Kuala Lumpur, MY
Underwriting Analyst
About the role
Description of duties and responsibilities:
- Provide pre-underwriting support as needed, including tasks such as renewal review, risk assessment, preparing costing, underwriting summaries, quotes, endorsements, and calculations across General Insurance business.
- High interaction and coordination with underwriting, on-shore/off-shore support, as well as other functional areas such as Products, Finance, and Claims.
- Formulate answers to questions, reviewing files, records, and other documentation as needed; disseminate or explain information, take direction, and resolve issues Support in premium handling, monitoring and chasing
- Read, coordinate and work with documents from external customer, determine appropriate next steps. Compose business correspondence, with input from underwriter (if needed), Collaborate and handle the development/maintenance of Standard Operating Procedures, system and tool improvements and testing/piloting system and process changes
- Handling of international business programs
- Follow established performance standards, metrics and controls applicable to the business unit supported
- Participate in ongoing reviews and task analysis, making recommendations from which business decisions are based
- Participate and implementation of ad-hoc project as part of process improvement implementation
- Produce, verify and maintain business reports for regulatory compliance e.g. MAS contract checklist, AML Key control monitoring
- Collaboration with outsourced providers on queries and issues to ensure data quality and accuracy
Additional Responsibilities
- Proactively manage customer expectation and provide guidance to team members
- Responsible for internal reporting when needed
- Support Line Manager when required
About you
- University Degree or equivalent
- Minimum 5 years of relevant insurance experience required
- Must be fully proficient with English (reading, written and verbal)
- Strong customer focus and service orientation
- Excellent computer skills – Microsoft Excel, Word, PowerPoint, SharePoint, and Outlook
- Demonstrated collaborative approach in successfully working in globally located team situations in a matrix environment, understanding and exhibiting sensitivity to cultural differences.
- Evidenced use of logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Ability to work on complex problems and review related detailed information to participate in developing and evaluating options and assists in implementing solutions.
- Strong interpersonal skills and ability to establish and maintain effective working relations with internal and external people in a multi-cultural environment.
- Strong analytical skills including underwriting evaluation and determining and communicating recommendations to the Underwriter while working within established underwriting guidelines and operating procedures.
- Builds relationships to create a foundation for future influence. Serves as a mentor to Associate level staff.
- Strong attention to detail, ability to identify, evaluate, report and work on complex problems
- A strong team player with ability to demonstrate the highest level of professionalism and integrity
- A proactive, solutions-oriented individual who demonstrates initiativeand can work independently with moderate oversight from managers
- Agile, solutions and results oriented individual with an ability to multi-task
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Reference Code: 136136
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