Underwriter (Direct Corporate)

United Overseas Insurance; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading insurance firm in Singapore is seeking a dedicated professional to enhance business growth and provide exceptional service. The role involves client-centric business development, underwriting risks, and maintaining high customer satisfaction. Candidates should have a diploma, a Certificate in General Insurance, and strong communication skills. This opportunity offers a dynamic environment focused on customer relationships and business transformation.

Qualifications

• Minimum Diploma in any discipline required.
• Possess Certificate in General Insurance.
• Proficient in Microsoft Office.

Responsibilities

• Responsible for business development for Direct to grow profitable revenue.
• Maintain high renewal retention for underwritten business.
• Evaluate and underwrite risks for commercial classes.

Skills

Customer-centric approach

Problem-solving skills

Communication skills

Education

Diploma in any discipline

Certificate in General Insurance

Tools

Microsoft Office

Job description

About the Division/Dept

The Commercial Distribution Division is responsible for the growth of commercial businesses across multiple channels including Bancassurance, Intermediaries, Direct channels and Partnerships.

It is also responsible for providing holistic, bespoke insurance solutions for its commercial customers, delivering service excellence and increasing market awareness of UOI to achieve customers’ trust and recognition.

Job Purpose

You will be responsible for providing exceptional service to support revenue growth and to achieve customer satisfaction. This includes servicing support to grow new customers, to retain existing customers and to drive transformation process in line with the Company’s objectives.

Main Responsibilities

• Responsible for Client Centric business development / growth for Direct to grow profitable revenue.
• Responsible for the GWP and underwriting profit budget set by the Company.
• Responsible to maintain high renewal retention for business underwritten from the said channel.
• Work with BDMs as appropriate , meeting Direct Clients to build relationships and pipelines on business opportunities / growth.
• Evaluate, underwrite and quote risks for commercial classes (e.g. Property, Casualty, Engineering and Marine) in line with the assigned authority and Company’s underwriting guidelines and treaty arrangements.
• Arrange for placement of facultative reinsurance or acceptance of facultative reinsurance for risks accepted by the Business Unit in accordance with the Company’s limits of acceptance and underwriting policy and ensure contract certainty is fulfilled.
• Working with Corporate solution in Credit Control monitoring and following on outstanding premium.
• Undertake any other assignments as allocated by the Division Head and the CEO to contribute to the overall corporate objectives.

Requirements

• Minimally Diploma in any discipline
• Possess Certificate in General Insurance
• Proficient in Microsoft Office
• A team player with good problem-solving and communication skills
• Ability to put customers at the core of the business