Senior Underwriting Officer

JOB PURPOSE
Responsible for assessing, analyzing and making decisions on medium to high risk insurance claims, ensuring accuracy, fairness, transparency and compliance with legal regulations
KEY ACCOUNTABILITIES
Key Accountabilities (1)
Underwriting insurance applications
- Assess life insurance applications involving elevated risks such as critical illnesses, high- value financial coverage, hazardous occupations, or complex products.
- Analyze medical, financial, and behavioral disclosures using internal guidelines, international standards, and reinsurer consultations when necessary.
- Record exceptional cases for internal training and process improvement purposes.
- Ensure timely, transparent, and compliant processing of cases with thorough documentation.
- Recommend appropriate underwriting actions including premium loading, benefit exclusions, coverage limits, or declinations.
Key Accountabilities (2)
Mentoring and Technical Guidance
- Support junior underwriters by reviewing cases, clarifying underwriting principles, and guiding risk classification practices.
- Conduct peer reviews to ensure consistency and quality across underwriting decisions.
- Participate in internal projects related to system upgrades, process optimization, and quality control.
- Collaborate with product, legal, and operations teams to align underwriting processes with new product launches.
- Develop training materials and lead regular knowledge- sharing sessions to enhance team expertise.
Key Accountabilities (3)
Reinsurance Coordination and Compliance Oversight
- Ensure all underwriting decisions comply with legal regulations, ethical standards, and internal policies.
- Prepare periodic reports on approval rates, decline ratios, and other performance metrics.
- Address system errors, process gaps, and feedback from clients or advisors to refine underwriting practices.
- Liaise directly with reinsurers to manage cases beyond internal authority or with unique risk factors.
- Propose enhancements to workflows, systems, and documentation to improve accuracy and efficiency.
- Contribute to internal audits and operational performance reviews.

Qualifications and Work Experience
• Bachelor’s degree in Finance, Insurance, Business Administration, or related fields.
• Preferred certifications: LOMA, ALU, FALU or equivalent.
• Proficient in underwriting software, risk assessment tools, and basic Excel functions.
• Minimum 5 years of experience in life insurance underwriting or policy operations.
• Familiarity with medical terminology, financial analysis, and insurance principles.

Chế độ bảo hiểm, Du Lịch, Chế độ thưởng, Chăm sóc sức khỏe, Đào tạo, Tăng lương

Cập nhật gần nhất lúc: 2026-04-10 07:10:03