Head of Workers Compensation

Liberty Specialty Markets; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading specialty insurer in Singapore seeks an experienced underwriter for its Workers Compensation product line. The ideal candidate will have extensive experience in underwriting and be responsible for portfolio management, broker relationships, and ensuring compliance with local regulations. You will be part of a collaborative team that values integrity, technical expertise, and innovation, contributing to the growth and profitability of the product line. This full-time role offers a supportive work environment and opportunities for professional development.

Benefits

Ongoing training and development

Strong company culture

Excellent retention and rewards for staff

Qualifications

• Extensive underwriting experience in Workers Compensation.
• Proficient relationship building and influencing skills.
• Strong verbal and written communication abilities.
• Experience in negotiation and decision-making.

Responsibilities

• Review operational processes for profitable growth.
• Refine Workers Compensation Portfolio Management Strategy.
• Establish relationships with brokers and clients.
• Underwrite new and renewal business effectively.
• Execute strategies for profitability and growth.
• Ensure excellent underwriting service delivery.

Skills

Technical Underwriting Skills

Relationship building

Communication skills

Negotiation skills

Job description

Are you someone who is familiar with the Work Injury Compensation Act and has extensive underwriting experience in the product?

Your role will be focused on contributing to the growth and profitability of Singapore Workers Compensation product line through marketing, underwriting and managing of such products and services. You will also need to ensure compliance with the Singapore regulations and be responsible for the end-to-end product lifecycle from new developments to renewals.

We are looking for someone who wants to make a positive contribution to our team, and who thrives with collaboration. If this sounds like you, then read on to find out more. This is a full-time permanent role based in our Singapore office.

At Liberty our culture sets us apart from our competitors!

Liberty Specialty Markets offers retail, specialty and commercial line insurance and reinsurance across Asia Pacific, allowing companies to confidently progress in the face of risk and uncertainty.

At Liberty, we create, nurture and reward talent, extending your skills by supporting you with exposure to our broader business including claims, actuarial, finance, underwriting, and risk engineering through our integrated approach to business.

• Genuine care for staff, strong staff retention and tenure.
• Deep respect for diversity of opinions.
• Open door policy, access to senior leaders and technical experts.
• Our managers coach, lead and develop.
• Integrated Business Unit Methodology – sharing of best practice, knowledge and teamwork.
• Our culture is based on integrity, technical expertise, discipline and consistency.

Why Liberty?

• Our underwriting methodologies and claims technical expertise.
• Broad local and regional Claims and Underwriting authority.
• Stable proven leadership.
• Our Market Approach is built on capability, consistency and personal rapport.
• Ongoing training and development.
• Market leading products.
• Our product development team, working with Claims and Underwriting, ensures we are quick to close gaps and bring new products to markets.
• High performing culture.
• Global organization.
• Profitable year on year since inception.

Key responsibilities:

• Reviewing current operational processes and understanding direction of new business profitable growth for the unit with the aim to identify, develop and deliver implementation plans for greater efficiency and accuracy through continuously streamlining processes, investment in technology-including automation and or utilizing offshore capabilities.
• Continuing to refine Singapore Workers Compensation Portfolio Management Strategy including input into Underwriting Authorities, Underwriting Guidelines, Marketing Strategy, and Distribution Expansion.
• Establishing and maintaining strong relationships with brokers and clients to facilitate the marketing and sale and training of the Liberty brand and products.
• Reviewing, rating and underwriting target new business and renewal business in line with Liberty’s quality selection and adequate pricing guidelines.
• Executing selling and negotiation strategies to ensure profitability and growth of Singapore Workers Compensation product line.
• Ensuring the provision of an excellent underwriting service to the broker and/or agency community both personally and through the supervision of underwriting employees.
• Performing other related duties as assigned by your manager or other appropriate officer.

About you:

• Technical Underwriting Skills
• Highly proficient relationship building and influencing skills
• Highly developed verbal and written communications and presentation skills
• Extensive negotiation, selling and decision-making skills

  What's Next?

  If you believe you can make a positive contribution to our team and want to be part of Liberty's exciting future, we would love to hear from you. Please include an updated resume, and we will take it from there. Apply now!

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