Manager, Life and Product Underwriter
About Us
Malaysian Life Reinsurance Group Berhad (MLRe) is the first reinsurer in Malaysia, and we take pride in our strong local presence and in-depth knowledge of the local market as well as its global industry expertise.
With over 25 years of experience, we combine our excellent understanding of the local market and global technical expertise to provide innovative reinsurance solutions to clients.
We Are Hiring:
We are in the lookout for dynamic individuals to join our Underwriting team as our Manager, Life & Product Underwriter. In this role, you will be a key contributor in the areas as follows:
- Perform prudent underwriting for individual life proposals, individual medical insurance proposals, and group insurance within stipulated time frames to ensure accuracy and compliance with industry standards.
- Review and counter-sign referrals from cases underwritten by underwriters with lower authority limits.
- Guide and mentor junior underwriters to enhance their skills and knowledge, ensuring adherence to best practices and company policies.
- Assist in the research and development of new products and business opportunities
- Review product design, policy provisions, treaties, and business development quotations to ensure products are viable and aligned with market demands.
- Review and enhance underwriting guidelines to ensure they are comprehensive and include competitive ratings and offers.
- Conduct periodic quality assurance reviews on cedents to ensure their underwriting philosophy aligns with company standards.
- Coordinate and conduct mid-scale face-to-face industry seminars and webinars for cedents, evaluating the effectiveness of training sessions to ensure continuous education and knowledge transfer.
- Prepare reports for internal departments and/or management reporting purposes when necessary, documenting underwriting case volumes, turn-around-time achievements, and other relevant metrics.
Qualifications:
- Possess a tertiary qualification preferably in Biomedical Sciences, Biology, Science, Genetics, Biochemistry, Nursing.
- Minimally 8 - 10 years working experience in life and health insurance underwriting with authority limit exceeding MYR 4,000,000 and of +200%EM.
- Experience in Takaful Insurance, Group Scheme and Product Underwriting is an added advantage.
- Possess strong interpersonal skills with the ability to communicate effectively at all levels within the organization.
- Demonstrate good analytical skills, particularly in identifying significant factors and insights from large volumes of data.
- Showcase a proactive and committed role towards tasks and maintaining consistent progress.
About Us
Malaysian Life Reinsurance Group Berhad (MLRe) is the first reinsurer in Malaysia, and we take pride in our strong local presence and in-depth knowledge of the local market as well as its global industry expertise.
With over 25 years of experience, we combine our excellent understanding of the local market and global technical expertise to provide innovative reinsurance solutions to clients.
We Are Hiring:
We are in the lookout for dynamic individuals to join our Underwriting team as our Manager, Life & Product Underwriter. In this role, you will be a key contributor in the areas as follows:
- Perform prudent underwriting for individual life proposals, individual medical insurance proposals, and group insurance within stipulated time frames to ensure accuracy and compliance with industry standards.
- Review and counter-sign referrals from cases underwritten by underwriters with lower authority limits.
- Guide and mentor junior underwriters to enhance their skills and knowledge, ensuring adherence to best practices and company policies.
- Assist in the research and development of new products and business opportunities
- Review product design, policy provisions, treaties, and business development quotations to ensure products are viable and aligned with market demands.
- Review and enhance underwriting guidelines to ensure they are comprehensive and include competitive ratings and offers.
- Conduct periodic quality assurance reviews on cedents to ensure their underwriting philosophy aligns with company standards.
- Coordinate and conduct mid-scale face-to-face industry seminars and webinars for cedents, evaluating the effectiveness of training sessions to ensure continuous education and knowledge transfer.
- Prepare reports for internal departments and/or management reporting purposes when necessary, documenting underwriting case volumes, turn-around-time achievements, and other relevant metrics.
Qualifications:
- Possess a tertiary qualification preferably in Biomedical Sciences, Biology, Science, Genetics, Biochemistry, Nursing.
- Minimally 8 - 10 years working experience in life and health insurance underwriting with authority limit exceeding MYR 4,000,000 and of +200%EM.
- Experience in Takaful Insurance, Group Scheme and Product Underwriting is an added advantage.
- Possess strong interpersonal skills with the ability to communicate effectively at all levels within the organization.
- Demonstrate good analytical skills, particularly in identifying significant factors and insights from large volumes of data.
- Showcase a proactive and committed role towards tasks and maintaining consistent progress.