New Business and UW Process Lead - Senior Manager

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

The ideal candidate will be responsible for implementing guidelines that ensure a balanced ratio of favorable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.

This role requires a comprehensive understanding of risk analysis, the ability to analyze data, and make informed decisions.

By effectively managing risk, the Insurance Underwriter plays a crucial role in maintaining the financial stability and profitability of the company.

Responsibilities

• Oversee NB operations and underwriting functions that support the administration, risk assessment and issuance of life, health and investment linked applications
• Perform risk assessment of all life and health products to ensure that risk assessed is compliant to our company’s and regulatory guidelines
• Lead and provide guidance, training and development programs to our new business team and underwriters to ensure professional competency and deliver a delightful service experience to our customers and distributors
• Review appeals and handle post claim underwriting
• Develop and provide constant review of our underwriting guidelines to ensure that it is complied with our Group’s underwriting philosophy and negotiate with reinsurers to ensure that the guidelines remain competitive
• Support new product launches and corporate’s initiatives by establishing appropriate new business and underwriting guidelines for the initiatives
• Perform new business and underwriting audits

Experience and Qualifications