Muhammad Ansaar Email & Phone Number

Pakistan

Key Responsibilities, • Impeccably led projects and teams, setting foundation of department SOPs & structuring growth, yielding client satisfaction and organizational profitability, as well as involved in business planning and strategic decisions.• Improved loss ratio by implementing best underwriting practices and guidelines, medical claims management, coaching and mentoring team members.• Implemented team KPIs, measuring performance and charting improvement.

Pakistan

Pakistan

I am a seasoned medical underwriter with unique combination of technical expertise and managerial experience of Actuarial and Underwriting of insurance industry. I have possessed exceptionally sound judgment and analytical reasoning;a. Scaled up the profitability of operations with strategic utilization & deployment of available resources to achieve organizational objectives and operating standardsb. Built new avenues/divisions after acquisition of necessary material, human and… Show more I am a seasoned medical underwriter with unique combination of technical expertise and managerial experience of Actuarial and Underwriting of insurance industry. I have possessed exceptionally sound judgment and analytical reasoning;a. Scaled up the profitability of operations with strategic utilization & deployment of available resources to achieve organizational objectives and operating standardsb. Built new avenues/divisions after acquisition of necessary material, human and financial resources and ensuring smooth operations.c. Targeted a segmented approach and launched different products; some were mass market products, few were aimed for a niche segment while some were distributed exclusively through a specific distribution channel.d. Maintain the top line: departmental growth with the multitude of products distributed through various channels.e. Make possibilities in business growth by shifting the business towards automation and improved processes. Show less

Pakistan

Maintained Portfolio profitability Policy Department Administration in terms of TAT's Defined SOP's, process flow's and Authorization structure for each sectionReview monthly report of loss ratio, persistency ratio of renewals, conversion rateNew Product development and innovations in existing productPeople Management in terms of growth, trainings and retention

Pakistan

• Responsible for all activities in Underwriting and Policy Administration Department.• Monitor the loss ratio of new and renewal businesses and update the Management on monthly basis• Analyze and maintain the portfolio loss ratio and take decision in the light of the portfolio results.• Extensively involved in development of New Products(including Medical Group, Individual, Micro and Bancassurance) , provide market requirements and trends. Also suggest product price and targeted… Show more • Responsible for all activities in Underwriting and Policy Administration Department.• Monitor the loss ratio of new and renewal businesses and update the Management on monthly basis• Analyze and maintain the portfolio loss ratio and take decision in the light of the portfolio results.• Extensively involved in development of New Products(including Medical Group, Individual, Micro and Bancassurance) , provide market requirements and trends. Also suggest product price and targeted market.• Responsible for all Group or Corporate renewals with consideration of overall portfolio loss ratio.• Responsible for all new business quotation's risk assessment in the light of requirement of the client and offer the best suitable plans which fulfill the needs of the client. Also analyze that the quotation will have positive affect on company’s performance.• Proposing alternative solutions that would benefit the client through optimum premiums or popular benefits that may be of interest for the company.• Monitor the persistency ratio of renewals closely and the ratio of quotation issued and materialized new business• Responsible for Insertion/setup of policies in system with all benefits, premium rates and issuance of policy documents, credit letters and health Cards.• Monitor Endorsement team for timely Addition, Deletion, Plan Revision, Pool enhancement & Profit sharing endorsements.• Analyze, prepare the feasibility to offer deviations from standard policy as requested by the client and discuss the same with AGM Operations/HOD• Responsible for the Medical Underwriting decision and discuss with doctors about the bad medical cases and enquires about the medical condition, chances of re-occurrence and approximate treatment cost for the same. Consider doctor’s opinion while taking decisions• Negotiate with sales team appropriate premiums that allow us to grow the portfolio and remain profitable Show less

Pakistan

• Prepare and deliver customized group health proposals for new business which includes pricing and the design of additional clauses that may be required from time to time.• Suggest alternative solutions that would benefit the client through cheaper premium or popular benefits.• Communicate to Health Operational teams regarding information required to incept the policy.• Preparation of Renewal terms based on Loss Ratio and performance of scheme.• Preparation of Loss Ratio… Show more • Prepare and deliver customized group health proposals for new business which includes pricing and the design of additional clauses that may be required from time to time.• Suggest alternative solutions that would benefit the client through cheaper premium or popular benefits.• Communicate to Health Operational teams regarding information required to incept the policy.• Preparation of Renewal terms based on Loss Ratio and performance of scheme.• Preparation of Loss Ratio Reports using PREMIA Claims Reports. Show less

Lahore, Punjab, Pakistan

Marketing and Quotations In Marketing and underwriting department of Health Insurance, where I am performing following duties• Prepare and deliver customized group health proposals for new business which includes pricing and the design of additional clauses that may be required from time to time.• Suggest alternative solutions that would benefit the client through cheaper premium or popular benefits.• Communicate to Health Operational teams regarding information required to… Show more Marketing and Quotations In Marketing and underwriting department of Health Insurance, where I am performing following duties• Prepare and deliver customized group health proposals for new business which includes pricing and the design of additional clauses that may be required from time to time.• Suggest alternative solutions that would benefit the client through cheaper premium or popular benefits.• Communicate to Health Operational teams regarding information required to incept the policy.• Preparation of Renewal terms based on Loss Ratio and performance of scheme.• Preparation of Loss Ratio Reports using GIS Claims Reports.• Send proposals letters to clients• Make amendments in premium if required by the client• Give presentations to clients about Alfalah Health Insurance Products• Attend meetings with clients to negotiate the premium• Liaison with branches to have follow up of clients• Make analysis of claims to estimate the premium on previous claims basisAnalysis and Report Writing• Make analysis on health claims to see loss ratio of claims Plan wise, Relation wise, Age wise, Premium wise, City wise, Hospital wise and make Reports to present Senior Manager of Health Insurance.• Prepared reports of Claims Monthly, Quarterly, Half yearly and annually to present Head of Department.• Pre health claims analysis before issuance of a quotation to new client.• Liaison with underwriting department in calculation of premium, issuing policy and prepare necessary documents and pass endorsements. Show less

Msc, Actuarial Science

B Com

Acii, Insurance And Risk Management