Roles & Responsibilities
About the Division / Dept
The Underwriting & Products Department is responsible for all underwriting governance, product management and portfolio management of the Company.
Job Purpose
As an Underwriter, you will play a pivotal role in supporting product management, underwriting governance and portfolio monitoring matters to achieve company's twin objectives of GWP growth and underwriting profitability.
Main Responsibilities
Underwriting Governance
- Support in the review and documentation of the underwriting manual, guidelines improvements in accordance to the Company’s risk appetite statement and strategy.
- Support in the review and documentation of authority delegation table in accordance to each underwriter’s technical know-how and experience.
- Review and maintain the underwriting workflow, checklist and documentation requirement.
- Conduct underwriting audit and peer review.
Product Management
Conduct market analysis and competitor research to ensure our product(s) remain competitive.Review existing product and develop new innovative insurance product(s) from time to time to meet the current market demands.Support in conducting product training and develop underwriting resources (e.g. wordings, UW and pricing tools)Portfolio Management
Monitor the overall portfolio including gross / net underwriting profitability, actual vs forecast.Analyse major loss trends and provide underwriting improvement recommendation, including coverage, pricing, underwriting risk selection criteria, etc.Monitor macro- & micro-environment and provide pre-emptive underwriting insights.Requirements
Minimally Degree or equivalentPossess BCP / CGI / PGI / HI Certification. ACII an advantage.Minimally 5 years’ experience in underwriting the commercial and / or personal lines.Proficiency in Microsoft Office.Proficiency in English. Chinese / other SEA language an advantage.Excellent customer-mindedness with good interpersonal and communications skills.Meticulous, organised and able to multi-task efficiently.Able to work well independent and in a team environment.Tell employers what skills you have
Able To Multitask
Risk Assessment
Reinsurance
Problem Solving
Product Management
Underwriting
Team Player
Product Development
Decision Making
Pricing