Assistant Vice President - Underwriting (Financial Lines)

Great Eastern Life; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading insurer in Singapore is seeking an Assistant Vice President for Underwriting in Financial Lines. The role involves driving growth, managing risks, and ensuring compliance while delivering high-quality customer service. Candidates should have at least 5 years of underwriting experience, relevant certifications, and strong analytical skills. Join a company recognized for its financial strength and stability.

Qualifications

• Minimum 5 years of experience in Financial Lines insurance underwriting.
• Knowledge of insurance laws in Singapore.
• Ability to work collaboratively with intermediaries and handle clients.

Responsibilities

• Drive profitable growth of Financial Lines through underwriting authority.
• Grow new business by identifying distribution channels.
• Collaborate on credit control and maintain service standards.

Skills

Analytical skills

Presentation skills

Decision-making skills

Collaboration

Education

Undergraduate degree

ACII certification

ANZIIF certification

General Insurance certification

Tools

Microsoft Office

Job description

Job Description - Assistant Vice President - Underwriting (Financial Lines) (250000GK)

Job Number:

250000GK

About the Job

Your role is to execute the Financial Lines business plan to achieve both top-line growth and bottom-line profitability with a risk-oriented mindset delivered at a high quality customer service standard.

Responsibilities include:

1. Driving profitable growth of Financial Lines by exercising underwriting authority within delegated limits, assessing, pricing, and quoting risks, referring risks outside authority, ensuring compliance, and providing technical guidance.
2. Growing new business through identifying distribution channels and conducting product trainings.
3. Collaborating with Accounts on credit control and ensuring acceptable loss ratios through loss control activities.
4. Setting and maintaining service standards such as timely responses, renewals, follow-ups, and proper instructions to the Policy Processing Team.
5. Ensuring smooth operations by maintaining records, preparing reports, conducting portfolio reviews, and training junior staff.

Candidate Profile:

• Minimum 5 years of experience in Financial Lines insurance underwriting in Singapore, with knowledge of insurance laws.
• Undergraduate degree from a recognized institution.
• Certifications like ACII, ANZIIF, or General Insurance certification.
• Ability to work collaboratively with intermediaries and handle clients.
• Strong analytical, presentation, and decision-making skills; proficient in Microsoft Office.
• Resourceful, independent, and a team player committed to excellence.

Success Factors:

• Embodiment of core values, integrity, accountability, initiative, and industry awareness.

About Great Eastern

Founded in 1908, Great Eastern is a leading insurer in Singapore and Malaysia, with assets over S$100 billion and over 16 million policyholders. It operates through multiple channels and is part of OCBC, a highly rated bank. The company is recognized for its financial strength and stability.

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