SVP or VP, Facultative Underwriting

Peak Re AG; Singapore; Presencial; SGD 180.000 - 260.000; Jornada completa

Descripción de la vacante

Peak Re AG in Asia-Pacific seeks a senior facultative underwriter to build and manage a profitable portfolio across Property, Engineering, Marine, Casualty and Financial Lines. You will apply strong technical underwriting, pricing and risk assessment within delegated authority and develop business through wholesale brokers, intermediaries and cedants.

Based in Singapore or Hong Kong, you will collaborate with Distribution, Pricing, Cat Modelling and Claims to refine underwriting practices and

Formación

• Bachelor’s degree or equivalent; relevant insurance qualifications such as CII, ANZIIF or equivalent are preferred.
• Significant underwriting experience in facultative reinsurance, specialty or commercial insurance, with strong expertise in at least one of Property, Engineering, Marine, Casualty or Financial Lines.
• Proven track record of underwriting complex and high-value risks and managing a profitable portfolio.
• Strong technical knowledge of risk assessment, pricing, coverage structuring and portfolio management.
• Established relationships with wholesale/reinsurance brokers, intermediaries and/or cedants across Asia Pacific.
• Strong commercial judgement with the ability to balance growth opportunities with underwriting profitability and risk appetite.
• Ability to make independent underwriting decisions within delegated authority.
• Strong negotiation, communication, analytical and stakeholder-management skills.
• Ability to operate effectively across different APAC markets and cultures (e.g. Southeast Asia, Korea, Japan, Taiwan and/or Australia).
• The role may be based in either Singapore or Hong Kong, depending on the suitability of the candidate.

Responsabilidades

• Underwrite and manage complex facultative risks across Asia Pacific within agreed underwriting guidelines and authority.
• Assess exposures, risk quality, claims experience, coverage requirements, pricing, terms and conditions, and portfolio impact.
• Structure and price complex or high-value risks, applying appropriate technical pricing and underwriting methodologies.
• Manage the portfolio with a focus on underwriting profitability, rate adequacy, risk selection, accumulation management and sustainable growth.
• Develop and maintain strong relationships with wholesale brokers, intermediaries and cedants across key APAC markets.
• Identify and originate profitable new and renewal business aligned with the Company’s risk appetite and underwriting strategy.
• Lead negotiations on complex placements while maintaining appropriate underwriting discipline.
• Monitor portfolio performance, claims and loss trends, market developments, emerging risks and concentration exposures.
• Contribute to the development and execution of regional facultative underwriting and portfolio strategies.
• Collaborate with Distribution, Pricing, Catastrophe Modelling, Claims and other relevant functions on complex risks and portfolio management.
• Act as a senior technical resource and contribute to enhancements in underwriting practices, tools and processes.

Conocimientos

Underwriting

Facultative Reinsurance

Portfolio Management

Negotiation

APAC Markets

Stakeholder Management

Educación

Bachelor's degree or equivalent

CII/ANZIIF

Herramientas

Pricing tools

Cat Modelling

Descripción del empleo

About the Position:

The role is responsible for underwriting and developing a profitable portfolio of facultative business across Asia Pacific, with responsibility for one or more of the following lines: Property, Engineering, Marine, Casualty and Financial Lines.

The role requires strong technical underwriting expertise, commercial judgement and established market relationships. The incumbent will assess complex risks, determine appropriate pricing and terms, deploy capacity within delegated authority, and develop business through wholesale brokers, intermediaries and cedants.

Key Responsibilities

• Underwrite and manage complex facultative risks across Asia Pacific within agreed underwriting guidelines and authority.
• Assess exposures, risk quality, claims experience, coverage requirements, pricing, terms and conditions, and portfolio impact.
• Structure and price complex or high-value risks, applying appropriate technical pricing and underwriting methodologies.
• Manage the portfolio with a focus on underwriting profitability, rate adequacy, risk selection, accumulation management and sustainable growth.
• Develop and maintain strong relationships with wholesale brokers, intermediaries and cedants across key APAC markets.
• Identify and originate profitable new and renewal business aligned with the Company’s risk appetite and underwriting strategy.
• Lead negotiations on complex placements while maintaining appropriate underwriting discipline.
• Monitor portfolio performance, claims and loss trends, market developments, emerging risks and concentration exposures.
• Contribute to the development and execution of regional facultative underwriting and portfolio strategies.
• Collaborate with Distribution, Pricing, Catastrophe Modelling, Claims and other relevant functions on complex risks and portfolio management.
• Act as a senior technical resource and contribute to enhancements in underwriting practices, tools and processes.

Scope of Underwriting

Depending on the incumbent’s area of expertise, the portfolio may include:

• Property & Engineering: complex commercial and industrial property and engineering risks.
• Marine: Cargo, Hull & Machinery, Marine Liability and Logistics.
• Casualty & Financial Lines: General Liability, Professional Indemnity, Directors & Officers, Financial Institutions, Employment Practices Liability and other specialty risks.

Job Requirements

• Bachelor’s degree or equivalent; relevant insurance qualifications such as CII, ANZIIF or equivalent are preferred.
• Significant underwriting experience in facultative reinsurance, specialty or commercial insurance, with strong expertise in at least one of Property, Engineering, Marine, Casualty or Financial Lines.
• Proven track record of underwriting complex and high-value risks and managing a profitable portfolio.
• Strong technical knowledge of risk assessment, pricing, coverage structuring and portfolio management.
• Established relationships with wholesale/reinsurance brokers, intermediaries and/or cedants across Asia Pacific.
• Strong commercial judgement with the ability to balance growth opportunities with underwriting profitability and risk appetite.
• Ability to make independent underwriting decisions within delegated authority.
• Strong negotiation, communication, analytical and stakeholder-management skills.
• Ability to operate effectively across different APAC markets and cultures (e.g. Southeast Asia, Korea, Japan, Taiwan and/or Australia).
• The role may be based in either Singapore or Hong Kong, depending on the suitability of the candidate.