The purpose of this position is to oversee and execute key responsibilities that align with organizational goals, ensuring efficient operations and contributing to overall success. This role requires a candidate with a proven track record in the specified field, along with the ability to manage multiple priorities and deliver high-quality results in a dynamic environment. The ideal candidate will demonstrate strong problem-solving skills, adaptability, and a commitment to continuous improvement while fostering collaboration across teams.
Execute the Health underwriting mandate by applying rigorous risk selection, maintaining strict pricing discipline, and managing portfolios effectively within designated authority limits, all while ensuring loss ratio targets are met, portfolio quality is upheld, and alignment with the company’s underwriting philosophy is achieved.
Key duties encompass overseeing project timelines, coordinating team efforts, and ensuring deliverables meet quality standards and deadlines. The role requires proficient communication skills to liaise with stakeholders, clients, and internal departments, alongside the ability to analyze data and generate actionable insights. Applicants must possess a minimum of five years of relevant experience in a leadership capacity, along with expertise in industry-specific tools and methodologies. Additional qualifications include strong problem-solving abilities, a results-driven mindset, and a commitment to fostering collaborative work environments. Responsibilities may also extend to budget management, risk assessment, and maintaining compliance with regulatory requirements.
Perform underwriting functions for the health insurance portfolio to uphold strong risk selection, maintain high-quality business standards, and meet profitability and loss ratio objectives.
Assess health risks and determine underwriting outcomes—whether to accept, decline, or modify applications—within the scope of delegated authority, utilizing sound technical judgment and strict compliance with established underwriting guidelines.
Analyze risk exposure to establish and enforce suitable pricing, terms, and conditions, maintaining a strategic equilibrium between market competitiveness and rigorous underwriting standards.
Ensure strict adherence to established underwriting standards, credit policies, and delegated authority limits while upholding robust risk governance and audit preparedness.
Monitor designated risks while executing on risk survey suggestions, guaranteeing prompt execution and sustained enhancements to portfolio quality.
Partner with business development, claims, and other internal teams to facilitate the acquisition of new business, enhance client retention, and address underwriting-related concerns efficiently and effectively.
Monitor underwriting performance trends, identify emerging risks or areas of underperformance, and facilitate corrective measures to address these issues.
Ensure meticulous maintenance of underwriting records and proper documentation of client data, adhering strictly to company policies and regulatory standards.
Adhere rigorously to the designated Delegated Authority Matrix and elevate any actions beyond the prescribed thresholds for proper review.
Support ongoing enhancements to underwriting procedures, streamline turnaround times, and elevate service delivery standards.
Perform all additional responsibilities as directed to contribute to the achievement of departmental goals.
Required knowledge, experience, and qualifications include a comprehensive understanding of industry standards, proficiency in relevant technical skills, and a proven track record in the field. Candidates must possess a formal education in a related discipline, such as a bachelor’s degree or equivalent qualification, coupled with hands-on experience in practical applications. Familiarity with specific tools, methodologies, or regulatory frameworks pertinent to the role is essential. Additionally, strong problem-solving abilities, attention to detail, and the capacity to work both independently and collaboratively are critical.
A bachelor’s degree in Actuarial Science or an insurance-related field is strongly preferred.
A recognized professional qualification in Insurance, such as ACID or INK, is required for this role.
Seeking a candidate with six to eight years of hands-on experience in Health Underwriting, at least two of which must have been in a leadership or supervisory capacity.
A strong preference is given to candidates who demonstrate a sharp focus on innovation within the insurance and financial services industries.
Proven ability to compile, analyze, and present data effectively, along with expertise in maintaining accurate and up-to-date records.
Proficiency in data visualization tools, such as Power BI or Tableau, or comparable platforms, will be considered a beneficial asset.
Qualifications
BA/BSc/HND , Professional Certificate
Experience Required
6 - 8 years
