Senior Commercial Underwriter

• Develop and implement Property & Casualty (which includes Engineering, Construction, Bonds) business strategy, initiatives and plans responsible for both the Topline and Bottomline of the P&C segments. This also includes product development, review of policy wordings and underwriting/Treaty guidelines, P&C platform development (if any) and management of distribution of P&C products and services across all distribution channels

• Liaise with Business Units on referral accounts and prepare referrals to Asia/Head Office /Treaty/CEO for approvals

• Ensure that reasonable turn around time is achieved for the account to be replied to the Business Units

• Ensure that prudent technical underwriting is conducted as well as balancing the business aspects of securing the accounts.

• Collaborate with Governance, Reinsurance, Actuarial and Claims teams to manage loss ratios

• Negotiate, underwrite, accept all accounts within Risk Acceptance Authority /Risk Acceptance Guide

• Develop and mentor other more junior underwriters / Business Units and explain the decision taken for the accounts.

• Market engagements with the industry

• Ensure compliance with all laws, regulatory provisions and Group policies as are relevant to the role

• Undertake any other duties as may be assigned

Qualifications

• Tertiary qualification and professional insurance qualifications

At least 6 years of experience in a senior / head level developing and underwriting Commercial insurance business and products

• Commercial Insurance business and underwriting, pricing, referrals, review of policy wordings and product enhancements

• Digitalization savviness

• Portfolio Management

• Knowledge of distribution channels structure and good interpersonal liaison with them

• Singapore Property & Casualty market