MIG-2195
Deputy Manager -Life Insurance and Family Takaful
Maldives · January 24, 2022
Hiring Status Unconfirmed
Key responsibilities
Responsible for the day-to-day Underwriting assessment and evaluation of Life and Family
Takaful proposals
Manage, develop, implement and maintain all Underwriting activities for Life and Family
Takaful, in accordance with established policies and Standard Operating Procedures
Ensure that all procedures and underwriting guidelines are fully adhered
Assisting the Manager in products development and documentation for Life and Family
Takaful
Supporting the Manager in ensuring profitability of Individual Family Takaful line of
business and Life insurance products
Provide training to subordinates about the product knowledge and underwriting skills of Life
insurance
Monitor and review teams performance regularly
Align direct reports on team and individual goals (daily, weekly, monthly) and provide
regular visibility into the progress toward those goals
Meet customer on a regular basis for achieving sales targets
Identify opportunities to improve customer/leads conversion and sales team performance by
analyzing data and key performance indicators
To liaise with specialist such as appointed medical officer, Takaful operator and actuaries for
risk assessments
To coordinate with Marketing to promote and sale of General life insurance products
Contributes to Company’s operations by effective coordination with other departments
including areas of claims, policy issue and policy change
Ensures the maintenance of good customer/agency relationships through sensitive, flexible
and responsive handling of customers/agents’ questions and concerns relating to new business
and underwriting
Desired candidate profile
Bachelor’s degree in Insurance or similar qualification
Minimum of 8 or more years of experience in the Actuarial and/or insurance field, and 5 years
of Life Insurance Underwriting experience
At least 3 years of experience in a supervisory role of a Life Insurance Underwriting
Familiarity with Life Insurance reserve calculation requirements
Proficiency using computer software such as MS Office 365 is an essential
Thorough knowledge of life insurance, risk selection and medical terminology, diseases and
conditions
Excellent verbal and written communication skills
Capacity to successfully multi-task while working independently or within a group
environment
Demonstrated ability and commitment to consistently delivering exceptional customer service
Effective problem-solving skills and the ability to prioritize
A positive attitude with a desire to grow professionally and contribute to the success and
culture of the company
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