
Underwriter, Engineering (Renewable)
- Singapore
- Permanent
- Full-time
- Responsible for underwriting activities and P&L responsibility of the Engineering products.
- Responsible for managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation
- Responsible for managing overall business relationship with MTPs and brokers in the area of GWP Growth
- Ensure the ongoing personal technical development to achieve ideal DAL state
- Evaluate risk for new business & renewals in accordance with standards, to ensure profitable growth
- Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
- Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
- Adhere to underwriting standards, instructions and good practice to minimize risks and maximize efficiency
- Develop and maintain good working relationships with all customers, intermediaries and internal stakeholders
- Build strong knowledge of current legislation, best practice, underwriting acceptance levels, systems and organizational guidelines
- Achieve overall local underwriting governance requirement and internal audit: Cell reviews completed timely each month, required actions identified and monitored until complete
- Appropriate reporting in place across all portfolios to cover off GUC requirements and allow for active portfolio management
- 7+ years working experience with substantial experience gained within the insurance industry
- Use of risk profiling and pricing tools and loss models
- Established customer/broker relationships