Medical Underwriter

Company Description L.P.M. (Israel) LTD serves as the local representative of Hannover Re, a leading global reinsurer, in the Israeli insurance market. The company focuses on mediating all Life and Health reinsurance transactions for Hannover Re, connecting insurers with specialized reinsurance solutions. Team members work closely with insurance providers to support risk management and product design. The organization offers exposure to international industry standards while working within the local regulatory and market environment.

Role Description The Medical Underwriter role at L.P.M. (Israel) LTD is a part-time hybrid position based in Kiryat Ono, with the flexibility to perform some duties from home. In this role, the Medical Underwriter reviews and evaluates medical information, insurance applications, and risk profiles for Life and Health reinsurance cases. The individual prepares underwriting assessments, recommends appropriate terms and conditions, and collaborates with internal stakeholders and external insurance partners to clarify medical and risk-related questions. Day-to-day tasks include analyzing medical reports, applying underwriting guidelines, documenting decisions, participating in case discussions, and supporting the continuous improvement of underwriting processes and standards.

Qualifications

• Ability to perform Medical Underwriting and apply Underwriting principles to Life and Health insurance cases.
• Knowledge of Insurance concepts, products, and reinsurance structures within Life and Health markets.
• Strong Analytical Skills for interpreting medical data, risk factors, and financial implications.
• Effective Communication skills for collaborating with insurers, medical professionals, and colleagues.
• Relevant academic background in a medical, scientific, actuarial, or insurance-related field is beneficial.
• Prior experience in medical or life underwriting, reinsurance, or health insurance is an advantage.
• High attention to detail, sound judgment, and the ability to make consistent, evidence-based decisions.
• Comfort with hybrid work arrangements and the ability to manage time and tasks independently.