Assistant Manager, Underwriting

Discover the GREAT in your career.

As a LIFE company, our customers are at the heart of all that we do. Being one of Asia’s leading insurer for over a century, we have built a long-lasting legacy of trust with our customers over many generations. At the foundation of this trust is Integrity, Initiative, and Involvement – from the way we treat every customer relationship with honesty and transparency, to our proactive approach of delivering the best possible solutions in both life and general insurance.

Integrity, Initiative, and Involvement is what guides us. It is what makes us do the right thing, take the lead, and choose ‘we’ over ‘me’. Our mission is to make life great for our customers because we understand what matters most to them, and we know how to help them protect it.

If you are looking to grow in an exciting career that empowers you to achieve the organisation’s business development objectives, we are seeking an experienced candidate to join our team as an Underwriting Assistant Manager.

Job Purpose

To determine potential clients’ risk factors and to establish the terms of coverage.

The Job

• Performs prudent underwriting of new business, existing policies and reinstatement of lapsed policies within expected response time set.
• Manages all aspects of underwriting process, selects and classifies risk according to company philosophy and standards.
• Analyzes and interprets medical, non-medical and financial information.
• Makes decisions within approval limits and determines appropriate requirements.
• Handles enquiries from distribution channels and internal customer.
• Helps in the development of senior and junior team members.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

The Person

• Degree holder. LOMA qualification/ FLMI preferred.
• Detailed knowledge of medical and financial underwriting principles and practices.
• Ability to assess financial justification for both personal and business coverage, to review and understand financial documentation.
• Effective and professional verbal and written communication skills.
• Sensible judgement, attention to details and confident decision making skills.
• Ability to define, research and resolve problems.
• High level of integrity, takes accountability of work and good attitude over teamwork.
• Takes initiative to improve current state of things and adaptable to embrace new changes.

Location: Great Eastern HQ

Employment Type: Permanent

Entity: Great Eastern Life Malaysia

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

About Great Eastern

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.

The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.

Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

Discover the GREAT in your career.

As a LIFE company, our customers are at the heart of all that we do. Being one of Asia’s leading insurer for over a century, we have built a long-lasting legacy of trust with our customers over many generations. At the foundation of this trust is Integrity, Initiative, and Involvement – from the way we treat every customer relationship with honesty and transparency, to our proactive approach of delivering the best possible solutions in both life and general insurance.

Integrity, Initiative, and Involvement is what guides us. It is what makes us do the right thing, take the lead, and choose ‘we’ over ‘me’. Our mission is to make life great for our customers because we understand what matters most to them, and we know how to help them protect it.

If you are looking to grow in an exciting career that empowers you to achieve the organisation’s business development objectives, we are seeking an experienced candidate to join our team as an Underwriting Assistant Manager.

Job Purpose

To determine potential clients’ risk factors and to establish the terms of coverage.

The Job

• Performs prudent underwriting of new business, existing policies and reinstatement of lapsed policies within expected response time set.
• Manages all aspects of underwriting process, selects and classifies risk according to company philosophy and standards.
• Analyzes and interprets medical, non-medical and financial information.
• Makes decisions within approval limits and determines appropriate requirements.
• Handles enquiries from distribution channels and internal customer.
• Helps in the development of senior and junior team members.
• Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
• Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
• Highlights any potential concerns /risks and proactively shares best risk management practices.

The Person

• Degree holder. LOMA qualification/ FLMI preferred.
• Detailed knowledge of medical and financial underwriting principles and practices.
• Ability to assess financial justification for both personal and business coverage, to review and understand financial documentation.
• Effective and professional verbal and written communication skills.
• Sensible judgement, attention to details and confident decision making skills.
• Ability to define, research and resolve problems.
• High level of integrity, takes accountability of work and good attitude over teamwork.
• Takes initiative to improve current state of things and adaptable to embrace new changes.

Location: Great Eastern HQ

Employment Type: Permanent

Entity: Great Eastern Life Malaysia

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

About Great Eastern

Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei.

The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia.

Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.