance Industry
• Experience in underwriting temporary (income protector) and permanent disability, critical illness, as well as signing authority (Essential)
• Decline excessive risks or impose additional conditions or increase premiums for high-risk

Your skills and character traits:

• MS Office and PC literate
• Accurate Typing Skills
• Excellent verbal and written communication skills
• Quality driven
• Ability to pay attention to detail, as accuracy is important
• Using effective interpersonal skills to resolve conflict situations
• Ability to work effectively with others and contribute to team task accomplishment
• Ability to multitask and manage multiple priorities
• Have the ability to operate effectively under pressure
• Task and deadline oriented
• Analytical mind and above-average problem-solving techniques
• Strong sense of ownership
• Pro-active and innovative
• Relationship Management