About the job Head of Underwriting
Job Description
I. Underwriting Department
Administer all core functions in the underwriting department.
Set up effective and smooth standard operation Procedures in the underwriting
department to support the company's daily business operations.
Ensure that the underwriting operation is met with all compliance requirements in
connection with local regulators or overseas partners.
Ensure the company's growth and profitability from all lines of business.
Prepare underwriting guidelines for the company and authority limits to relevant staff in
UW Department, subject to be approval by the CEO.
Provide a product or technical training to all business channels upon request.
Keep motivating all staff in the department and create a culture of teamwork spirit.
Keep motivating all staff to remember and respect the company's vision, mission, and
core value set.
Ensure that daily works run smoothly and are solved reasonably and professionally.
Arrange and propose terms for the company's reinsurance treaty on an annual basis
with the CEO.
Check and verify all reports under the underwriting department are correctly produced and well controlled both in hard files and online files, including Premium Register, Treaty Risk Bordereaux, Facultative Reinsurance Bordereaux, Co-insurance Bordereaux and MEFs Business Statistics (Monthly, Quarterly and Year-Ended Reports).
Handle all product approvals for submission to the Ministry of Economy and Finance,
including Khmer translation.
Ensure that reinsurance capacity is fully supported by both local and overseas
reinsurance partners prior to binding the terms and conditions.
Handle and supervise the financial institution business channel and co-insurance and
ensure that the premium meets the company's target.
Other Tasks
Assist other UW members if their work is overloaded.
Other tasks assigned by the CEO.
III. Back Up
Backed up by the assigned UW staff or Deputy UW Manager.