Quick overview
AI summaryLife underwriting role at MAPFRE Malta, assessing medical, occupational and financial information on life protection applications against underwriting guidelines and local insurance regulations. On-site in Malta, with at least two years of underwriting experience and a Certificate in Insurance preferred. Suits insurance professionals comfortable with risk assessment, compliance documentation and liaising with sales and intermediaries.
Worth knowing: Salary bracket published at 25,000 to 30,000 euro, plus pension incentive, birthday leave and summer hours.
About the role
Mapfre Malta is hiring an Underwriter to assess Life Protection applications. The final title and level may be adjusted to suit the chosen candidate's experience.
What you'd do
You would review each application, looking at the applicant's medical, occupational and financial details, and decide whether to accept the risk and on what terms. Decisions need to be issued on time, explained clearly and properly recorded for audits and regulatory reviews. You also answer underwriting questions from intermediaries, including ones about their application portal, and take part in training sessions for them. Tracking figures such as turnaround times and approval rates, and feeding ideas into underwriting strategy, is part of the role.
What you need
At least 2 years in insurance underwriting, with life underwriting experience preferred. A Certificate in Insurance or equivalent is also preferred. You should understand local insurance regulations, think analytically, pay attention to detail, and communicate well in written and spoken English.
About the company
Mapfre Malta is an insurer. Perks include flexible hours, health and life cover, a performance bonus and an on-site gym.