Underwriter, Engineering (Renewable)

QBE Insurance; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading global insurance company in Singapore is seeking a skilled underwriting professional to manage Engineering products, oversee P&L responsibilities, and nurture important business relationships. The role requires substantial experience in the insurance industry and a strong aptitude for compliance and risk management. Join a diverse team committed to delivering exceptional value and support in a dynamic environment.

Benefits

Flex and hybrid working options

Medical benefits

Globally, access to online learning via LinkedIn Learning

Internal Appreciation program

Qualifications

• 7+ years working experience with substantial experience gained within the insurance industry.
• Use of risk profiling and pricing tools and loss models.
• Established customer / broker relationships.

Responsibilities

• Responsible for underwriting activities and P&L responsibility of the Engineering products.
• Manage overall business relationship with MTPs and brokers for GWP Growth.
• Perform underwriting activities in compliance with legal and regulatory requirements.

Skills

Adaptability

Insurance Underwriting

Critical Thinking

Risk Management

Customer Service

Job description

Primary Details

Time Type : Full time

Worker Type : Employee

The Opportunity

• Responsible for underwriting activities and P&L responsibility of the Engineering products.
• Responsible for managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation
• Responsible for managing overall business relationship with MTPs and brokers in the area of GWP Growth
• Ensure the ongoing personal technical development to achieve ideal DAL state
• Evaluate risk for new business & renewals in accordance with standards, to ensure profitable growth

Your new role

• Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
• 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
• Achieve overall local underwriting governance requirement and internal audit: cell reviews completed timely each month, required actions identified and monitored until complete
• Appropriate reporting in place across all portfolios to cover off GUC requirements and allow for active portfolio management

About you

• 7+ years working experience with substantial experience gained within the insurance industry
• Use of risk profiling and pricing tools and loss models
• Established customer / broker relationships

About QBE

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

At QBE, we’re enabling a more resilient future - for our customers, communities, environment, and our people. We’re 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, you’ll get to spend every day working with people who are passionate, talented and kind. And with more than 13,000 people working across 27 countries, our scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.

QBE Asia’s 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

• 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 merchandise and life experiences

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 employee’s 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 environment. It provides clear guidance to help us to make good judgement calls.

Skills

Adaptability, Business Development, commercial Acumen, Critical Thinking, Customer Service, Decision Making, Insurance Underwriting, Intentional collaboration, Managing performance, Portfolio Management, Prioritization, Process Improvements, Risk Management, Strategic Management, Trend Analysis

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.

Job ID 340690