Underwriting - Insurance
2 days ago
Job Description
- Develop and execute strategic initiatives to enhance underwriting and new business efficiency
- Drive digital underwriting integration, rule-based decision engines, and Straight-Through Processing (STP) initiatives.
- Ensure system scalability and data integrity to support business expansion and product diversification.
- Collaborate with Product, System, and Reinsurance teams for new product readiness and channel enablement.
- Establish and maintain underwriting standards, risk parameters, and authority limits aligned with reinsurance treaties.
- Review and approve complex, medical, financial, or high-sum-assured cases.
- Oversee full new business processes, ensuring TAT, SLA, and compliance with OJK and internal policies.
- Ensure compliance with local regulations and internal risk management frameworks.
- Support company-wide ISO 27001 initiatives related to operational and data governance.
Requirements
- Bachelor's degree in Actuary, Insurance, Business, or related field.
- Professional certification (AAAIJ/AAIJ, AAAIK/AAIK, FLMI, or equivalent) preferred.
- Minimum 10 years' experience in life insurance operations, with 5+ years in managerial or leadership role.
- Proven experience in digital underwriting systems, automation projects, and STP transformation.
- Deep understanding of OJK regulations, reinsurance treaties, and life insurance processes.
- Experience handling ecosystem and non-ecosystem (broker, B2B2C, bancassurance) business lines.
- Strong leadership, analytical, and interpersonal skills.
- Excellent communication in English.
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