Senior Underwriter, Retail & SME

QBE; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading insurance provider is seeking an Underwriting Manager in Singapore. You will manage a team responsible for underwriting SME and retail products, ensuring compliance and profitability. The ideal candidate possesses strong negotiation, analytical skills, and local insurance market knowledge. Join us to contribute to a dynamic environment that fosters personal growth and ensures client satisfaction.

Benefits

Flex and hybrid working options

Work from home policy

Paternity leaves

Medical benefits

Online learning access

Additional annual leave days

Study leave

Internal appreciation program

Qualifications

• Experience in underwriting for SME and Retail products.
• Strong understanding of class specific underwriting.
• Established relationships with customers and intermediaries.

Responsibilities

• Manage underwriting team for SME & Retail products.
• Ensure compliance with legal and regulatory requirements.
• Evaluate risks for new business and renewals.

Skills

Negotiation

Problem-solving

Relationship management

Analytical skills

Communication skills

Commercial acumen

Insurance knowledge

Job description

Primary Details

Time Type : Full time

Worker Type : Employee

Responsible for managing a team of underwriters for Underwriting of SME & Retail products across the Agency Financial Advisors Local Brokers Direct and underwriting activities and P&L responsibility for SME & Retail segment to be managed on a portfolio level including digital products underwriting and manual underwriting of yet to-be digital products. And manual underwriting of yet-to-be digital products for new business and / or renewals including manual renewal reviews raters preparation quotation generation and UWB submission. Building relationship between underwriter and intermediaries in underwriting service delivery product development and innovation.

The Opportunity

Responsible for managing a team of underwriters responsible for Underwriting of SME & Retail products across the Agency Financial Advisors Local Brokers Direct.

Responsible for underwriting activities and P&L responsibility for SME & Retail segment to be managed on a portfolio level. Including digital products underwriting and manual underwriting of yet to-be digital products.

Responsible for manual underwriting of yet-to-be digital products for new business and / or renewals including manual renewal reviews raters preparation quotation generation and UWB submission.

Responsible for underwriter relationship with intermediaries in underwriting service delivery product development and innovation.

Evaluate risk for new business and renewals in accordance with standards to ensure profitable growth.

Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately.

Your new role

Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.

Adhere to underwriting standards instructions and good practice to minimize risks and maximize efficiency.

Develop and maintain good working relationships with all customers intermediaries and internal stakeholders.

Build strong knowledge of current legislation best practice underwriting acceptance levels systems and organizational guidelines.

Contribute to the development and implementation of channel strategic plans.

Motivate and develop the team by demonstrating good leadership behaviors and management best practice so as to support the achievement of business goals.

Provide senior technical and specialist product expertise to intermediary / clients on the range of products offered.

About you

Negotiation and problem-solving skills.

Relationship management and communication skills.

Analytical and research skills.

Excellent interpersonal and communication skills.

Ability to analyze data use for decision-making.

Commercial acumen.

Established customer / intermediary relationships.

Local market expertise.

Broad insurance industry knowledge.

Excellent understanding of class specific underwriting.

Understanding of relevant market conditions.

About QBE

What if you could have a positive impact at work and in the world.

At QBE were enabling a more resilient future for our customers communities environment and for our people. Were building momentum to achieve something significant and know our people are at the centre of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team youll get to spend every day working with people who are passionate talented and kind. And with more than 13000 people working across 27 countries our scale means were big enough for your ambitions yet small enough for you to make a real impact.

QBE Asias operations is part of the QBE International Division and has had a presence in Asia for more than 130 years with offices in : Singapore Hong Kong & Macau Malaysia and Vietnam. We continue to be recognised for our ongoing focus on digital innovation to deliver exceptional value and operational excellence for our customers business partners people and the community. We support ESG efforts through the QBE Foundation which helps to create strong resilient and inclusive communities by focusing investment and efforts on two key areas where we believe we can have the greatest impact climate resilience and inclusion.

Benefits

Excited to share our comprehensive benefits package at QBE!

Flex and hybrid working options.

Work from home policy.

Paternity leaves matching with maternity leave.

Well-being programs.

Pensions.

Medical benefits.

Globally access to online learning via LinkedIn Learning.

On top of annual leaves 3 additional days off (Family care leaves).

Study leave.

Marriage leave

Internal Appreciation program with points to redeem nice merchandize and life experiences.

Join us and enjoy a work environment that values your well-being and personal growth! #EmployeeBenefits #WorkLifeBalance #CareerDevelopment.

Join us now so you can be part of our success and we can be part of yours.

Your career at QBE Lets make it happen.

Global Disclaimer

The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employees normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company to each other and to our customers suppliers communities and governments. It provides clear guidance to help us to make good judgement calls.

Skills

Analytical Thinking Critical Thinking Customer Service Customer Value Management Decision Making Detail-Oriented Financial Advising Insurance Underwriting Intentional collaboration Managing performance Portfolio Management Prioritization Product Development Risk Management Stakeholder Management.

How to Apply :

To submit your application click Apply and follow the step by step process.

Equal Employment Opportunity

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Required Experience : Senior IC.

Key Skills

Loan Processing,Credit Analysis,Fraud,Math,Risk Analysis,Pricing,Analysis Skills,Fair Housing Regulations,Equity Research,Underwriting,negotiation,RMF.

Employment Type : Full-Time.

Experience : years.

Vacancy : 1.