Description and Requirements
Group Life & Medical Pricing Senior Underwriting Specialist
The Team You Will Join
We are a company driven by a solid set of principles and purposes such as diversity, equity, and inclusion. Our working culture provides flexibility and naturally a ‘hybrid’ working model as standard. We want to benefit from the many positives that come by having a more diverse working culture throughout all levels of seniority and lines of business
If you want to progress towards your goals with passion and to enjoy success with a huge and global team, we are looking forward to have you with us in our Product Development Team!
The Opportunity
Pricing Senior Underwriting Specialist is responsible to make risk analysis and pricing of the Group Life, Personal Accident Insurances and Group Complementary Health Insurance’s proposals depending on the Global Underwriting Guideline and the Pricing models, to evaluate risk and to price them in accordance with the competitive market conditions.
How You’ll Help Us Build a Confident Future (Key Responsibilities)
- To get in contact with Regional Office, Home Office and Reinsurance Companies in cases which exceed the Underwriting/Pricing authority to request their review and approval,
- To follow up the Global Underwriting process and Sales process as per the Globel Underwriting Guidelines.
- To perform studies on pricing models, to carry out studies in coordination with the Product Team in the Regional Office and Local Office.
- Writing quotes and negotiating the terms with the Local Sales Team.
- To work closely with the local claims unit and the local operation unit.
- Preparing insurance policy terms and conditions
- Reporting to Home Office of groups that fall into the Non Standard Risk Groups signed locally.
- Risk management in accordance with the rules determined by the company,
- Risk monitoring and management with operational and other units,
- To follow up the offers and policies regularly.
- To follow up the bid profitability regularly.
- Preparing the reports requested by the management
What You Need to Succeed (Required Qualifications)
- Having good knowledge of Group Life & Accident and Group Complementary Health insurance, reinsurance and claims,
- Advanced Microsoft Office Excel
- Advanced level English
- Having the power of analytical skills,
- Good math and statistics skills
- Good verbal and written communication skills,
- Good judgement skill
- Having experience in risk assessment and pricing,
- Attention to details and time management skills
Benefits We Offer
Our benefits are designed to care for your holistic well-being with programs for physical and mental health, financial wellness, and support for families.
We offer private health insurance for you and your family, life insurance, employer pension plan, meal and transportation allowance, as well as a work from home allowance. We also provide a cultural Heritage Day off, and “back to school” and “school report day” leaves and much more!