Senior Property Underwriter, APAC
This role will work closely with the Regional Head of Property focusing on the development and expansion of our client and broker relationships, as well as supporting for the acceleration of profitable growth and retention in achieving profitability targets, in line with our local, regional, and global strategies.
Responsibilities:
- Serve as APAC Regional Property Senior Underwriter, assisting the Regional Head of Property in regional referrals, growing APAC P&L and driving the development and execution of the market strategy for Property in the Asia Pacific region. Act as APAC Regional Referral Point for Japanese interest accounts.
- Contribute to the growth and profitability of Sompo International Property portfolio by actively sourcing submissions and binding accounts.
- Assist the Regional Head of Property in supervising, mentoring, and developing team members to enhance performance and professional growth.
- Meet and negotiate with clients and brokers to build relationships and to develop new and renewal business
- Contribute to build a well-diversified and balanced book in terms of risk profile and segmentation
- Actively participate in the development of underwriting strategies within the Property team
- Analyse underwriting information and ensure appropriate terms and conditions are secured
- Perform contract negotiation, attending and travelling to client meetings, presentations to customers and conducting underwriting reviews
- Be responsible for underwriting document filings, accuracy of data entries to systems and contract integrity for accounts underwritten
- Effectively interact, communicate and negotiate with all levels of external and/or internal business partners (such as Distribution, Claims, Operations, Finances)
- Support marketing efforts, creating high quality, original solutions to enhance the reputation and market presence of Sompo International
- Focus on other value add projects, developments, and activities, as required
Skills & Experience:
- 10+ years of experience working in underwriting positions in Property in Asia Pac, wider experience is a plus
- Deep insurance industry knowledge, underpinned by relevant qualifications and a strong track record of accomplishment
- Experience in underwriting Japanese accounts
- Japanese language skills (written and spoken) will be advantageous
- Strong expertise in global insurance programs
- Broad network within the local broker and inhouse risk manager Community
- Strong interpersonal, communication and leadership skills.
- Strong leadership skills and a team player. Deep knowledge of international management processes and corporate dynamics as well as a thorough understanding of the market and industry environment
- Strong understanding of economic relationships, business models in the insurance industry and knowledge of strategy development
- Good understanding of the insurance regulatory environment in Asia Pac and its influence in business development, underwriting and claims management strategies
