Manager, Commercial Lines

Income Insurance Limited; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading insurance provider in Singapore is seeking an experienced Underwriter to evaluate and manage commercial lines business. The role involves risk assessment, managing portfolio profitability, and developing strategic partnerships to enhance market growth. Ideal candidates will have at least 7 years of experience in a similar role, preferably with knowledge in Marine Cargo, and a strong ability to work both independently and as part of a team.

Qualifications

• Minimum 7 years working experience in a similar capacity.
• Experience in Marine Cargo preferred.
• Ability to multi-task while being meticulous.

Responsibilities

• Evaluate, price, and underwrite new and renewal commercial lines business.
• Manage an assigned portfolio to ensure profitability and maintain desired loss ratios.
• Cultivate strategic partnerships with intermediaries to expand the customer base.

Skills

Risk Assessment

Relationship Management

Sales Strategies

Portfolio Management

Teamwork

Education

Degree in any discipline

Job description

Underwriting & Risk Management

• Risk Assessment: Evaluate, price, and underwrite new and renewal commercial lines business within authorized limits.
• Portfolio Oversight: Manage an assigned portfolio, ensuring profitability and maintaining desired loss ratios through disciplined risk selection and technical excellence.
• Quotations : Prepare quotations, endorsements, and renewals within designated authority limit and within compliance of guidelines
• Technical Support on Marine Portfolio : Provide technical support to other underwriters on Marine Products

Business Development & Sales

• Relationship Management: Cultivate and strengthen strategic partnerships with intermediaries.
• Market Growth: Execute sales and business development strategies to expand the customer base and achieve recruitment and premium targets.
• Pipeline Development: Identify new agency appointments and proactively find opportunities for cross‑selling and up‑selling across various lines of business.

Requirements

1. Minimum 7 years working experience in similar capacity
2. Experience in Marine Cargo preferred
3. Degree in any discipline
4. Passed BCP and ComGI
5. Ability to multi‑task whilst being meticulous and working well unpressured
6. Self‑disciplined and ability to work with minimum supervision
7. Ability to work as a team