As a Senior Underwriter, Life & Health, you will be responsible for underwriting and claims, client servicing, support of marketing research, claims & audit, training for SCOR SE India Branch.
- Contributing to all aspects of risk management (underwriting and claim) work within SCOR to ensure that the India team meets its goal.
- Supporting to manage the day-to-day case volumes and establish SCOR’s brand with clients on the underwriting and claims servicing including training and client audits
Key duties and responsibilities
Main Scope
To implement SCOR’s underwriting policy and principles and ensure that risks are assumed on a sound and profitable basis.
Ensure that the underwriting and claims conforms with SCOR Global Life underwriting and claims guidelines
Underwriting proposals within defined authority and TAT
Processing of claims within defined authority and TAT
Referring cases beyond authority to Head of Underwriting & Claims
Conduct audits of the underwriting and claims practices of the direct companies.
Analyze and determine the client’s training requirements in underwriting and claims, and provide customized training accordingly.
Participate in new product development and formulate underwriting and claims guidelines aligned with SCOR’s underwriting and claims philosophy.
Involvement in treaty preparation and assessment of underwriting and claims MIS
To track regulatory development in the India market, study it’s impact and ensure that SCOR India is compliant
Stay informed of industry trends, regulatory changes, and emerging risks, sharing insights and potential business impacts with the broader team
Relationship
Work closely with business development team to enhance client relationships and new business opportunities
Work closely with the claims and the underwriting department of the client companies and brokers.
Maintain interaction with other departments across SCOR (e.g. business development in Singapore and India) in order to contribute to multi-function projects
Required experience & competencies
- Minimum 10 years of relevant working experience in insurance/reinsurance fields, in the areas of medical underwriting and claims.
- Experience in Health &/or Life Insurance (Underwriting & Claims)
- Degree in Science, Pharmaceutical science, MBBS, BAMS or BHMS
- ACII, LOMA, CLU and other relevant professional qualifications required
- Good Understanding of the India Market from risk and client perspective; Pleasant personality, self-motivated and good contacts in the market
- Ability to present on local & regional level
- Strong presentation, verbal and written communication and organization skills.
- Determined, Creative and Results orientated
- Excellent problem-solving skill
- Ability to adapt to changes in business needs, work independently and adhere to deadlines
- Excellent team player
- Culturally flexible and sensitive
- Willingness to travel as required
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.