- Last year at the university or recent year graduates.
- UK Bachelor's Degree or above
- Excellent interpersonal communication skills
- Ability to coordinate with staff in other countries
- Responsible, patient and motivated
- Legal education background is a plus
- Evaluate health insurance applications to determine the risk of insuring potential clients based on their medical histories, demographic data, and other relevant factors.
- Make informed decisions on whether to offer insurance and under what terms, ensuring a balanced risk portfolio.
- Collaborate with actuaries and product development teams to design health insurance policies that are competitive and meet the needs of diverse Asian markets.
- Set premium rates that are both competitive and commensurate with the assessed risks.
- Stay abreast of market trends, health statistics, and regulatory changes across Asia that may impact health insurance products and underwriting standards.
- Ensure all underwriting processes and decisions comply with local regulatory requirements and company policies.
- Work closely with agents, brokers, and clients to clarify underwriting decisions and policy details.
- Foster strong relationships with healthcare providers and other partners to ensure comprehensive coverage and services for policyholders.
- Utilize data analytics to assess risk, forecast trends, and inform underwriting strategies.
- Prepare reports on underwriting activities, policy performance, and market trends for senior management.
- Bachelor's degree in finance, economics, actuarial science, or a related field.
- At least 3-5 years of experience in underwriting, specifically in health insurance, with a focus on Asian markets.
- Strong understanding of health insurance products, underwriting processes, and regulatory frameworks in Asia.
- Proficient in data analysis and statistical tools to inform decision-making processes.
- Excellent communication and negotiation skills, with the ability to explain complex underwriting decisions to non-specialists.
- Fluent in English and proficiency in at least one Asian language is highly desirable.
- Analytical and critical thinking skills.
- Attention to detail and accuracy.
- Ability to work independently and as part of a team.
- Strong organizational and time-management skills.
- Adaptability to rapidly changing market conditions and regulatory environments.
- This position may require travel within Asia to understand local market conditions and regulatory environments.
- Regular interaction with clients, healthcare providers, and insurance industry professionals.
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Description
Requirements:
A variety of soft skills and experience may be required for the following role Please ensure you check the overview below carefully.
• Risk Assessment and Decision Making:
• Policy Pricing and Development:
• Market Research and Compliance:
• Relationship Management:
• Data Analysis and Reporting: