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Underwriter

5-8 Years
SGD 12,000 - 17,000 per month
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Job Description

Meet Markel:

At Markel, we believe that what we do really matters. And that every one of us has the power to make a difference. To us, insurance is more than a piece of paper. It's a promise to help people get back on their feet. It's a commitment that gives people the courage to take chances. And in uncertain times, it's the fuel that moves the world forward.

Since the very start, we've used our ingenuity to insure risks that others can't.
Finding smart solutions to complex problems, so people can live their lives and seize opportunities.

Our style is about focussing on people's needs, not just words on a page. It's about building relationships and connecting as humans. And ultimately, it's about being there for people when they need us most.

In our eyes, our journey is just beginning. Together, we're building a business that supports more people, in more places. But unlike our peers, we'll never lose our people-first focus as we grow. Because you will always be what makes Markel special. And what continues to power this business forward.

Markel Group (NYSE - MKL) is a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

Divisional and Team overview:

Renewable Energy is part of the Energy and Power division, a subset of the Marine & Energy division of Markel International's Wholesale book. We have staff around the world with a significant presence in Asia and the US, in addition to the London market, and can write business on both Company and Syndicate 3000 paper at Lloyd's.

Our teams operate as One Wholesale, working together towards our goal to be one of the world's great speciality insurers. We work collaboratively both within Wholesale and across the wider Markel organisation, and because we work as one, we can create the best solutions possible for our clients and provide exceptional development opportunities for our staff.

We are committed to technical underwriting and support our decision making with experienced engineering expertise. Our customers are the most valuable stakeholders in the value chain, and we work closely with our claims team to deliver the best possible experience. A great emphasis is placed on long term partnerships with both brokers and assureds, and we travel extensively to build and maintain distribution networks and client relationships across the Globe.

What we ask of you:

  • Work with your line manager and Director for Energy and Power to develop and implement the underwriting strategy and business plan for the Singapore market and APAC region, building a long-term and profitable book of business.
  • Develop strong relationships with new and existing brokers.
  • Be active in marketing our products, including international travel and representing Markel as required in meetings, conferences and other such events.
  • Demonstrate sound underwriting judgement whilst continuously scrutinizing performance against plan and adjusting approach as required.
  • Apply appropriate risk management practices including aggregation management, governance controls and any measures required to monitor exposures within plan / agreed limits.
  • Providing underwriting support to overseas offices and handling of referral approvals
  • Champion continuous development of associates to ensure all team members reach their potential
  • Monitor and report on portfolio performance.
  • Seek and implement continuous improvements in end-to-end processes and data management.
  • Prioritise customer experience with best-in-class response times to all stakeholders.

    What you will bring to the role:
  • Have proven experience within the Renewable Energy and / or Power insurance market
  • Have a detailed understanding of the business line with a technical grasp of current risk factors and underwriting concerns, as well as an understanding of the global insurance marketplace
  • Demonstrate strong numerical and analytical ability.
  • Have excellent communication skills.
  • Have in place and/or willingness to develop a network of Singapore and international distribution channels.
  • Demonstrate being an active member of a team and contribute to an open environment
  • Be enthusiastic, proactive, and someone who strives for excellence in everything they do.

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Job ID: 147801843

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