Senior Underwriter, Industry Practices

Chubb; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An international insurance company based in Singapore is offering a crucial role in the Underwriting space. The successful candidate will assess risks and ensure the achievement of financial targets for allocated Broker panels while delivering on set distribution activities. Strong knowledge of insurance policies, excellent organizational and communication skills are required. This is a fantastic opportunity for those looking to enhance their expertise within the insurance industry.

Qualifications

• Strong understanding of insurance policies, principles, and procedures.
• Excellent organizational and communication skills.

Responsibilities

• Achieve financial targets for allocated Broker panel.
• Deliver set Distribution activities including Prospecting.
• Perform risk assessment processes.
• Appropriate risk assessment process.
• Appropriate deployment of capacity on New & Renewal Business including endorsement of existing coverage.
• Adherence to Product guidelines & initiatives, including growth or diversification strategies or remedial action if required.
• Develop and execute a personal distribution plan for the assigned broker panel.
• Close collaboration with property, financial lines and casualty departments.
• Participate in joint travel/presentations.

Skills

Understanding of insurance policies

Organizational skills

Communication skills

Job description

What's this Role about?

Reporting to the manager, Industry Practices, playing a crucial role by assessing and evaluating the risks involved in insuring. The role provides a fantastic opportunity for those further looking to develop their knowledge and expertise in the Underwriting space.

This role requires a strong understanding of insurance policies, principles and procedures, as well as excellent organizational and communication skills.

Key Responsibilities

• Achieve financial targets for allocated Broker panel.
• Deliver set Distribution activities (Broker Visits, Key Account Management, Prospecting, New Business generation).
• Appropriate use of delegated Underwriting authority.
• Appropriate risk assessment process.
• Appropriate deployment of capacity on New & Renewal Business including endorsement of existing coverage.
• Adherence to Product guidelines & initiatives, including growth or diversification strategies or remedial action if required.
• Development & execution of personal Distribution plan for assigned Broker panel. Distribution plan will include Key Account management plan, management of assigned renewal portfolio (including remedial Underwriting action), Broker visit plan, Cross Sell, Pipeline & Prospect activities.
• Close collaboration with property, financial lines and casualty departments.
• Participate in joint travel/presentations.