Senior Underwriter, Industry Practices

Chubb External; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Chubb External in Singapore seeks a role reporting to the manager, Industry Practices, responsible for assessing and evaluating risks in insuring. This position offers a great opportunity to deepen knowledge and expertise in underwriting, requiring strong understanding of insurance policies, principles and procedures, and excellent organizational and communication skills.

You will manage broker panel targets, drive distribution activities, apply delegated underwriting authority, perform risk

Qualifications

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

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.

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.