Senior Officer
4 weeks ago
Hiring for a reputed Insurance company
Location - Oman
Job Role : Senior Officer - Life and Medical Underwriting
Salary : Exciting Salary Tax Free. ( will DM to relevant and interested candidates )
KRA's :
- Generate quotes for clients directly or through brokers.
- Adhere to company rating structure, underwriting guidelines, and procedures.
- Manage group medical renewals and maintain the company's retention ratio.
- Address all inquiries related to group medical policies promptly.
- Participate in and submit tenders for group medical and life requests for quotation (RFQ).
- Evaluate and assess medical risk factors to determine appropriate coverage and premiums.
- Collaborate with sales teams and brokers to provide underwriting support and expertise.
- Analyze group medical data and trends to make informed underwriting decisions.
- Review and interpret medical reports, claims history, and other relevant information.
- Stay updated on industry regulations and best practices to ensure compliance and efficiency in underwriting processes.
- Presenting clients with the awareness session, on boarding new clients
- Policy Issuance and related operations
Skills:
- Ability to analyze complex medical information, assess risks, and make sound underwriting decisions.
- Capability to address and resolve complex underwriting challenges effectively
- Flexibility to adjust to changing regulations, industry trends, and underwriting guidelines.
- Hands-on experience in navigating regulatory requirements and ensuring underwriting practices comply with standards.
- Understanding of medical terminology, conditions, treatments, and procedures to assess health risks accurately.
- Proficiency in data analysis tools and techniques to interpret medical data and trends.
- Understanding of claims processing and investigation to facilitate underwriting decisions
Qualifications for Senior Officer, Medical Underwriter:
• A bachelor’s degree in a relevant field such as Medicine, Nursing, or a related discipline is required.
• A Master's degree or professional certification in a related field would be considered an advantage.
Experience Required for Senior Officer, Medical Underwriter:
• A minimum of 5 to 7 years of experience in medical underwriting or a related field.
• Some experience in a supervisory or leadership role would be preferred.
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