Assistant Vice President, Asia Construction & Engineering Division

Allied World Assurance Company Ltd; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A global insurance provider in Singapore is seeking an experienced underwriter to manage a diverse portfolio while achieving profitability and business growth. The ideal candidate will possess an engineering degree, at least 5 years of underwriting experience in major construction projects, and exceptional communication skills. Responsibilities include performing analysis, identifying business opportunities, and collaborating with stakeholders. Join a supportive team focused on professional development and career growth.

Benefits

Membership in global network

Structured coaching program

Learning and development resources

Qualifications

• A minimum of 5 years' experience in underwriting major construction projects.
• Strong knowledge of standard market wording and endorsements.
• Experience in Asian markets essential.

Responsibilities

• Responsible for general underwriting functions including submission reviews.
• Perform account analysis according to underwriting guidelines.
• Proactively identify upselling and cross-selling opportunities.
• Liaise with Claims Department on claim activity and market concerns.

Skills

Strong communication skills

Interpersonal skills

Attention to detail

Marketing capabilities

Business development

Proficiency in MS Suite

Education

Engineering degree (civil or mechanical)

Insurance qualifications (ACII, ANZIIF)

Job description

Description

Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Job Summary

This position is responsible for underwriting a diverse book of business by employing the methods necessary to meet projected profitability, GWP and expense goals. The role supports the growth of the overall portfolio of business within the appropriate underwriting discipline/guidelines, marketing and servicing of existing and potential clients.

Job Duties

• Responsible for general underwriting functions including submission reviews, pricing analysis, setting of terms and conditions.
• Performing extensive account analysis according to underwriting guidelines, including thorough review of underwriting application and submission, research, requested terms and conditions, underlying policy forms and wordings and liaising with other departments to establish full understanding of risk exposures.
• Performing insurance technical risk analysis including rating models, NATCAT models and policy wording.
• Taking an active role in the development of business in Asia and Asian interests abroad, exploring opportunities and marketing predominantly out of Singapore and Hong Kong.
• Proactively identifying and pursuing upselling (add-ons) and cross selling opportunities to maximise profitable revenue potential from new and renewal business and achieve agreed business targets.
• Liaising with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability.
• Delegating (and supervising) of work to Underwriting Operations Assistants or Assistant Underwriters as appropriate.
• Supporting the departmental Regional Head in setting strategic goals, setting budgets and producing regular Management Information.
• Maintaining underwriting files in an orderly and consistent manner and in accordance with the underwriting guidelines.
• Other duties as may be assigned.

Qualifications

• Engineering degree (civil or mechanical) with insurance qualifications (ACII, ANZIIF etc) would be an advantage.
• Minimum 5 years' experience in underwriting major construction projects, with expertise and in-depth working knowledge of standard market wordings, endorsements and relevant experience in Asian markets.
• Strong communication and interpersonal skills to engage with and present to stakeholders and build strong working relationships.
• Strong marketing and business development capabilities with commercial acumen to influence and negotiate with different stakeholders.
• Attention to detail and proficiency in MS Suite are essential.
• Self‑motivated and well organised; result driven and a good team player.

Working at Allied World

Our team of over 1,500 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

• Instant membership in the Allied World Family - a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources

Global Presence

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Melbourne, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non‑traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.