Group Underwriter

Allianz Worldwide Care
Dubai
AED 50,000 - 200,000
Job description

Responsibilities:

  • Analyzes statistical data to determine probability of risks or financial impact.
  • Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
  • Collaborates with programmers, underwriters, accounts, claims experts, and senior management to help insurance companies develop plans for new health line of business or improving existing health business.
  • Designs, reviews, and helps administer insurance policies, determining financial soundness and calculating premiums.
  • Determines policy contract provisions for health insurance.
  • Develops systems to ensure compliance with the requirements of regulatory bodies.
  • Assists in the development of new health products.
  • Assures continuous technical profitability to risk carriers (insurance & reinsurance companies).
  • Provides continuous and effective visibility to risk carriers on their portfolio status.
  • Conducts pricing review, analysis and development.
  • Provides early warnings and issue recommendations on corrective measures.
  • Assures high retention of clients.
  • Constructs probability tables based on statistical data analysis and other pertinent information.
  • Provides expertise to management, manage risks and maximize returns.
  • Measures, monitors, and mitigates portfolio and enterprise risks.
  • Oversees asset and liability modeling, product development, and profit testing.

What you bring:

To be successful in this position you will need to have the following skills/ experience:

  • Bachelor's Degree; any financial background is required. Certificate in Actuarial Science is a plus.
  • At least 5 years of work experience in data analysis, pricing and client management; Insurance industry is a plus.
  • Proven extensive experience in creating and delivering professional and effective presentation and report-writing skills.
  • Excellent English communication skills is a key for this role. Arabic skill is a plus.
  • Ability to motivate others.
  • Legally permitted to work in the country of operations.
  • Fluency in MS Office (Excel, Word, Outlook, PowerPoint) and general internet navigation and research skills.
Get a free, confidential resume review.
Select file or drag and drop it
Avatar
Free online coaching
Improve your chances of getting that interview invitation!
Be the first to explore new Group Underwriter jobs in Dubai