Senior Underwriter (Commercial Lines)

Income Insurance Limited; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Income Insurance Limited is seeking a Distribution Underwriter for its Property & Casualty business in Singapore. The role blends underwriting expertise with business development to grow profitable distribution through intermediaries, brokers, and agents.

You will evaluate risks, structure insurance solutions, and align activities with regulatory standards while strengthening partnerships and supporting strategic initiatives in Singapore.

Qualifications

• Bachelor’s degree in Business, Finance, Insurance, or related discipline.
• 5–8 years of experience in general insurance.
• Knowledge of P&C insurance products.
• Understanding of the Singapore insurance market and regulatory environment.
• Professional certifications such as SCI or CII are advantageous.
• Strong analytical, negotiation, and communication skills for stakeholders.

Responsibilities

• Manage and grow a profitable portfolio across distribution channels.
• Assess and underwrite new and renewal P&C risks within delegated authority.
• Evaluate risk exposures using underwriting tools, claims data, and financial information.
• Identify cross-selling opportunities across P&C product lines.
• Participate in meetings, client engagements, and marketing initiatives.
• Ensure compliance with underwriting guidelines and regulatory requirements.
• Provide market feedback and support product enhancements.
• Contribute to business planning and strategic initiatives.

Skills

Analytical skills

Negotiation

Communication skills

Business development

Relationship management

Education

Bachelor’s degree in Business/Finance/Insurance

Job description

We are seeking a Distribution Underwriter to join our Property & Casualty (P&C) business. This role combines technical underwriting expertise with business development responsibilities, supporting profitable growth through our intermediary channels, including brokers and agents.

You will play a key role in evaluating risks, structuring insurance solutions, and strengthening distribution partnerships, while ensuring alignment with underwriting guidelines and regulatory standards in Singapore.

Key Responsibilities

• Manage and grow a profitable portfolio of business across assigned distribution channels, build and maintain strong relationships with intermediaries
• Assess and underwrite new and renewal Property & Casualty risks within delegated authority
• Evaluate risk exposures using underwriting tools, claims data, and financial information
• Identify cross-selling opportunities across P&C product lines
• Participate in meetings, client engagements, and marketing initiatives
• Ensure compliance with internal underwriting guidelines and regulatory requirements
• Provide market feedback and support product enhancements
• Contribute to business planning and strategic initiatives

Requirements

• Bachelor’s degree in Business, Finance, Insurance, or related discipline
• 5–8 years of experience in general insurance
• Knowledge of P&C insurance products
• Good understanding of the Singapore insurance market and regulatory environment
• Professional certifications such as Singapore College of Insurance (SCI) qualifications or Chartered Insurance Institute (CII) certifications are advantageous
• Strong analytical, negotiation, and communication skills for both internal and external stakeholders