Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
GENERAL SUMMARY
We are seeking a Casualty Underwriting Manager who will own the P&L and strategy to profitably grow and manage the Singapore Casualty portfolio, enforce pricing and portfolio discipline, drive operational and data excellence, lead planning/reporting and market stakeholder engagement, optimize reinsurance and regulatory compliance, develop and lead the team, and act as deputy to the Head of Casualty Asia Pacific.
DUTIES AND RESPONSIBILITIES
Business Development
- Develop casualty business in the region with a focus on South East Asia and more specifically from Singapore through brokers and cedants
- Reviews, analyses, accepts or rejects the most complex risks and renewals in the Casualty
- Visits producers, clients and promotes Starr coverages, products and services. Maintains relationships with producers in Singapore and the region to obtain necessary underwriting information, promote satisfactory service relationship and to encourage the submission of renewal, new and targeted business
- Assist to develop business for achieving targets from global and regional Starr
- Manage local Casualty operation including administrative responsibilities
- Grow revenue of business in Singapore
Strategy and P&L ownership
- Define and execute the Singapore Casualty underwriting strategy and risk appetite in line with regional/group goals
- Own and grow P&L for GL, Products Liability, Umbrella/Excess, Construction/Project Liability and other relevant Casualty lines
- Deliver the annual plan (growth, rate, loss ratio, expense, distribution) and optimize capacity/capital deployment by segment/channel
Portfolio management and pricing discipline
- Monitor portfolio performance by class, segment, limit/attachment, industry, and jurisdiction; implement rate/selection and terms actions promptly
- Lead rate adequacy, exposure and trend analyses; ensure disciplined pricing, wordings, and terms/conditions
- Contribute to set underwriting authorities, referral rules, and escalation thresholds; adjudicate complex/strategic risks
- Contribute to manage accumulations (e.g., product/jurisdictional, US exposure), large-limit deployment, clash/contagion risk
- Partner with Claims on large-loss reviews, reserving insights, litigation strategies, and subrogation opportunities
- Utilize risk engineering surveys and recommendations to improve risk selection and client outcomes
- Embed loss lessons into pricing, wordings, and underwriting guidelines
- Partner with Actuarial/Data on pricing models, segmentation, calibration; run regular portfolio reviews to senior leadership
Distribution and market management
- Build and manage broker and client relationships; execute key account plans and pipeline management
- Represent the company in market meetings, client pitches, and industry forums; provide thought leadership
- Coordinate with regional hubs and networks to service multinational programs and cross-border placements
Operations and data excellence
- Drive service excellence (quote/bind/endorsement accuracy) and process improvements across the underwriting lifecycle
- Ensure data quality in underwriting systems; implement dashboards for decision-making
- Collaborate with Technology/Operations to enhance tools and workflow efficiency
Planning, reporting, and stakeholder management
- Prepare regular performance reports, forecasts, and outlooks for local and regional management
- Lead budgeting and expense management for the function
- Coordinate with Finance, Legal & Compliance, Actuarial, Risk Engineers, and Regional/HO underwriting for alignment and approvals
Leadership, governance, and deputy responsibilities
- Lead, coach, and develop underwriters and portfolio/operations staff; set clear objectives, KPIs, and succession plans; uphold delegated authority frameworks
- Act as a strong second to the Regional Head of Casualty: contribute to regional strategy, represent Singapore in regional forums, and cover decision-making and governance in their absence
QUALIFICATIONS
Job Specifications:
- 1015 years in insurance; 710 in Casualty underwriting with 35 years leading underwriters/portfolio teams and owning P&L preferred
- Proven profitable growth across GL, Products, WICA, Excess/Umbrella; exposure to Construction/ Environmental/ Clinical Trials preferred
- Strong portfolio/pricing discipline: rate adequacy, exposure/trend analysis, selection/segmentation, limit/attachment and accumulation/clash control; adept with manuscript wordings and complex structures (claims-made/occurrence, US/jurisdictional issues)
- Deep Singapore market relationships; track record winning/retaining target risks
- Strong analytics and tools: advanced Excel, pricing tools/models, BI dashboards (Power BI/Tableau)
- Strategic, commercially astute, and outcome-focused; excellent negotiation and communication; inclusive people leader with coaching, performance, and succession capability
- Willingness to travel regionally
Education:
- Bachelor's degree in Insurance/Risk, Business/Finance, Engineering, or Law; and ACII/FCII, CPCU, or ANZIIF CIP preferred
