Junior Executive - Underwriting

JOB DESCRIPTION

1. Risk Assessment & Analysis

● Evaluate Group Metrics: Analyze group census data, age demographics, and historical claims experience to identify and quantify potential risk exposures.

● Predictive Modeling: Utilize statistical data to forecast future utilization trends and claim behaviors for prospective and renewing groups.

2. Quote Preparation & Structuring

● Collaborative Pricing: Design and construct tailored benefit quotes based on specific requirements communicated by the Sales Single Point of Contact (SPOC).

● Financial Alignment: Ensure the pricing structure balances competitiveness in the market with the company's profitability goals.

3. Data Management & Administration

● Underwriting Governance: Maintain precise and organized underwriting files.

● CRM Hygiene: Consistently log activities, quote versions, and risk decisions within the CRM system to ensure data integrity across departments.

4. Compliance

● Policy Adherence: Guarantee that all generated quotes strictly comply with internal underwriting guidelines and risk appetites.

● Efficiency: Manage workflow effectively to meet or exceed established Turnaround Times (TAT).

5. Stakeholder Communication

● Strategic Insights: Partner with the Sales SPOC by providing clear, data-driven insights into the group's risk profile.

● Pricing Justification: Articulate the rationale behind specific pricing decisions and rate adjustments to support the sales team in client negotiations.

REQUIREMENTS:

● Option 1 (Experienced): Minimum 1 year of direct experience in Group Health Underwriting.

● Option 2 (Academic Background): B.Sc. in Actuarial Science (fresh graduates with a strong numerical foundation are welcome).

● Option 3 (Career Switch): Experienced medical claims processing professionals with strong technical knowledge who want to transition into underwriting.

TECHNICAL & COMPETENCY REQUIREMENTS

● Analytical Mindset: Exceptional ability to spot trends, anomalies, and details within complex data structures.

● Software Skills: High proficiency in MS Excel (v-lookups, pivot tables, data sorting) and MS Word.

● Core Skills: Strong team player, adaptable to changing priorities.

BENEFITS

A Collaborative & Seasoned Peer Network

● Expert Mentorship: Work alongside a diverse, high-performing team with a rich mix of experienced and innovative thinkers.

● Knowledge Sharing: Benefit from a collaborative environment where insights into complex risk assessments and underwriting strategies are shared freely.

Accelerated Career Development

● Fast-Tracked Growth: Engage in high-impact underwriting projects that challenge your analytical skills and expand your business acumen.

● Continuous Learning: Access a workplace dedicated to your professional evolution, offering the tools, feedback, and autonomy needed to advance your career at an accelerated pace.

Skills Required
Predictive Modeling, Data Management, Ms Word, Ms Excel