Senior Underwriter, Property

AIG ASIA PACIFIC INSURANCE PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading insurance provider in Singapore is seeking a Senior Underwriter specializing in Property. The role involves underwriting new business and renewals, managing an existing portfolio, and developing relationships with agents and brokers. Ideal candidates have proven experience in Property underwriting and strong analytical skills to assess risk. This position is an excellent opportunity for growth in a dynamic environment.

Qualifications

• Proven experience in underwriting Property products.
• Knowledge of insurance and Facultative Reinsurance placements.
• Ability to analyze data to make accurate assessment of risk.

Responsibilities

• Perform underwriting and marketing duties.
• Underwrite new business and renewals from agents and brokers.
• Maintain market relationships with intermediaries.

Skills

Underwriting Property products

Broad insurance industry knowledge

Proficiency in Microsoft Office

Excellent interpersonal skills

Established market relationships

Understanding of multinational insurance programmes

Analytical skills

Strong negotiation skills

Job description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter in Property to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

• Performs underwriting, marketing and other duties.
• Underwriting of new business / renewals from Agents/ Brokers / Cedants in accordance to underwriting authority & guidelines.
• Focused on insurance and Facultative Reinsurance placements.
• Understanding of multinational insurance programmes.
• Day to day servicing of existing portfolio.
• Develop Agents / Brokers / Cedant relationships to produce business opportunities and build on the Company profile in the market.
• Achieve budget across areas of responsibility, both top line and bottom line.
• Put up referrals to support underwriting decisions and actions.
• Takes personal responsibility for career development and proactively keep up to date with industry and business issues.
• Prioritize workload to achieve internal and external deadlines.
• Maintain / create market relationship with intermediaries.
• Co-ordinate with support teams for timely delivery of quotations, documents & reports.

What you’ll need to succeed

• Proven experience in underwriting Property products.
• Broad knowledge of the insurance industry
• Proficient in Microsoft Office
• Good team player with excellent interpersonal skill
• Well established relationships in the market
• Knowledge of insurance and Facultative Reinsurance placements
• Understanding of multinational insurance programmes
• Ability to analyze data to make accurate assessment of risk
• Self-motivated and uses own initiative for both internal and external issues
• Capabilities to maintain a flexible approach in a changing work environment
• Analytical individual with strong business acumen
• Strong negotiation skills