Senior Consultant, Underwriting

2 weeks ago


Singapore TRANSAMERICA LIFE (BERMUDA) LTD. Full time
**Job Summary

Reporting to Head, Underwriting (Singapore), this role exists to implement the Company's Underwriting ("UW") policies and ensure delivery of the agreed service standards.


_The key result indicators for this role are: _

  • Leads the UW team service delivery to our business partners by ensuring the service standards are met.
  • Supports the development of the UW team and effective case handling and professional service delivery.
  • Handles case signoff and jumbo cases in collaboration with Sales & Distribution (S&D) and with the support of the Head, Underwriting (Singapore). Support the overall team implementation of new initiatives to enhance the UW operation.

Responsibilities

  • Achieves UW turnaround within targets and with a quality service to the business partners.
  • Ensure close collaboration across the team and manages resources and case allocation to ensure service levels are maintained.
  • Works closely with Compliance, CMO, reinsurers and the case approvers to ensure a smooth and timely case decision.
  • Proactively contributes to the case UW when necessary to ensure service levels are not missed.
  • Builds strong relationships with business partners and collaborates with S&D providing support via meetings, presentations and associated events.
  • Ensures timely and effective communication of the UW service levels to Head, Underwriting (Singapore).
  • Provides regular UW meetings/clinics for business partners as agreed with S&D
  • Supports Head, Underwriting (Singapore) with reinsurance activities, competitor and market developments and highlights those areas requiring a review of TLB UW philosophy.
  • Supports the development of the UW team by actively participating in internal training sessions. Handle special projects and other assignments as delegated.

Requirements:

  • Possess a degree qualification and having professional qualification; LOMA, ALU, ALUCA or CII will be desirable.
  • Preferred Qualification: Experienced in HNW underwriting in international markets.
  • Minimum 10 years of Life & Health UW experience. Having Life & Health UW Authority USD 5 million or above within the direct/reinsurance market is an advantage.
  • Proficient UW skills medically and financially
  • Experienced in working directly with distribution partners.
  • Able to work under pressure and independently when required.
  • Effective written and oral communication skills
  • Good interpersonal skills with energy and drive
  • Coaching capabilities Ability to communicate and justify UW decisions made in a confident, calm and clear manner.
- **- **- ****_Personal data collected will be used for recruitment purposes.
- ****_Personal data of unsuccessful applicants may be retained up to two years only._

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