Senior Casualty Underwriter

Zurich 56 Company Ltd; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading global insurance provider in Singapore is seeking a Senior Casualty Underwriter. The role involves underwriting and managing casualty risks, analyzing risk exposures, and developing client relationships. Ideal candidates will have a Bachelor's degree and 5-6 years of experience in the commercial insurance sector. Join a dynamic team and enjoy opportunities to grow within a supportive environment.

Benefits

Opportunity to work on varying Casualty accounts

Market leader on international programs

Local empowerment to make decisions

Qualifications

• Minimum 5-6 years of experience in underwriting casualty risks within the commercial insurance sector.
• Professional insurance qualifications preferred but not required.
• Experience with Singapore worker's compensation would be a bonus.

Responsibilities

• Underwrite and manage a portfolio of casualty risks.
• Assess and analyze risk exposures and pricing.
• Develop and maintain strong relationships with brokers and clients.
• Negotiate and structure insurance policies.
• Monitor and review performance of the casualty portfolio.

Skills

Strong technical underwriting skills

Excellent analytical abilities

Problem-solving skills

Strong interpersonal skills

Communication skills

Education

Bachelor’s degree in Business, Finance, Law, Insurance or related field

Job description

Overview

Senior Casualty Underwriter

Do you possess the following traits:

• Love finding the silver lining in the face of adversity?
• Passionate about delivering exceptional customer service?
• To be both adaptable and resilient at the same time?
• Have a positive energy and the humor to face whatever challenges gets thrown your way.

Do you have the following experience:

• Minimum 5-6 years as a commercial insurance Casualty underwriter?
• Familiarity with structuring & managing multinational insurance programs?
• Familiarity with wholesale/ facultative reinsurance accounts?
• Work experience/ business relationship across Asia?

If so, we’d like to have you join our team as a Senior Casualty Underwriter.

Key Responsibilities

• Underwrite and manage a portfolio of casualty risks, ensuring compliance with underwriting guidelines and standards.
• Assess and analyze risk exposures, pricing, and terms and conditions to ensure profitable underwriting decisions.
• Develop and maintain strong relationships with brokers, clients, and other key stakeholders.
• Collaborate with internal teams, including claims, loss control, and risk engineering, to provide comprehensive and tailored insurance solutions.
• Conduct market research and stay informed about industry trends, emerging risks, and competitive landscape.
• Negotiate and structure insurance policies to meet client needs while maintaining profitability.
• Prepare and present underwriting proposals, reports, and recommendations to senior management.
• Monitor and review the performance of the casualty portfolio, identifying areas for improvement and implementing corrective actions as needed.
• Participate in industry events, conferences, and training programs to enhance knowledge and professional development.

Qualifications

• Bachelor’s degree in Business, Finance, Law, Insurance or a related field.
• Professional insurance qualifications (e.g., ACII, CPCU) preferred but not required.
• Minimum of 5-6 years of experience in underwriting casualty risks within the commercial insurance sector.
• Experience with Singapore worker's compensation would be a bonus but not a requirement.
• Strong technical underwriting skills and a thorough understanding of casualty risks and exposures.
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong interpersonal and communication skills, with the ability to build and maintain relationships with diverse stakeholders.
• Proven ability to work independently and collaboratively in a fast-paced, dynamic environment.

What we provide

• An opportunity to work on varying Casualty accounts across Asia from our Commercial Insurance Hub based in Singapore
• Market leader on international programs.
• Be part of a team that thrives on challenges and delivering the best possible solutions to our clients whilst having fun at the same time.
• The strength & resources of a global carrier with local empowerment to make your own decisions.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.