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Construction Bonds Underwriter

Construction Bonds Underwriter

5 STONES HRM PTE. LTD.Singapore
22 days ago
Job description

Job

Description

Develop

and implement Property & Casualty (which includes Engineering,

  • Construction, Bonds) business strategy, initiatives and plans;

responsible for both the Topline and Bottomline of the P&C

segments. This also includes product development, review of policy

wordings and underwriting / Treaty guidelines, P&C platform

development (if any) and management of distribution of P&C

products and services across all distribution channels

Liaise with BUs on referral accounts and prepare

referrals to MA / HO / Treaty / CEO for approvals

Ensure that reasonable TAT is achieved for the account to

be replied to the BUs

Ensure that prudent

technical underwriting is conducted as well as balancing the

business aspects of securing the accounts.

Collaborate with Governance, Reinsurance, Actuarial and

Claims teams to manage loss ratios

Negotiate,

underwrite, accept all accounts within RAA / RAG

Develop and mentor other more junior underwriters / BUs

and explain the decision taken for the accounts.

  • Market engagements with the industry
  • Ensure compliance with all laws, regulatory provisions

    and Group policies as are relevant to the role

    Undertake any other duties as may be

    assigned

    Qualifications

    Tertiary qualification and professional insurance

    qualifications

    At least 6 years of experience

    in a senior / head level developing and underwriting Commercial

    insurance business and products

    Commercial

    Insurance business and underwriting, pricing, referrals, review of

    policy wordings and product enhancements

  • Digitalization savviness
  • Portfolio

    Management

    Knowledge of distribution channels

    structure and good interpersonal liaison with them

  • Singapore P&C market
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    Underwriter • Singapore