Underwriter (Insurance, Perm, Commercial lines)

RecruitFirst; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading insurance company in Singapore is seeking a professional for client-centric business development focusing on underwriting and maintaining renewals. The ideal candidate will have a relevant degree and professional insurance qualifications. Responsibilities include underwriting risks and building client relationships in a commercial environment. Competitive salary of up to $5,000 per month is offered.

Qualifications

• At least 2-3 years of relevant experience in underwriting commercial lines, or as assistant underwriter.

Responsibilities

• Responsible for Client Centric business development / growth.
• Maintain high renewal retention for business underwritten.
• Evaluate, underwrite and quote risks for commercial classes.

Education

Recognised Degree in Business or related discipline

Professional insurance qualifications (BCP, ComGI, PGI)

ACII is an advantage

Job description

Job Description

Working Hours:Mon – Thur: 830am to 530pm, Fri: 830am to 430pm

Salary:Up to $5,000 per month

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

Recognised Degree in Business or related discipline

Professional insurance qualifications (BCP, ComGI, PGI). ACII is an advantage

At least 2-3 years of relevant experience in underwriting commercial lines, or as assistant underwriter

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