Director, Regional Underwriting Risk Management

2 weeks ago

Mumbai, India Reinsurance Group of America Full time

Position Overview

Responsible for maturing and implementing appropriate and robust underwriting risk management and quality assurance standards. Ensures sound risk management practices through collaboration between Global, Regional and Local office underwriting and cross-functional stakeholders. Ensures RGA’s regional underwriting risk and quality assurance frameworks keep pace with and adequately support all lines of business and future developments in underwriting.

Responsibilities

Underwriting Quality Assurance:

Guide and coordinate planning and timely execution of all regional client quality assurance reviews in consultation with Local Office Chief Underwriters and Quality Assurance (QA) l Mature the client quality assurance process within the region to achieve and maintain satisfactory corporate control and reliance standards. Oversee planning, support, and execution of all Regional internal quality assurance activities, ensuring: Provide expert hands-on assistance, as required, for underwriting quality assurance and audit activities in collaboration with the Global Underwriting, Global Audit or Local Office teams. Ensure the Regional quality assurance framework: keeps pace with and adequately supports developments in electronically underwritten business (through AURA and other e-UW solutions used by RGA’s clients). Work more closely with the Claims function to achieve alignment where possible in conducting and reporting audits.

Underwriting Risk Management:

Develop and implement and improve upon risk controls, incident notification and reporting for the Region. Identify and address underwriting weaknesses and risks which may impact RGA (including skills, experience, resources, processes, and control issues). Develop close interaction with Local Office Underwriting Management to help appropriately identify, manage, and report risk incidents as they occur. Support the Local Office routine risk reporting process. Ensure the adequacy and continuous improvement of all risk controls to manage RGA’s growing portfolio, including identifying appropriate data, process, and infrastructure improvements. Proactively maintain current knowledge of industry and regulatory developments, assisting Local Offices to anticipate and fulfill their compliance obligations. Advocate for appropriate operational and risk management standards; driving change through coordination, rollout, and adoption at the Local Office level of all improvements.

Overarching Responsibilities:

Engage with cross-functional stakeholders especially Claims within RGA (including Administration Operations, Claims, IT, Audit, Risk, Compliance and Legal) to ensure current and future work is aligned to meet the business’s best interests. Maintain regular connection with the Global Underwriting team, particularly the AVP, Head of Global Underwriting Technical Development, Competitiveness & Quality, and team, to ensure effective coordination and alignment of priorities. Ensure RGA’s regional underwriting risk management and quality assurance frameworks keep pace with and adequately support all lines of business and future developments in underwriting. Provide guidance and training to Regional and Local Office teams regarding the underwriting quality assurance process and risk management concepts.

Requirements

Education and Experience

Required:

Bachelors degree and 10+ years insurance industry experience Significant underwriting quality assurance experience Broad cross-functional and multi-product experience (mortality and non-mortality business knowledge)

Preferred:

Graduate degree and/or relevant professional experience Multi-country underwriting experience 5+ years reinsurance experience Additional language abilities, other than English, a distinct advantage.

Skills and Abilities

Required:

Excellent understanding of underwriting standards, risk controls, quality, and risk assurance principles. Demonstratable understanding of the broader reinsurance business – including pricing, product, treaties, retro, claims and administration and how they interact with underwriting. Ability to identify opportunities for continuous improvement and to maintain and implement processes and procedures globally. Demonstratable, in-depth understanding of difference in underwriting practices, processes, and systems globally. Advanced MS Office skills Ability to comprehend and interpret insurance documents. Excellent oral and written communication and presentation skills, demonstrating the ability to convey business terminology that is meaningful and well received by stakeholders. Excellent persuasion skills when working with internal partners and external customers to resolve issues/problems. Expertise in implementing change, ensuring understanding, participation, and ownership. Highly advanced investigative, analytical, and problem-solving skills utilising experience, research, guideline, and internal resources. Well organised with ability to manage multiple tasks or projects simultaneously, including the ability to handle changing priorities. Expert ability to analyse and recommend improvements to business processes. Exceptional ability to play an active role in developing and actioning departmental vision and goals through collaboration, creative thinking, persistence, even under adversity, while maintaining the confidence of stakeholders. Exceptional ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines. Exceptional ability to work well within a team and to foster teamwork. Ability to work online and accommodate peers in all time zones. Ability to travel as required. Excellent spoken and written language skills.

