Underwriter, Asia Construction & Engineering Division

ASC Allied World Assurance Company, Ltd (Singapore Branch); Singapore; On-site; SGD 70,000 - 110,000; Full time

Benefits offered by this job

Global network access

Structured coaching program

Learning & development resources

Job summary

Allied World is seeking an experienced Construction & Engineering underwriter in Singapore to perform underwriting, pricing analyses, and policy management. You will liaise with departments to understand risk exposures, administrate endorsements, and maintain underwriting files while pursuing profitable revenue and strong client relationships.

The role emphasizes risk assessment, process improvement, and collaborative work with claims and credit control teams to meet targets in a fast-paced

Qualifications

• Minimum 3 to 5 years relevant experience in the construction industry, insurance industry (technical lines) or risk engineering.
• Engineering degree (civil or mechanical) with insurance qualifications (ACII or equivalent) would be an advantage.
• Self-motivated and well organized; results driven and a good team player.
• Possess strong relationship building, interpersonal and communication skills.
• Attention to detail and capable of dealing with tight timelines and conflicting priorities.

Responsibilities

• Perform general underwriting functions of Construction & Engineering business in accordance with underwriting guidelines, including submission reviews, pricing analysis, review policy forms and wordings, setting terms and conditions and liaising with other departments to establish full understanding of risk exposures.
• Administrate policies, endorsements and risk bordereaux, assist with credit control, maintenance of underwriting files, portfolio monitoring & reporting and related tasks.
• Maintain contact with intermediaries and customers including negotiations or pricing and coverage, while managing interactions in an efficient, courteous and timely manner.
• Proactively identifying and pursuing upselling and cross-selling opportunities to maximize profitable revenue potential from new and renewal business and achieve agreed business targets.
• Liaising with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability.
• Proactively identify opportunities to improve business processes with a focus on efficiency and outcomes.
• Other duties as may be assigned.

Skills

Interpersonal skills

Communication skills

Team player

Attention to detail

Relationship building

Education

Engineering degree (civil or mechanical)

ACII or equivalent

Tools

MS Suite

Job description

Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.

Job Duties and Responsibilities:

• Perform general underwriting functions of Construction & Engineering business in accordance with underwriting guidelines, including submission reviews, pricing analysis, review policy forms and wordings, setting terms and conditions and liaising with other departments to establish full understanding of risk exposures.
• Administrate policies, endorsements and risk bordereaux, assist with credit control, maintenance of underwriting files, portfolio monitoring & reporting and related tasks.
• Maintain contact with intermediaries and customers including negotiations or pricing and coverage, while managing interactions in an efficient, courteous and timely manner.
• Proactively identifying and pursuing upselling and cross-selling opportunities to maximize profitable revenue potential from new and renewal business and achieve agreed business targets.
• Liaising with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability.
• Proactively identify opportunities to improve business processes with a focus on efficiency and outcomes.
• Other duties as may be assigned.

Qualifications:

• Minimum 3 to 5 years relevant experience in the construction industry, insurance industry (technical lines) or in risk engineering.
• Engineering degree (civil or mechanical) with insurance qualifications (ACII or equivalent) would be an advantage.
• Self-motivated and well organized; results driven and a good team player.
• Possess strong relationship building, interpersonal and communication skills.
• Attention to detail and capable of dealing with tight timelines and conflicting priorities.
• Proficiency in MS Suite is essential.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

• Instant membership in the Allied World — a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto.

We strive to provide exceptional service to our clients and distribution partners. Our Business Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holding Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non-traditional ways. Allied work is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com , or follow us on Facebook and LinkedIn.

Take the next step in your career with us. Allied World is the perfect spot for driven professionals who thrive on collaboration and knowledge. We believe that when our talented team members work together, our clients get the best results. We celebrate diverse perspectives and offer growth opportunities through training, mentoring, and career development. Our people are our greatest asset, and we're proud of our exceptional team.

Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our talented team members work together, our clients get the best results. We celebrate diverse perspectives and offer growth opportunities through training, mentoring, and career development. Our people are our most important asset, and we're proud of the exceptional team.