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Head of Underwriting and Product Development
Head of Underwriting and Product Development
Alliance for Recruitment
Head of Underwriting and Product Development

Head of Underwriting and Product Development Alliance for Recruitment

Job description

  • work with the Management team and ensure that the underwriting function complies with the goals, objectives and standards of  #Balcia and meets customer satisfaction
  • develop, improve and implement guidelines for the underwriting function and analytical processes
  • carry out assessments of large and non-standard risks, setting underwriting conditions and premiums
  • draw up quotes for competitive insurance premiums for major contracts
  • perform screening of risk processes in the company
  • ensure that all decisions meet legal, compliance and policy requirements
  • negotiate and define the specific terms of insurance policies with partners and clients
  • keep detailed records of policies underwritten and decisions made

Requirements

  • 5+ years of insurance underwriting experience (experience in high-quality development, administration and control of insurance products)
  • Ability to analyze market information, develop and implement strategies and tactics for underwriting products
  • Knowledge of insurance products and ability to be responsible for compliance with all requirements and rules related to entering into contracts
  • Ability to manage activities and cooperation aimed at introducing products in the market and meeting objectives
  • Hands-on experience with various risk assessment methods, analytical tools, and statistical packages (spreadsheets, SPSS, databases, etc.)
  • Proven numeracy and statistical skills
  • Insurance product competence (in Commercial Property or General Civil Liability)
  • Advanced verbal and written English Language skills

NICE TO HAVE:

  • Bachelor’s degree in business administration, actuarial science, finance, business law or accounting
  • Experience in leadership roles

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