Senior Executive, Product-Motor UW

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

Job summary

A global insurance company in Singapore seeks an experienced underwriter for motor insurance. The successful candidate will assess and underwrite motor retail business, ensuring compliance and fostering strong relationships. Requirements include 5+ years in the motor insurance industry, strong analytical skills, and a Bachelor's degree in a relevant field. This position offers an opportunity to advance your career within a reputable firm.

Qualifications

• Minimum 5 years of relevant working experience in the motor insurance industry.
• Sound technical knowledge in motor insurance and good business sense.
• Ability to work in a fast-paced environment with strong underwriting discipline.

Responsibilities

• Assess and underwrite motor retail and scheme business profitably.
• Review existing accounts to monitor and analyze producers’ performance.
• Propose new processes to improve efficiency of underwriting.

Skills

Market mechanisms familiarity

Numerical and analytical skills

Interpersonal and communication skills

Underwriting technical knowledge

Education

Bachelor’s Degree/Diploma/Professional Insurance qualification

Certificate of General Insurance (CGI) - Full certification

Job description

Description

Job Description

The successful candidate will:

• Assess and underwrite motor retail and scheme business profitably within delegated underwriting authority.
• Review existing accounts periodically; monitor and analyze 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, 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.

Role Requirements

The candidate should possess the following skills, experience, and credentials:

• Bachelor’s Degree/Diploma/Professional Insurance qualification.
• Minimum 5 years of relevant working experience in the motor insurance industry as an underwriter and/or 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.

About Us

Liberty Insurance in Singapore

Liberty Insurance Singapore is a 100% owned strategic business unit of Liberty Mutual Insurance Group. Headquartered in Boston, Liberty Mutual Insurance Group is a diversified global insurer and the fifth largest property and casualty insurer in the U.S., based on 2022 gross written premium. It ranks 86th on the Fortune 100 list of largest corporations in the U.S., based on 2021 revenue. As of 31 December 2022, Liberty Mutual Insurance Group had US$50 billion in annual consolidated revenue.

We employ over 40,000 employees in 28 countries and economies around the world. Every role at Liberty Insurance is essential to our mission of helping people embrace today and confidently pursue tomorrow.

Join us and take the opportunity to advance your career.