Chief Underwriting Officer(CUO) Job description

I/ Key job tasks

1. In charge of the technical underwriting of the general and life insurance products
2. Analyze statistical data, such as claims history, mortality rates forecast risk and liability of a potential policy
3. Structure insurance products and price profitably
4. Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits
5. Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums
6. Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, and/or the public.
7. Supports development of new insurance products
8. Lead the underwriting of large group contracts
9. Form part of the overall leadership of the company

II / Job specification

1. A minimum of a BS; a MBA would be a plus; ideally in math/statistics field
2. 3-5 years of previous roles in insurance company (ideally in Life insurance) in charge of underwriting
3. Actuary certificate would be a clear advantage
4. Strong drive and motivation; can do attitude
5. Good people person
6. English is a must; French would be an advantage
7. Excellent written and oral communication skills.
8. Demonstrated leadership ability, team management, and interpersonal skills.
9. Excellent analytical and abstract reasoning skills, plus excellent organization skills.