Underwriting Executive (Construction & Engineering)

Liberty Insurance Pte Ltd; Singapore; Hybrid; SGD 50,000 - 70,000; Full time

Job summary

A leading insurance company is seeking an Executive for their Product-Non Motor team. The role involves supporting the underwriting process, conducting risk assessments for various insurance products, and fostering relationships with business partners. Candidates should have a diploma, relevant experience, and strong analytical and communication skills. A hybrid working arrangement and performance bonuses are offered.

Benefits

Hybrid Working Arrangement

Performance Bonus

Medical Coverage

Qualifications

• Minimum 2 years relevant underwriting experience in Commercial Lines insurance.
• Actively pursuing professional insurance designations such as ACII/AAII preferred.
• Knowledge in interpreting and understanding Financial Statements.

Responsibilities

• Risk assessment and evaluation for Construction & Engineering insurances.
• Foster strong business relationships with external partners and stakeholders.
• Provide technical advice and support to other business units.

Skills

Negotiation

Analytical skills

Communication

Interpersonal skills

Computer skills

Education

Diploma in any discipline, preferably in Engineering or Insurance

Job description

Job Summary:

This role is within the Product-Non Motor team. As an Executive, Product-Non Motor, you will be working in with a team of professionals and primarily be responsible for supporting underwriting process.

Job Highlight:

• Hybrid Working Arrangement

• Performance Bonus

• Medical Coverage

Responsibilities:

• Risk assessment, evaluation and provision of terms for Construction & Engineering insurances such Contractors’ All Risks, Erection All Risks and Surety Bond within your delegated underwriting authority as well as Company underwriting guidelines.

• Foster strong business relationships with external business partners and internal stakeholders.

• Provide technical advice and support to other business units.

• Attend client/producer meetings, conduct product training for external business partners and internal staff on need basis.

Requirements:

• Minimum Diploma in any discipline preferably in Engineering or Insurance.

• Minimum 2 years relevant underwriting experience in Commercial Lines insurance, preferably in Contractors’ All Risks, Erection All Risks and Surety Bond.

• Actively pursuing professional insurance designations such as ACII/AAII or equivalent designation preferred

• Knowledge in interpreting and understanding of Financial Statements

• Strong negotiation and analytical skills

• Strong computer skills and the ability to work with multi-faceted systems

• Effective communication & interpersonal skills to work with all stakeholders (brokers, agents, direct clients and internal stakeholders)

• Good written and verbal communication skills