Manger, Property Underwriting

Assicurazioni Generali Societa Per Azioni; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Generali in Hong Kong seeks a seasoned Property underwriting leader to manage profitability and growth across Asia Pacific markets. You will oversee pricing tools, risk assessment, and collaboration with Risk Engineers, while strengthening relationships with partners and stakeholders globally.

The role requires 7+ years in general insurance, a quantitative degree, and strong English communication; Mandarin/Cantonese is an advantage for regional collaboration.

Qualifications

• Degree in quantitative discipline is preferred.
• Professional insurance qualification is preferred.
• Proven track record of underwriting profitable Property business.
• Experience with international relations.
• At least 7 years of relevant experience in general insurance.
• Heightened understanding of Property products and portfolio management issues.
• Understanding of local and Asia insurance markets and competition landscape.
• Portfolio management skills, risk assessment and pricing capability building skills.
• Analytical skills, communication skills and motivational skills.
• Team building and collaboration skills.
• Fluent in English and other languages (Mandarin, Cantonese, etc.) is an advantage.

Responsibilities

• Underwrite and develop business from our core countries and strategic partners in Asia Pacific.
• Increase diversification in portfolio mix and geography.
• Manage and participate in market-facing underwriting activities.
• Maintain market presence and attend events in HK or overseas.
• Contribute to maintaining Generali's market position and perception.
• Develop and strengthen relationships with business partners to meet growth targets.
• Structure, develop and optimize underwriting expertise.
• Implement governance processes (QA, technical reviews, Nat Cat exposure).
• Ensure underwriting processes for property are efficient and effective.
• Monitor portfolio results, trends and structures; track KPI performance.
• Collaborate with Risk Engineers to deliver value propositions and meet loss-prevention KPIs.
• Monitor Nat Cat exposure and portfolio performance.
• Ensure competitiveness of offering and adherence to budgeted UW activities.
• Underwriting and pricing capabilities and tools usage.

Skills

Underwriting

Portfolio management

Pricing capability

Analytical skills

Communication skills

Team building

International relations

Risk assessment

English fluency

Education

Degree in Finance / Economics / Statistics / Law / Risk Management

Job description

Execution of GC&C Property Asia Strategic Plan

Underwrite and develop business from our core countries and strategic partners in Asia Pacific.

Increase diversification in portfolio mix and geography.

Manage and participate in market-facing UW activities.

Responsible for the management of relationship with market stakeholders for Property

Maintain market presences in alignment with Property strategy including attendance of related events in HK or oversea.

Contribute to maintaining and uplifting GC&C market position and perception in line with Property strategy.

Participate in developing and strengthening relationships with business partners to meet & achieve the required business growth.

Structure, develop and optimize the different expertise

Implement and support the control governance processes (QA, Technical UW reviews, Nat Cat Exposure control and management)

Implement and monitor, in cooperation with the operation functions, the efficiency and effectiveness of the underwriting processes for property

Ensure the internal technical best practices

Manage the portfolio results, trends and structures

Monitor of business performance according to Property profitability KPIs

Collaborate with Risk Engineer(s) to deliver our GC&C value proposition, especially in Multinational program and comply with loss prevention KPIs

Monitor Nat Cat exposure and performance of the portfolio

Ensure the competitiveness of offering

Ensure UW activities towards reaching planned budget

Underwriting and pricing capabilities and tools

Ensure price level adequacy according to pricing and risk assessment tools

Utilize underwriting/pricing and Nat Cat assessment tools

Technical skills and People management

Support and participating in coaching people and technical skills training

Contribute to the regional property community, fostering knowledge sharing (i.e. Centre of Excellence)

Key responsibilities

Degree in quantitative discipline such as Finance/ Economics/Statistics/ Legal/ Risk Management is preferred

Professional insurance qualification is preferred

Proven track record of underwriting profitable Property business

Experience with international relations

At least 7 years of relevant experience in general insurance

Heightened understanding of Property products and portfolio management issues

Understanding of local and Asia insurance markets and competition landscape

Portfolio management skills, risk assessment and pricing capability building skills

Analytical skills, communication skills and motivational skills

Team building and collaboration skills

Fluent in English and other languages skills an advantage (eg Mandarin, Cantonese, Malaysian, Italian, etc.)

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total

premium income of more than € 75.8 billion in 2021. With nearly 75,000 employees serving 67 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the life-time partner to

its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.

At Generali, diversity and inclusion are a critical part of our cultural transformation. We are committed to promoting a culture of inclusion that celebrates people's singularity and diversity

with particular attention to disabilities, culture, and gender. Leveraging diversity to create long-term value: this is Generali. It is our differences that make the difference!

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total

premium income of more than € 75.8 billion in 2021. With nearly 75,000 employees serving 67 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the life-time partner to

its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.

At Generali, diversity and inclusion are a critical part of our cultural transformation. We are committed to promoting a culture of inclusion that celebrates people's singularity and diversity

with particular attention to disabilities, culture, and gender. Leveraging diversity to create long-term value: this is Generali. It is our differences that make the difference!