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, Construction, Energy,
Engineering and Liability) insurance policies / covers for large and
complex commercial risks in our Middle
East and APAC
territories
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 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
At least 12 years' re / insurance underwriting experience
in large / complex commercial risks segment; specific experience in
the Middle East and / or APAC region is essential
Degree in engineering or a related discipline will be
ideal
SCI qualification / Membership of
Chartered Insurance Institute (UK) or equivalent
Compensation will be commensurate with the candidate's
experience level - salary range stated in this job posting is meant
as a guide ony
Knowledge / understanding of the
risks underwritten in corporate / commercial segment
Knowledge of commercial insurance underwriting process
and market practices
Understanding of
reinsurance concept and practices
Experience
of conducting risk surveys
Ability to
understand / interpret insurance conditions, clauses and
warranties
Ability to identify, analyse and
interpret data, statistics and information for evidence-based
decision-making
We regret
that only shortlisted candidates will be contacted
Manager • Singapore