  • Director, Regional Underwriting Risk Management

    2 months ago

    mumbai, India Reinsurance Group of America Full time

    Position Overview Responsible for maturing and implementing appropriate and robust underwriting risk management and quality assurance standards. Ensures sound risk management practices through collaboration between Global, Regional and Local office underwriting and cross-functional stakeholders. Ensures RGA’s regional underwriting risk and...

  • Director, Regional Underwriting Risk Management

    2 days ago

    mumbai, India Reinsurance Group of America Full time

    Position Overview Responsible for maturing and implementing appropriate and robust underwriting risk management and quality assurance standards. Ensures sound risk management practices through collaboration between Global, Regional and Local office underwriting and cross-functional stakeholders. Ensures RGA’s regional underwriting risk and...

  • Ad Buyer Underwriting

    3 weeks ago

    Mumbai, India Standard Chartered Full time

    **Job***: Institutional Banking **Primary Location***: Asia-India-Mumbai **Schedule***: Full-time **Employee Status***: Permanent **Posting Date***: 02/May/2023, 2:26:24 AM **Unposting Date***: Ongoing **Roles and Responsibility** - In line part of the Open account growth strategy, we are adding new capabilities enabling us to provide market need based...

  • Underwriter - Insurance

    7 days ago

    Mumbai, Maharashtra, India Serving Skill Full time

    **What is underwriting?** Process of selecting, classifying, analyzing and assuming risk according to insurability. Underwriting of a risk involves consideration of material facts on the basis of which a decision will be taken whether to accept the risk and if so at what rate of premium **Role of underwriters.** Underwriters are needed to identify and...

  • Commercial Underwriter Mumbai

    2 weeks ago

    Mumbai, India Kaapro Management Solutions Full time

    Opening: 1 Nos.- Job ID: 53705- Employment Type: Full Time- Reference: - Work Experience: 3.0 Year(s) To 8.0 Year(s)- CTC Salary: Not Disclosed by Recruiter- Function: Accounts / Finance / Tax / CS / Audit- Location: - Mumbai Posted On: 21st Jan, 2023 **Insurance Underwriter | Marine Department |? Examining insurance proposals & Collecting background...

  • Medical Underwriting

    6 days ago

    Mumbai, India TopGear Consultants Full time

    **Urgent Opening** **Role**:Medical Underwriting **Experience**: 3 to 10 Years **Location**:Goregaon (Mumbai) Only **Industry**: Life Insurance Only **Roles and Responsibilities** - Underwriting for New business and Policy Servicing. - Determining risk based on collected background information. - Making a firm determination with the provided medical...

  • AVP / Chief Manager - Underwriting

    3 days ago

    Mumbai, India Antal International Full time

    Job DescriptionYour key responsibilities:Quote management – Ensuring timely and quality quotesMarket engagement – developing confidence with intermediaries on the underwriting capabilities of the companyPortfolio management – monitoring performance on top line as well as bottom line and contributing to corrective measures for deviationsProfitability...

  • Underwriting

    3 days ago

    Mumbai, India Royalspro Full time

    POSITION Underwriting DEPARTMENT Operations PRODUCT Life Insurance EDUCATION Min Graduation (Post Graduate is an added advantage) New Business Underwriting. Co-ordination and collaboration with sales for login and issuance. Pre-login verification of cases Follow-up and co-ordination with insurers. Maintenance of Login and issuance...

  • Commercial Banking

    2 months ago

    Mumbai, India JPMorgan Chase Bank, N.A. Full time

    **Job Title** **Commercial Banking Credit Risk Underwriter - Associate** **Posting Description**: As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve...

  • Commercial Banking

    15 hours ago

    Mumbai, India JPMorgan Chase Bank, N.A. Full time

    **Job Title** **Commercial Banking Credit Risk Underwriter - Associate** **Posting Description**: As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve...

