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Underwriting Manager (Insurtech)

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Underwriting Manager (Insurtech)

  • Location:

    Manila

  • Sector:

    Monroe Professional Services

  • Job type:

    Permanent

  • Salary:

    PHP130000 - PHP150000 per month

  • Contact:

    Jerry Amores

  • Contact email:

    jerry.amores@monroeconsulting.com.ph

  • Job ref:

    BBBH375205_1652919365

  • Published:

    almost 2 years ago

  • Expiry date:

    2022-06-18

  • Client:

    Monroe Consulting Group

Executive recruitment company Monroe Consulting Group is recruiting on behalf of an international insurtech company with a mission to build the world's leading, technology-enabled ecosystem for protection and insurance. This company serves customers in multiple markets across North America, Asia and Europe.Our reputable client is looking for an Underwriting Manager with Product Development and Portfolio Management experience. This will be a hybrid work arrangement.

In this position, the ideal candidate will collaborate with team members to be competent and committed in achieving the team's objectives, lead and find solutions to meet the needs of the Company without sacrificing underwriting disciplines and deliver underwriting results in accordance with Key Performance Indicators.

Key Responsibilities:

  • Relationship management with panel of insurers.
  • Assessing documents to identify the level of risk considering underwriting factors and related information and making an effective assessment.
  • Carefully drafting and reviewing the insurance policies, forms, applications and pointing out any discrepancies.
  • Discuss and agree the insurance terms, policies conditions and pricing with stakeholders including the client, insurers and reinsurers.
  • Identify opportunities to improve customer experience and reduce underwriting and operational costs.
  • Manage book of business to achieve desired underwriting profitability.
  • Assist in reinsurance placement and documentation.
  • Ensure underwriting compliance in accordance with local regulatory and market practice.
  • Managing projects, developing and implementing new procedures for underwriting and continuous process improvement.
  • Ad Hoc Task required which relates to underwriting implementation within the regions.

Qualifications:

  • A basic degree or part or completed professional qualification related to Insurance.
  • Professional courses involving statistics, business, mathematics, insurance, finance is highly beneficial to this position.
  • Minimum five (5) years experiences in general underwriting
  • Experience in Product Development particularly in General Insurance
  • Technical Knowledge of Insurance Product is a must
  • Ability to communicate with other Insurance and Reinsurance Companies
  • Good interpersonal skills
  • Portfolio Management experience is a plus