Manager, Underwriting (Middle East)

Roles & Responsibilities

This is a perfect gateway into the highly niche sector of non-life re / insurance, part of Singapore's bustling financial services sector. As a wholly-owned entity of the world-renowned Mitsui Sumitomo Insurance (MSI) Group, we are dedicated to developing young talents for our sector.

As a member of our leadership team, you can look forward to career development, professional training, a friendly and collaborative culture and a competitive compensation package.

Responsibilities

• Underwrite Non-Marine (Property, Engineering and Liability) insurance policies / covers for large and complex commercial risks in various territories across Asia
• Manage ongoing insurance broker relations and expectations in relation to underwriting, co-ordinating and ensuring the flow of relevant and timely information and communication between internal functions and external parties
• Contribute to managing and developing an agreed portfolio of accounts, negotiate with brokers / customers to achieve favourable terms for the Company
• Underwrite allocated cases in line with the agreed processes with the necessary senior direction and support; underwrite risks in accordance with the Company’s capacity and risk appetite
• Review relevant classes of proposals (case by case) and making balanced and well-reasoned recommendation for acceptance of each case above one's authority
• Provide error-free documentation to brokers / customers
• Ensure transactions are processed within the agreed timeframe; supervise and guide the allocated processing team to ensure timely and accurate recording of transactions
• Ensure that the controls identified in Internal Control over Financial Reporting (ICOFR) are applied consistently
• Ensure compliance with all laws, regulations, and guidelines, including internal policies, rules and procedures
• Develop own skills / knowledge in the functional area with the aim of enhancing the quality of work and achievement of KPIs

Requirements

We regret that only shortlisted candidates will be contacted

Tell employers what skills you have

Account Management

Middle East

Leadership

Reinsurance

site surveys

Property

Energy Project

Commercial Lines

Civil Construction

Underwriting

Compliance

Engineering

Statistics

Commercial Insurance

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