  • Pazago - Credit Risk Underwriter - Logistics/NBFC

    3 weeks ago

    Mumbai, India Pazago Full time

    Pazago || Credit Risk Underwriter ll Global Trade Tech || Mumbai - Andheri EastLocation: Mumbai, Andheri East About Pazago:Pazago is a pioneering cross-border trade startup led by YCombinator alumni. Our SaaS platform is at the forefront of revolutionizing global trade, making it simpler and more accessible for businesses to expand internationally. At...

  • Pazago - Credit Risk Underwriter - Logistics/NBFC

    2 weeks ago

    Mumbai, India Pazago Full time

    Pazago || Credit Risk Underwriter ll Global Trade Tech || Mumbai - Andheri EastLocation: Mumbai, Andheri East About Pazago:Pazago is a pioneering cross-border trade startup led by YCombinator alumni. Our SaaS platform is at the forefront of revolutionizing global trade, making it simpler and more accessible for businesses to expand internationally. At...

  • AVP / Chief Manager - Underwriting

    2 months ago

    mumbai, India Antal International Full time

    Job Description Your key responsibilities: Quote management – Ensuring timely and quality quotes Market engagement – developing confidence with intermediaries on the underwriting capabilities of the company Portfolio management – monitoring performance on top line as well as bottom line and contributing to corrective measures for deviations ...

  • AVP / Chief Manager - Underwriting

    2 weeks ago

    mumbai, India Antal International Full time

    Job Description Your key responsibilities: Quote management – Ensuring timely and quality quotes Market engagement – developing confidence with intermediaries on the underwriting capabilities of the company Portfolio management – monitoring performance on top line as well as bottom line and contributing to corrective measures for deviations ...

  • Underwriter

    2 weeks ago

    Mumbai, India Transformatrix Global pvt ltd Full time

    Company Name -Techsurance Pvt.Ltd Principal Responsibilities: Complete review of the Applicant profile including credit, income, assets, employment & medical health status to provide a summarized view of the risk Checking relevant databases and websites to prevent fraudulent profiles from getting into the system Complete review of customer documents and...

  • Treaty Underwriter

    7 days ago

    Mumbai, Maharashtra, India SCOR Full time

    The jobholder manages the casualty treaty portfolio in India, which encompasses marketing, planning, underwriting, results monitoring, ensuring compliance with SCOR process / procedures / guidelines. The jobholder also supports the underwriting activity for other territories and other lines of business to achieve the objectives and strategy defined. SCOR...

  • Underwriter

    2 months ago

    Mumbai, Maharashtra, India LanceTech Solutions Pvt Ltd Full time

    Job Overview: The Conventional Underwriter plays a pivotal role in the meticulous review, conditioning, and underwriting of mortgage loans, ensuring adherence to established policies, procedures, and relevant guidelines. The incumbent scrutinizes all documentation for accuracy and completeness. Key **Required Skills**: Looking for 4+ years of...

  • Underwriter

    3 days ago

    Mumbai, India WhiteKolar Resourcing And Staffing Full time

    Job Role : Underwriter Location : Mumbai MBA Fresher Or Experience are Eligible Co-ordination and collaboration with sales for login and issuance. Pre-login verification of cases Follow-up and co-ordination with insurers. Maintenance of Login and issuance MIS. Assessment of risk as per the companies philosophy and supporting guidelines. Ensure...

  • Cb Credit Risk Underwriter

    3 days ago

    Mumbai, India JPMorgan Chase Bank, N.A. Full time

    As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and...

  • Medical Underwriter

    2 weeks ago

    Mumbai, India Career Shaper Full time

    **Position Title **:Manager **Department **:Underwriting-Medical Underwriting **Level / Band**:401 **Role Summary**: - Risk assessment and placement of profitable lives on the company books. - Expertise on medical opinions, Higher test interpretation (ECG/TMT/stress ECHO etc.) - Should be able to coordinate for Health product set up, benefits,...