Perform case underwriting and provide actuarial support to Corporate Solutions business with the objective of achieving business VONB and OPAT targets
Job Summary
Perform case underwriting and provide actuarial support to Corporate Solutions business with the objective of achieving business VONB and OPAT targets.
Underwrites group Life, Medical, PA and Credit life cases by analyzing benefits, claim experience, terms & conditions and reinsurance arrangement to ensure sufficient margin has been catered for projected claims, medical trend, variables, expenses and profit margin while maintaining competitiveness of product.
Participates in projects relating to actuarial solutions and identify improvement areas to gain efficiency in underwriting while maintaining the professional standard.
Matching Summary
Perform case underwriting and provide actuarial support to Corporate Solutions business with the objective of achieving business VONB and OPAT targets.
Skills & Requirements
Must-have
portfolio analysis on profitability
experience studies for pricing assumptions
in-depth claim analysis for jumbo cases
underwriting group Life, Medical, PA
recommends benefit changes and cost-containment
preparation of reinsurance documents
Nice-to-have
commitment to teamwork
attention to details
communication and interpersonal skills
Key Requirements
University / College graduate of Actuarial Science
over 6 years related working experience
obtain relevant license if job involves regulated activities