Underwriting Assistant

HDI GLOBAL SE SINGAPORE; Kenangan; Hybrid; IDR 100,000,000 - 200,000,000; Full time

Job summary

HDI Global SE, Singapore is seeking an Underwriter for the Energy and Power sector. The role involves supporting the underwriting team, managing operations, and ensuring compliance. Candidates should have a degree and at least 5 years of insurance experience. Attractive remuneration and benefits are offered, including a hybrid work arrangement.

Benefits

Birthday leave

Flexi benefits

Yearly bonus

Medical insurance

Life insurance

Company trip

Inclusive working environment

Qualifications

• Minimum 5 years insurance operations experience.
• Excellent verbal and written communication skills.

Responsibilities

• Provide operational support to the underwriting team.
• Assist in risk assessments and premium calculations.
• Monitor and report on reinsurance purchasing.

Skills

Communication

Numeracy

Organization

Education

Degree or Diploma

Job description

As part of the Talanx Group, HDI Global SE, Singapore has been one of the leading insurers offering a broad and needs-based range of insurance solutions and accompanying services for decades. HDI operates through foreign branches, subsidiaries and affiliates as well as network partners in more than 150 countries.

We offer our employees all of the advantages of an international company by providing an exceptional, modern working environment that constantly challenges and rewards. We promote high levels of internal and external communication and concentrate on achieving our goals through teamwork. We offer you the opportunity to contribute your own ideas and actively become involved in shaping the future of our company.

We are now hiring the following positions

UNDERWRITER, ENERGY AND POWER

Job Summary:

Assist in the day to day operation of the Energy underwriting team and support to the Underwriting Manager, Energy with day to day and project activities as required.

Key Responsibilities:

Administration

To contribute to the performance of the Energy team through ensuring compliant and clear processes are adhered to in a consistent manner.

· Provide daily operational support to the team of Underwriting Manager and 2x Underwriters.

· Assist the Credit Control team in chasing of outstanding debts in line with premium payment conditions.

· Monitor, track and report Facultative Reinsurance purchasing to central operations team

· Complete entries into CRM (Customer Relationship Management) database in order to identify cross-sell opportunities.

· Complete KYC (know-your-client) analysis including sanctions, compliance and Global Risk Flagging (to HO) checks.

· Complete minutes for internal Energy team meetings and store in the appropriate file structure

· Assist in the recording of technical premium levels (Underwriting Work Bench – UWWB) and underwriting overview for active portfolio.

· Assist with calculations for underwriting new business and renewals through the premium rating systems, performing the initial rating for all accounts.

· Assist in peer reviews and file audit.

Underwriting

Contribute to a profitable portfolio of business by developing an understanding of underwriting principals and disciplines through discussions and research. Assist in the growth objectives of the portfolio by identifying opportunities and performing delegated tasks.

· Identify referral triggers according to HDI Global Underwriting Guidelines and local branch underwriting authority.

· Support Underwriters in completing risk assessments with functional support to Claims and Risk Engineering (HRC)

· Review of policy wordings.

· Assist in the recording of technical premium levels for active portfolio.

· Assist with calculations for underwriting new business and renewals through the premium rating systems, performing the initial rating for all accounts.

Requirements:

· Degree or Diploma in any discipline

· Has a minimum of 5 years insurance operations experience

· Excellent communication skills – verbal / written

· Highly numerate and organized and keen attention to detail

Remuneration:

Attractive remuneration will be offered based on experience and professional standing.

We offer a hybrid work arrangement, birthday leave, flexi benefits, a yearly bonus, medical and life insurance, a company trip, and an inclusive working environment. Interested candidates can either click the "apply" button or email their application along with their most recent CV to [e-mail]

Only shortlisted candidate will be notified.