Underwriting Assistant $5K 12 months #ESS

Recruit Express Pte Ltd; Singapore; On-site; SGD 45,000 - 56,000; Full time

Benefits offered by this job

Annual Leave - 14 days

Up to $5000/ month

Job summary

Recruit Express Pte Ltd in Singapore seeks an experienced underwriter support specialist to manage quotes, bindings, and account portfolios across submission, renewal, implementation and maintenance phases. You will coordinate with shared services, underwriting, and credit control to ensure timely processing of premiums and accurate bookings in the system.

The role emphasizes data quality, effective stakeholder communication, and smooth handovers between teams.

Responsibilities

• Submit and renew quotes timely; bind or declined quotes accurately; manage account portfolio.
• Process premiums timely and accurately; coordinate with underwriting for smooth handover of new/renewed accounts.
• Document files meticulously in UW file; ensure correct premium, commission and tax bookings.

Job description

Raffles Place

Benefits

• Annual Leave - 14 days
• Up to $5000/ month
• 14 Days AL

Job Scope

Submission/Renewal Phase

• Timely requests to shares services team for quote creation and name clearance activities
• Timely and accurate binding (or declinature) of quotes
• Management of account portfolio

Implementation Phase

• Timely and accurate processing of premiums
• Proactive engagement with underwriting to ensure new and renewed accounts have an efficient and smooth account hand over, ensuring information received is understood and complete in order to process policies on system(s)
• Ensures timely and complete documentation of files handled by role holder in UW file (on Document Management System)
• Accountable for correct (RI) premium, (RI) commission and tax bookings in processing systems
• Support Credit Control team in Premium collection

Maintenance Phase

• At request of Underwriting, ensure timely and high quality implementation of mid-term endorsements, issuance of certificates of insurance and focus on premium collection monitoring (according to the processing rules and guidelines, incl. system data entries)
• Ensure appropriate communication flow between Underwriting, Middle Office and Shared Services
• Foster positive relationship with internal/external counterparts to get a mutual understanding of their needs
• Deal with and address requests originating from client/broker immediately and refer to Underwriting as required and as timely as possible. Seek confirmation from Underwriting prior to implementation of change request

General Support

• Develop an internal network for facilitating the transfer of information and data between functions and departments in order to service the requirements of the underwriters and clients/brokers
• Develop expert level knowledge with regards to systems, and processes and keep abreast of new guidelines published.
• Ensure data quality accuracy ratios at the defined level/metrics
• Support project work to ensure that existing processes meet requirements
• Demonstrate proactive involvement and assist with leadership in any project work or UAT support.
• Provide support in training and onboarding new hires to ensure they are equipped with the necessary knowledge and skills.
• Provide regular reporting on the progress of policy issuance, highlighting any areas of issues and focus to ensure timely action and continuous improvement.