China Life Insurance (Overseas) Company Limited

Underwriting Manager

China Life Insurance (Overseas) Company Limited
Posted on 21-Apr-21

Underwriting Manager

China Life Insurance (Overseas) Company Limited

Job Highlights

  • Manage new individual life applications
  • Complete underwriting of new applications
  • Participate in projects or non-routine tasks

Job Description

Responsibilities

  • Responsible for providing efficient and professional underwriting services including:
    • Ensure that new individual life applications are assessed according to the company’s guidelines and risk management principles
    • Complete underwriting of new applications, re-underwriting cases within the company’s KPI
    • Monitor daily task volumes and take necessary actions to ensure department  jobs are completed timely and smoothly.
    • Provide quality and professional response to enquiries from representatives of sales channels, and handle complaints relating to underwriting
    • Negotiate with reinsurers for reinsurance related matters
    • Assessed suggested cases from junior underwriters
  • Participate in projects or non-routine tasks such as
    • Provide training to sales and internal staff to enhance their underwriting  knowledge
    • Participate in enhancing underwriting guidelines relating to new products or guidelines enhancements when necessary
    • Collaborate with related parties in implementing changes or enhancements
    • Responsible for successful launch of assigned projects/special tasks
    • Promote efficiency and professional standard of the department

Requirements

  • Bachelor Degree holder in any disciple
  • With not less than 8 years of underwriting experience in individual life insurance industry with at least 3 years in supervisory/ managerial role
  • Experience in high net worth underwriting is an added advantage
  • FLMI/ACS qualification or equivalent
  • Very good interpersonal communication skills
  • Strong management skills with analytical thinking
  • Strong business sense and eager to make continuous improvement
  • Candidate with more experience can be considered as Senior Manager

Additional Information

Career Level
Senior
Qualification
Degree
Years of Experience
8 years
Job Type
Full Time, Permanent

Company Overview

China Life Insurance (Overseas) Company Limited (“China Life (Overseas)”) with presence in Hong Kong, Macau, Singapore and Indonesia is a wholly-owned subsidiary of China Life Insurance (Group) Company, China’s largest financial insurance corporation.

Additional Company Information

Industry
Insurance/Pension Funding
Benefits & Others
Life insurance, Medical insurance, Performance bonus, Five-day work week