Life Insurance Underwriter (m/f/o)

Tasks

• Assess and underwrite individual and group life insurance applications in line with company guidelines and risk appetite
  
  
• Evaluate medical, occupational, lifestyle, and financial factors to determine eligibility, coverage limits, and premium levels
  
  
• Liaise with reinsurers on complex or high-sum assured cases and negotiate terms where required
  
  
• Communicate underwriting decisions clearly and professionally to brokers, agents, and internal stakeholders
  
  
• Ensure compliance with MFSA (Malta Financial Services Authority) regulations and company policies
  
  
• Maintain accurate underwriting records and support efficient policy issuance
  
  
• Stay informed on local and international market trends, medical advancements, and regulatory developments affecting life insurance
  
  
• Contribute to underwriting best practices, process improvements, and system enhancements
  
  
• Mentor junior underwriters and provide technical guidance when needed

Requirements

• Bachelor’s degree in Business, Finance, Economics, Insurance, or related field
  
  
• Professional insurance qualification (e.g., LOMA, ALU, ACII, FALU) highly desirable
  
  
• Proven experience as a Life Insurance Underwriter, preferably within the Maltese or European market
  
  
• Solid understanding of medical terminology, mortality/morbidity tables, and financial underwriting
  
  
• Familiarity with MFSA regulations and reinsurance practices
  
  
• Strong analytical, problem-solving, and decision-making skills
  
  
• Proficiency in underwriting software and Microsoft Office tools