Underwriter, Financial Lines

QBE Insurance; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

QBE Insurance Singapore is seeking a full-time underwriter to support business strategies by cultivating client relationships and making informed underwriting decisions to boost portfolio profitability.

Key duties include generating new business, retaining renewals, pricing strategies, risk assessment and regulatory compliance within our Specialty insurance vertical.

Qualifications

• Moderate relevant experience.
• Underwriting experience in the insurance industry.
• Established customer and broker relationships.
• Underwriting experience in a high-production environment with increasing levels of responsibility.
• Tertiary Degree or equivalent combination of education and work experience.

Responsibilities

• Review, evaluate and price business by applying underwriting judgment and adhering to regulations.
• Identify and minimise risks through due diligence and escalation of issues when necessary.
• Comply with legal and regulatory requirements.
• Contribute to recording and measurement of insurance risks.
• Establish and maintain relationships with intermediaries and customers.
• Assist with improvements in underwriting practices and pricing strategies.
• Research and obtain market intelligence to enhance profit goals.
• Contribute to special projects and department initiatives.

Skills

Adaptability

Commercial Acumen

Communication

Critical Thinking

Customer Service

Customer Value Management

Decision Making

Insurance Underwriting

Collaboration

Performance Management

Pricing Strategies

Process Improvements

Regulatory Compliance

Risk Management

Strategic Management

Education

Tertiary Degree

Job description

Primary DetailsTime Type: Full timeWorker Type: EmployeeThe purpose of this role is to support the implementation of specific business strategies by contributing to business development and growth through cultivating relationships with designated clients and making informed underwriting decisions to enhance the profitability of the portfolio. Key responsibilities involve generating new business, retaining renewals, and ensuring the overall profitability of a specific designated book of business within our Specialty insurance vertical

• Review, evaluate and price business by applying underwriting judgment and adhering to regulations.
• Identify and minimise risks through due diligence and escalation of issues when necessary.
• Comply with legal and regulatory requirements.
• Contribute to recording and measurement of insurance risks.
• Establish and maintain relationships with intermediaries and customers.
• Assist with improvements in underwriting practices and pricing strategies.
• Research and obtain market intelligence to enhance profit goals.
• Contribute to special projects and department initiatives.

Work Experience: Necessary Work Experience includes:

• Moderate relevant experience.

Preferred Work Experience:

• Underwriting experience in the insurance industry.
• Established customer and broker relationships.
• Underwriting experience in a high-production environment with increasing levels of responsibility.

Qualifications: Necessary Qualifications include:

• Tertiary Degree or equivalent combination of education and work experience.

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 governments. It provides clear guidance to help us to make good judgement calls.

Skills: Adaptability, Commercial Acumen, Communication, Critical Thinking, Customer Service, Customer Value Management, Decision Making, Insurance Underwriting, Intentional collaboration, Managing performance, Pricing Strategies, Process Improvements, Regulatory Compliance, Risk Management, Strategic Management