Senior Underwriter, Engineering

QBE INSURANCE (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading insurance company in Singapore seeks an experienced Underwriter to handle complex underwriting activities and foster strong broker relationships. You will leverage your market expertise to contribute to business plans, coach teams, and ensure compliance with standards. This role is pivotal in managing portfolios while aligning with company objectives and enhancing profitability.

Qualifications

• Significant experience in underwriting.
• Experience with Asia Market including Taiwan region.

Responsibilities

• Underwrite complex new businesses and provide specialist advice.
• Manage key portfolios/accounts and maintain broker relationships.
• Coach and mentor Underwriters & Assistant Underwriters.

Skills

Underwriting

Relationship Management

Portfolio Management

Market Analysis

Education

Tertiary Degree

Job description

The purpose of this role is to underwrite business in accordance with the business plan within set underwriting guidelines, service standards and within individual earned or delegated underwriting authority.. This role involves underwriting complex new businesses, and offering specialist advice. Additionally, the role is responsible for building and maintaining broker relationships, applying technical expertise, contributing to business results, staying informed about industry standards and new product introductions and coaching and mentoring Underwriters and Assistant Underwriters.

The opportunity:

• Contribute to the delivery of the annual business plan for the respective business unit by making appropriate decisions.
• Perform complex underwriting activities in compliance with legal and regulatory requirements.
• Utilise product line expertise to analyse business prospects and recommend profitable risk selection.
• Manage key portfolios/accounts with local and overseas intermediaries (Asia include Taiwan).

Your new role:

• Establish, strengthen, and develop relationships with stakeholders to maximise influence and achieve business objectives.
• Lead profitability and process improvement initiatives by informing senior leaders on best practices and guiding strategic plans.
• Maintain in-depth knowledge of current legislation, best practice, underwriting, systems, products and organisational guidelines
• Actively manage your portfolio and relationships with brokers and colleagues to achieve portfolio retention, growth and profitability targets
• Coach and mentor Underwriters & Assistant Underwriters. As required supervise work and ensure procedures and authorities are adhered to.
• Adhere to underwriting standards, instructions, and good practice to minimise risk and maximise efficiency.

About you:

• Significant experience in underwriting.
• Experience with Asia Market including Taiwan region.
• Established customer/intermediary relationships.
• Established customer/broker relationships.
• Tertiary Degree or equivalent combination of education and work experience.