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Manager / Deputy Manager, Underwriting

Manager / Deputy Manager, Underwriting

MS FIRST CAPITAL INSURANCE LIMITEDSingapore
30+ days ago
Job description

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

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Manager • Singapore

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