Underwriter, Industry Practices

Chubb; Singapore; On-site; SGD 60,000 - 120,000; Full time

Job summary

Chubb Singapore is seeking an underwriter reporting to the Manager, Industry Practices, to assess and evaluate risks involved in insuring. This role offers an opportunity to deepen knowledge in underwriting within an established insurer.

You'll manage a broker panel, deliver distribution activities, apply underwriting authority, and work with property, financial lines and casualty teams to grow the book and ensure alignment with product guidelines.

Qualifications

• This role requires a strong understanding of insurance principles, policies, and procedures, as well as excellent organizational and communication skills.

Responsibilities

• Achieve financial targets for allocated producer panel.
• Deliver distribution activities: Broker visits, Key Account Management, Prospecting, New Business generation.
• Appropriate use of delegated Underwriting authority.
• Appropriate risk assessment process.
• Appropriate deployment of capacity on New & Renewal Business including endorsement of existing coverage.
• Adherence to Product guidelines & initiatives, including growth or diversification strategies or remedial action if required.
• Development & execution of personal Distribution plan for assigned Broker panel including KAM, renewal portfolio management, broker visits, cross-sell and pipeline activities.
• Close collaboration with property, financial lines and casualty departments.
• Participate in joint travel/presentations.

Job description

What's this Role about?

Reporting to the Manager, Industry Practices, playing a crucial role by assessing and evaluating the risks involved in insuring. The role provides a fantastic opportunity for those looking to further develop their knowledge and expertise in the Underwriting space.

This role requires a strong understanding of insurance principles, policies, and procedures, as well as excellent organizational and communication skills.

Key Responsibilities

1. Achieve financial targets for allocated producer panel.


2. Deliver set Distribution activities (Broker Visits, Key Account Management, Prospecting, New Business generation)


3. Appropriate use of delegated Underwriting authority
   
   
   
   • Appropriate risk assessment process
   
   
   • Appropriate deployment of capacity on New & Renewal Business including endorsement of existing coverage.
   
   
   • Adherence to Product guidelines & initiatives, including growth or diversification strategies or remedial action if required.
   
   
   
   


4. Development & execution of personal Distribution plan for assigned Broker panel. Distribution plan will include Key Account management plan, management of assigned renewal portfolio (including remedial Underwriting action), Broker visit plan, Cross Sell, Pipeline & Prospect activities.


5. Close collaboration with property, financial lines and casualty departments.


6. Participate in joint travel/presentations.