Ruwan Nayanajith Kodithuwakku
Dubai,UAE
Summary
Professional and detail-oriented individual with more than 18 years of work experience. Knowledgeable in internal and external customer service, technical skills, written communication skills, health technical underwriting, medical terminology, claims audit, and underwriting and claims processes. My primary goal is to maximize profits for the company and minimize losses by competent analysis of insurance cover applications. Equipped with solid background in the insurance industry, as well as strong analytical, research, and statistical skills. I am positive and confident that this goal can be achieved. My years of experience as a health Insurance Underwriter for various different companies provided me with imperative first-hand knowledge and sharpened my risk assessment, record keeping, policy-writing, and decision making abilities. One of my objectives involves continuous improvement as an Insurance Underwriter in Healthcare. This is being said, I am very much confident that I will be an asset to any insurance organization in the industry.
Overview
19
19
years of professional experience
3
3
years of post-secondary education
Work history
Senior Underwriting Analyst
Allianz Partners
Dubai, UAE
2025.04 - Current
- Risk Assessment & Analysis: Conducted detailed risk assessments and evaluations for corporate and individual insurance policies, ensuring alignment with company underwriting guidelines and regulatory standards.
- Policy Pricing: Developed and implemented pricing strategies for various insurance products, leveraging actuarial data and market trends to maintain profitability and competitiveness.
- Portfolio Management: Monitored and managed the performance of underwriting portfolios, identifying trends and recommending adjustments to optimize profitability.
- Profit-Sharing Agreements: Negotiated and maintained profit-sharing clauses with clients, ensuring mutual benefit and compliance with policy terms.
- Stakeholder Collaboration: Worked closely with payers, sales teams, and clients to provide tailored underwriting solutions and maintain strong business relationships.
- Data Analysis & Reporting: Utilized advanced analytical tools to prepare detailed reports on claims ratios, loss trends, and underwriting performance for senior management.
- Process Improvement: Streamlined underwriting processes by implementing automation tools and best practices, reducing turnaround time and improving accuracy.
- Compliance: Ensured all underwriting activities adhered to internal policies, industry regulations, and risk management frameworks.
- Team Mentoring: Provided guidance and training to junior underwriters, fostering skill development and knowledge-sharing within the team.
Supervisor – Medical Underwriting
Abu Dhabi National Insurance Company (ADNIC)
Dubai, UAE
2018.12 - 2025.04
- Collect appropriate and accurate information required to decide on the acceptable risk for a medical insurance policy.
- Evaluate new business and renewal application in order to determine insurability based on corporate guidelines and standards.
- Determines the premium upon the risks involved and Prepares quotations for those eligible schemes according to the underwriting guidelines and obtain sign off from Underwriting Manager.
- Follow-up with the brokers, agent and clients for feedback with regards to the given quotation.
- Downloading statistical report from system and analyzing them, clams forecasting and monitoring Group performance.
- Monitoring the policy performance monthly and discussing with management and claims department.
- Research for new market – new clients and project for the department.
- Visiting Direct Clients and Brokers to negotiate and conclude the businesses.
- Review claims history of each policy due for renewal.
- Recommend renewal terms and obtain sign off from Underwriting Manager.
- Issue renewal terms and follow up.
- Negotiate renewal with customer or broker reacting to market feedback if applicable.
- Review KYC verification upon receipt of confirmation of new policies and renewal policies with appropriate documents.
Pricing & Underwriting Manager (Medical).
VIDAL Health Services (TPA).
Dubai, UAE
2017.04 - 2018.12
- In-charge of the Medical U/W Division.
- Scrutinizing the Quotations prepared by the Junior Underwriters and deciding on the prices.
- Attending to Clients Relations Support Services.
- Meeting and Convincing the Clients on Quoted Prices and Closing the Deals.
- Evaluating the confirmed policies ensuring Enhanced Benefits to clients and Potential Revenues to the Insurers.
- Handling all Capitations Schemes of the PIs.
- Designed SME Products and Handled Handling Capitations Schemes.
- Analyzing the Underwriting Guidelines and providing clarity to arrive at favorable Loss Ratios.
- Scrutinizing the Policies and Endorsements for Compliance with DHA and HAAD Regulations.
