Underwriting Assistant

Everest Group; Singapore; Hybrid; SGD 45,000 - 60,000; Full time

Job summary

A global risk management leader is seeking an Underwriting Assistant for their Singapore office. This role involves supporting underwriting teams, ensuring accurate data management, and providing administrative assistance. Candidates should have knowledge in underwriting processes and at least two years of relevant experience. A hybrid work schedule is offered, allowing for remote work two days a week.

Qualifications

• At least two years relevant experience in an underwriting support role.
• Ability to deal with external stakeholders professionally.
• Critical knowledge of commercial lines of business.

Responsibilities

• Assist underwriters in achieving portfolio targets.
• Summarize slip terms and conditions and calculate premiums.
• Provide administrative support to underwriters.

Skills

Communication with external stakeholders

Knowledge of underwriting processes

Experience in underwriting support role

Ability to prioritize tasks

Attention to detail

Tools

Microsoft Excel

Adobe Acrobat

Microsoft Word

Microsoft Outlook

Job description

Title: Underwriting Assistant

Company: Everest Intl Re Ltd Singapore

Job Category: Underwriting Operations

Job Description: About Everest

Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.

We are recruiting for an Underwriting Assistant to be based in our Singapore Insurance office with a hybrid schedule that has the option of working two days remotely each week.

To support our Underwriting teams across new & existing business written by Everest International Insurance under the Operations team. Role will report to the UA Team Leader in Operations and work in close coordination with various UW teams as a multi-line UA.

Key Accountabilities

• Assist underwriters in the day to day matters so as to achieve our portfolio targets across lines of business
• To summarize slip terms and conditions calculate premiums and exposures and ensure complete accurate entry of submissions quotes risks endorsements and transactions to the Everest Underwriting System(s) so as to ensure correct management statistical and regulatory reporting.
• Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems by our BPO.
• Store all risk information and correspondence onto the document repository to ensure a complete and accurate audit trail of all substantive business activity.
• Ensure that all relevant underwriting information is included for the peer review risk entry and data checking review process within the designated timeframe. Underwriting information submitted electronically to be indexed and updated as appropriate within specified timeframes.
• Maintain tools containing key underwriting information to facilitate compliance sanctions fraud and financial crime checks pre bind and monitoring post bind.
• Provide administrative support to underwriters and the Operations team in areas including credit control queries data quality and process improvement.
• When necessary provide support to Underwriting teams within other classes of business.
• Any other ad hoc tasks as defined and agreed with the Head of Operations & Team Leader.

Desired Skills & Experience

• Ability to deal with external stakeholders in a professional manner
• Knowledge of underwriting and facultative Insurance & Reinsurance processes
• At least two years relevant experience of working in an underwriting support role
• Critical to have experience and knowledge of any of the key lines of commercial lines of business such as Energy & Construction WICA Marine Aviation Financial Lines CPR and A&H.
• Knowing how to read a slip of any of the above lines of business is very important
• Ability to stay organized in a fast paced and high intensity work environment with the ability to effectively prioritize tasks
• Willing to take initiative function independently and be entrepreneurial with the highest standards of ethics and professionalism
• Commitment to customer service as a differentiator
• A preference for working collaboratively with colleagues & creating a strong company culture
• Attention to detail & a willingness to continually learn

Our Culture

• At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
• Our Values are the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity Equity and Inclusion.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
• All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.
• We are dedicated to building an inclusive and authentic workplace. If you are excited about this role but your past experience doesn’t align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Type: Regular

Time Type: Full time

Primary Location: Singapore

Key Skills

Employee Orientation, Data Entry, Organizational skills, Adobe Acrobat, Math, Microsoft Outlook, Microsoft Word, Office Experience, Workers’ Compensation Law, Microsoft Excel, Underwriting, Administrative Experience

Employment Type: Full-Time

Experience: years

Vacancy: 1