Group Medical Underwriter

2 months ago


Sharjah, United Arab Emirates Combuzz HR Solutions Full time
JobSummary:

The Group MedicalUnderwriter is responsible for evaluating and assessing grouphealth insurance applications determining coverage levelscalculating premiums and managing risk. This role involves workingclosely with brokers clients and internal teams to ensure thatpolicies are underwritten in accordance with company guidelines andregulatory requirements.

KeyResponsibilities:
  1. RiskAssessment andEvaluation:

    • Reviewand analyze group health insurance applications and medicalreports.
    • Assess risk factors anddetermine eligibility forcoverage.
    • Develop and applyunderwriting guidelines andprocedures.
  2. PolicyPricing and PremiumCalculation:

    • Calculatepremiums and determine coverage levels based on riskassessment.
    • Use actuarial data andstatistical models to support underwritingdecisions.
    • Ensure pricing iscompetitive and aligns with company profitabilitytargets.
  3. Clientand BrokerInteraction:

    • Workclosely with brokers and clients to explain underwriting decisionsand policy terms.
    • Provide supportand guidance on complex underwritingissues.
    • Build and maintain strongrelationships with keystakeholders.
  4. RegulatoryCompliance:

    • Ensureall underwriting activities comply with local regulatoryrequirements and companypolicies.
    • Stay updated on changes inhealthcare regulations and industrytrends.
  5. DataAnalysis andReporting:

    • Analyzeclaims data and trends to inform underwritingstrategies.
    • Prepare reports andpresentations on underwriting performance and riskassessments.
    • Provide insights andrecommendations for improving underwritingprocesses.
  6. TeamCollaboration:

    • Collaboratewith sales claims and actuarial teams to ensure seamless policyadministration.
    • Participate intraining and development programs to enhance underwriting skillsandknowledge.
Qualifications:
  • Education:

    • Bachelors degree in Insurance Business Administration Finance or a relatedfield.
    • Professional certificationsin underwriting (e.g. CII LOMA) arepreferred.

  • Skills:

    • Stronganalytical and problemsolvingskills.
    • Excellent communication andinterpersonal skills.
    • Proficiency inMicrosoft Office Suite and underwritingsoftware.
    • Attention to detail andability to work underpressure.
    • Knowledge of localhealthcare market and regulatoryenvironment.


Requirements
  • Experience:

    • Minimumof 35 years of experience in medical underwriting preferably ingroup health insurance.
    • Experiencein the UAE is Must
AdditionalRequirements:
  • Fluency inEnglish; knowledge of Arabic is aplus.
  • Ability to travel within theUAE as required.
  • Commitment tocontinuous learning and professionaldevelopment.


Experience: Minimum of 3-5 years of experience in medicalunderwriting, preferably in group health insurance. Experience inthe UAE is must.

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