Chief Underwriting Officer

Allianz; Singapore; On-site; SGD 150,000 - 200,000; Full time

Job summary

A leading insurance provider is seeking a Chief Underwriting Officer in Singapore to develop and execute the Mid-Corp business strategy across various segments. The role involves managing a team of underwriters, driving profitable growth, and building strong market relationships. Candidates should have 10-15 years of technical underwriting experience and a proven leadership track record in the Asia region. This position offers a unique opportunity to shape the future of the Mid-Corp portfolio while collaborating with key stakeholders.

Qualifications

• 10-15 years of technical underwriting experience in multiple lines of business.
• Demonstrable leadership skills and experience in the Asia region.
• Strong market relationship building capabilities.

Responsibilities

• Manage and develop Midcorp strategy for growth and profitability.
• Build and lead a team of underwriters for business origination.
• Develop an active sales pipeline and drive profitable growth.

Skills

Technical Underwriting

Leadership

Market Relationship Management

Job description

Chief Underwriting Officer

The Chief Underwriting Office (CUO) will be tasked with developing and executing the broad strategy of Allianz’ Mid‑Corp business in Asia, comprising mid‑market/commercial risks across Property, Engineering, Liability, Financial lines and Marine business. The selected individual will have responsibility for taking charge of the management and further commercial growth of the portfolio, with overarching accountability for its success while maintaining strong relationships with brokers and clients alike. The CUO will assume leadership of a team of Underwriters based in Singapore and will have oversight of existing Midcorp business in specific countries in the region. The selected individual will be responsible for further embedding the segment, active business origination within these parameters. He/she will have a profitability‑oriented growth mindset and is a strong internal collaborator across functions and business units as well as an energetic, driven and entrepreneurial developer, externally. The selected individual ideally has a technical foundation, derived from either underwriting or technical product line broking.

Responsibilities

• Manage and develop the Midcorp strategy and portfolio with a focus on growth, profitability, talent management and development and implementation of technical excellence standards.
• Build, develop and manage a team of highly talented market‑facing underwriters that will actively lead local and regional business origination for Mid‑Corp and provide expert underwriting support to Allianz Insurance Singapore other distribution channels and to Allianz regional entities as required.
• Build and develop an active sales pipeline, with a focus on large and international brokers and drive profitable growth in the Midcorp segment.
• Steer and manage specific regional Midcorp portfolio with the objective to maintain growth and drive profitability.

Together with key internal stakeholder

• Implement the relevant reinsurance strategy to maximize business origination, local retention and capital efficiency.
• Ensure proper management and administration of the policies sold along the insurance value chain.

Requirements

• Ideally 10-15 years’ Technical Underwriting experience across the Property, Construction, Engineering, Liability, Marine and Financial Lines LOB.
• Demonstrable track record of leadership, preferably within the Asia region.
• Have built a strong level of market relationships