KSK Insurance (Thailand) Co., Ltd

Accident and Health / Non-motor & Motor Underwriting Manager

KSK Insurance (Thailand) Co., Ltd
Salary provided
Posted on 23 Feb 2021

Accident and Health / Non-motor & Motor Underwriting Manager

KSK Insurance (Thailand) Co., Ltd

Job Highlights

  • Need 1 A&H Underwriter and 1 NMT&MT Underwriter
  • Manage team of underwriting
  • Collaborate with data science and insuretech com

Job Description

KSK is looking for 1 headcount as Accident and Health Underwriting Manager & 1 headcount Non-motor & Motor Underwriting Manager to join our team.

Responsibility:

  • Own, review and update underwriting guidelines and pricing conditions for all types of policies in line with company direction and targets. 
  • Collaborate with data science and insurtech partner(s) to leverage data and technology to automate quotation, pricing, policy issuance and endorsement processes in line with our company’s financials targets, workflow and SOPs.
  • Review, update and manage workflow, SOPs and manual for the team to receive, review and issue policies and endorsements for group and individual applications or standard sales orders in partnership with our sales channels / producers (broker and agents). 
  • Define and execute good strategies in partnerships with our sales channels / producers (broker and agents) to scale written premiums and improve profitability of portfolio.
  • Prepare periodic reports and analysis to update management on underwriting performance and productivity leveraging Tableau and other data tools or dashboards.
  • Validate and ensure that all premiums proposed and policies issued via our core system complies with OIC regulation and Company Underwriting Guideline as updated from time to time.
  • Manage a team of underwriter(s), policy issuance and endorsement team to support smooth and complete underwriting processes.
  • Participate in internal meetings including but not limited to senior management team meetings, and external meetings with clients where requested.
  • Initiative new product, features, coverages and / or plans for the company to introduce to the market, and prepare ratings and wordings for OIC product application and approvals; in support of this initiative, prepare market research and study including but not limited to competitor benchmarks for clear differentiation to the market.
  • Provide complete and accurate information to all and any operations team(s) to facilitate policy issuance, endorsement and invoicing correctly and on time.
  • Control and manage that all E2E underwriting functions comply within our turnaround time (TAT) and service level agreements (SLA) agreed within the Company and with our sales channels and sales producers (brokers and agents). Identify and implement methods to optimise performance TAT and SLA to provide better services to our clients. 

Key Requirements:

  • Bachelor’s Degree of Administration, Insurance or Nurse (for A&H role) or in any relate field.
  • Minimum 8 years in the insurance company as Underwriting.
  • Experience in Leadership, Teamwork & Operation for underwriting (Health, PA or Life). 
  • Extensive knowledge of insurance industry and marketplace including coverage issues, regulator issues and impact.
  • Strong analytical and problem-solving skills.
  • Excellent communication skills (verbal and written) in English & Thai.
  • Good computer literacy, Microsoft word, powerpoint and especially excel.
  • Supervisory skills including delegating task/authorities, provide guidance, personnel management.

Additional Information

Career Level
Senior
Qualification
Degree
Years of Experience
8 years
Job Type
Full Time, Permanent

Company Overview

KSK Group Berhad entered the Thai insurance market begun in August 2001 when it acquired Asia Dynamic Insurance Co. Ltd. via Kurnia Damai Sdn. Bhd. Following the acquisition, Asia Dynamic Insurance Co. Ltd.’s name was changed to Kurnia Insurance (Thailand) Co. Ltd. and subsequently changed to KSK Insurance Thailand Public Company Limited in September 2012 in line with the group-wide rebranding exercise.

With headquarters located in the bustling Bangkok Central Business District, KSK Insurance Thailand is committed to serving its customers and business partners throughout the country with exceptional support and a comprehensive range of general insurance products.

Additional Company Information

Benefits & Others
Dental insurance, Five-day work week, Flexible working hours, Medical insurance, Performance bonus