Senior Executive, Product-Motor

UNAVAILABLE; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking an experienced underwriter to assess and underwrite motor insurance business. This role requires a strong understanding of the local market and the ability to foster relationships with motor dealers and producers. The successful candidate will ensure compliance with regulations while proposing new processes to enhance efficiency. If you have a passion for the insurance industry and a results-oriented mindset, this position offers a dynamic environment where your contributions will be valued and impactful.

Qualifications

• 5+ years of experience in motor insurance as an underwriter or broker.
• Strong understanding of local market practices and relationships.

Responsibilities

• Underwrite motor retail and scheme business within authority limits.
• Review accounts and monitor producers’ performance for growth.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Numerical Skills

Decision Making

Education

Bachelor’s Degree

Diploma in Insurance

Professional Insurance Qualification

Job description

Description

Job Description

• Assess and underwrite Motor retail and scheme business profitably within delegated Underwriting authority.
• Review existing accounts periodically; monitor and analyse producers’ performance to ensure business growth and profitability.
• Propose new processes to improve efficiency or security of underwriting.
• Ensure required reports and submissions are done within timelines.
• Work closely with Claims, Finance, and Customer Service departments to facilitate optimal support to producers.
• Foster strong business relationships with external and internal business partners.
• Ensure compliance with the company’s requirements and all other relevant statutory regulations and guidelines.

Job Requirements

• Bachelor’s Degree / Diploma / Professional Insurance qualification.
• Minimum 5 years of relevant working experience in the motor insurance industry as an underwriter and/or a Broker.
• Familiar with local market mechanisms and practices, and has well-established relationships with Motor dealers and producers.
• Sound underwriting technical knowledge in Motor insurance coupled with good business sense.
• Good numerical and analytical skills to identify trends and propose solutions.
• Possess Certificate of General Insurance (CGI) - Full certification.
• Effective interpersonal and communication skills (written and spoken).
• Highly accountable and results oriented.
• Ability to work in a fast-paced environment making quick decisions while maintaining strong underwriting discipline.