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Underwriting Manager For CAR/IAR

Excellent Fortune Insurance Co.,Ltd
Kamaryut | Yangon
Verified This job has been verified by the company as a real job vacancy.
19 Jun 2023
Recruiter active 7 hours ago The recruiter at this company was last active reviewing applications.
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Underwriting Manager For CAR/IAR

Excellent Fortune Insurance Co.,Ltd
Recruiter active 7 hours ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Verified This job has been verified by the company as a real job vacancy.

Experience level

Manager

Job Function

Legal, Risk and Compliance

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

An Excellent Opportunity for ...

Summary

You are required to provide underwriting and leadership support for CAR/IAR department in New Business Underwriting and claims process.

  • Be involved in setting up of the CAR/IAR department, including but not limited to formation of rating table, schedule, wordings, risk management.
  • Be responsible for underwriting support to run operations smoothly & effectively for CAR/IAR line of business
  • Lead and coordinate end-to-end underwriting process
  • Underwrite new applications for CAR/IAR proposals policy including determining an appropriate premium rate based on risk factors
  • Countersign and provide guidance to underwriters;
  • Review underwriting guidelines, streamline work processes to support business operations, maintain underwriting manual
  • Understand the business and regulatory compliance risks and takes appropriate steps to mitigate the risks
  • Keep updated on industry trends on regulatory compliance and underwriting
  • Highlight any potential concerns/risks and proactively shares best risk management practices.
  • Review applications of existing policies renewal and to ensure that all required information has been received and that the policy is still appropriate for coverage under the company’s underwriting guidelines.

Open To

Repatriate
Male/Female

Job Requirements

  • Degree with at least 5 years’ experience in underwriting CAR/IAR risks;
  • Non-degree holders who have relevant experience or certification in underwriting may be considered;
  • Good team player with strong analytical skills & ability to work under pressure;
  • Good interpersonal and communication skills;
  • Persuasive and able to convey ideas, plus negotiation and influencing skills
  • Able to handle conflicts and self-motivated in difficult situations
  • Displays high learning orientation and likes to innovate to achieve goals
  • Literacy in both English and Burmese (both oral & written)
  • Proficient in Microsoft Word, Excel and PowerPoint.

What We Can Offer

Benefits

SIM Plan
Attendance Allowance

Highlights

Fun Working environment
International standards
Make a difference
Join an experienced team

Career Opportunities

Training Provided
Learn New Skills on the job
Promotion Opportunities
Management Potential