Manager, A&H Pricing Underwriter
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Job Location:
Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Underwriting Management
- Underwrite New Business case of A&H and approve cases within assigned
authority according to the underwriting standard
- Oversee and direct submissions to Head of Underwriting for review beyond
delegated underwriting authority.
- Obtain approval by Regional Management or Global Underwriting when
appropriate.
- Ensure all business is underwritten within established Internal Audit Guidelines
- Establish implement and communicate country underwriting policies and
procedures response timetables and quality standards.
Proactively prepare for account renewal review & sponsor campaigns with
marketing staffs. Work with sales staff to identify and produce new products and/or
packages to meet current or potential market needs and to generate underwriting
profits. Ensure approvals from appropriate regional and regulatory authorities are
obtained timely. Initiate account and product reviews with sales staff.
Develop and ensure the following underwriting management programs are
implemented:
- Loss Control (appropriate use of the available services)
- Quality Control
- Underwriting Plan/Monitoring Control
- Pricing Management (using the Burning Cost Model as appropriate)
- Catastrophe Management
- Portfolio Planning including Account Management
- Portfolio Pricing
- Portfolio Monitoring and Control
Train mentor and guide Underwriters to be technically proficient in underwriting
and product development. Initiate and lead in reviewing underwriting proficiency
and customer focus efficiency of Underwriters and Underwriting team
Liaise with other functional groups to ensure appropriate and timely flow of
technical information into and out of the Underwriting Unit: e.g. Finance and
Claims.
Support the implementation and maintenance of new and existing products
Support and Assist Product Development in terms of:
- Rating and Form development and approval
- Product library updates
- Review Regulatory Rate Filing and approval management
- U/W Coordination with marketing
Qualifications
- Bachelors Degree in insurance or related fields (masters degree preferred)
- Solid proficiency of underwriting and insurance industry theories and practice
- Minimum 5 years of experience in A&H underwriting
- Minimum 7 years of experience in insurance industry
- Comfortable and effective in verbal and written communications in English.
- High level of interpersonal and negotiation skills at multiple levels.
- Experience working within a profit center environment with a mid-size to large
- multinational company.
- Able to team lead and provide excellent leadership to the department to drive results
- Ability to work in a fast-paced growth environment and multi-task also under
- pressure
- Advanced excel skill and actuarial knowledge / background is plus
Required Experience:
Manager
Key Skills
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