- Managing Actuarially Projected premium rates with Underwriting Guidelines of Potential Business Competition in the market.
Medical Underwriting Officer
Ras Al Khaimah National Insurance Company
Dubai, UAE
2015.09 - 2017.04
- Determines the premium that is to be paid by the client depending upon the risks involved.
- Preparation of Renewals such as Group & Individuals based on the running loss ratios.
- Visiting Direct Clients and Brokers to negotiate and conclude the businesses
- Visiting Corporate Clients, Making Presentations to the Senior Management of the Companies on Quotations and products on offer.
- Managed over the target of budgeted production goal resulting huge number of medical policies.
- Reduced the Combined Ratio to a favorable level.
- Supported the Sales Staff, Producers etc on their business inquiries.
Medical Insurance Executive
Al Futtaim Orient Insurance Company
Dubai, UAE
2011.07 - 2015.08
- Receiving Medical Quotations Inquiries from Direct Clients/Internal Marketing Staff and Brokers.
- Scrutinizing them to ensure whether they are subject to the Underwriting guidelines.
- After vetting uploading to the U/W tool to arrive at the premium rate.
- Generating the competitive rates reviewing the U/W requirements.
- Preparing Individual & Group Medical Quotations and releasing them within the agreed TAT.
- Upon confirmation, issuing the Cover Confirmation.
- Communicating & following up with the TPA (NextCare & MEDNET) to speed up the Medical Cards.
- Dispatching the cards to the client/broker/marketing staff before the stipulated time frame.
- Following up with Premium Invoices.
Team Leader/Insurance Relations.
NEXTCARE Health Services (TPA)
Dubai, UAE
2007.12 - 2011.06
- Scrutinizing policy Benefit Schedules.
- Creation of plan products.
- Uploading the data on the system as per the policy terms.
- Attending to all kind of Additions and Deletions Endorsements.
- Printing the medical insurance cards.
Education
Master of Business Administration - Completed Master of Business Administration
University of Suffolk/UK.
UK 2020.10 - 2022.04
Diploma - Completed Diploma of Higher Education Information Technology
IDM College of Colombo, Sri Lanka
Sri Lanka 2005.12 - 2007.11
Completed Level 5 Award in Leadership and Management.
The program conducted by Broadlands, an ILM Approved Centre
UAECertificate of completion RISC Underwriting consumer lines.
RISC Institute DMCC
UAECertificate of completion RISC competency training course in Underwriting commercial lines.
RISC Institute DMCC
UAECertificate of Completion of Negotiation Skills. Awarded by ADNIC.
Skills
- Certificate of Completion of Negotiation Skills Awarded by ADNIC
- Excellent Interpersonal Skills
- Business planning and reviews
- Initiative
- Complete solutions
- Contract co-ordination and specification
- Logical Thinking
- Team Player and Positive Thinker
- Presentation Skills
- Result Oriented
- Negotiation Skills
- Hard working and result oriented
- Disciplined and capable of managing the responsibilities independently
Timeline
Senior Underwriting Analyst
Allianz Partners
2025.04 - Current
Master of Business Administration - Completed Master of Business Administration
University of Suffolk/UK.
2020.10 - 2022.04
Supervisor – Medical Underwriting
Abu Dhabi National Insurance Company (ADNIC)
2018.12 - 2025.04
Pricing & Underwriting Manager (Medical).
VIDAL Health Services (TPA).
2017.04 - 2018.12
Medical Underwriting Officer
Ras Al Khaimah National Insurance Company
2015.09 - 2017.04
Medical Insurance Executive
Al Futtaim Orient Insurance Company
2011.07 - 2015.08
Team Leader/Insurance Relations.
NEXTCARE Health Services (TPA)
2007.12 - 2011.06
Diploma - Completed Diploma of Higher Education Information Technology
IDM College of Colombo, Sri Lanka
2005.12 - 2007.11
Completed Level 5 Award in Leadership and Management.
The program conducted by Broadlands, an ILM Approved Centre
Certificate of completion RISC Underwriting consumer lines.
RISC Institute DMCC
Certificate of completion RISC competency training course in Underwriting commercial lines.
RISC Institute DMCC