How can building relationships lead to building outcomes with impact?
You’ll be involved in Underwrite profitable new and renewal business to meet business targets locally/regionally and negotiation of participation, pricing and terms and conditions. To take ownership of accounts / clients. you'll help individuals on Training and development of team and referral point for other underwriters and to develop and maintain strong relationships with brokers and clients
You'll be responsible for:
Underwrite new and renewal accounts to meet top and bottom line targets (local and/or regional). Negotiate participation, pricing and terms and conditions with brokers. Proactively manage capacity.
Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios. Underwrite International Insurance Programs in line with business governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
Ensure contract certainty is achieved on all accounts at time of inception
Ensure accurate policy documentation issued to broker or broker has issued documentation.
File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
Proactively support completion of policy administration and credit control processes
Training, developing and coaching of less experienced staff (including junior underwriters, operations, credit control)
Proactively support acqusition of new business and retention of existing business (including client and broker negotiations where necessary)
Proactivley liaise with Distribution Management on market management initiatives
Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC/ Distribution Management, ARC/ Risk Consulting, Claims, Operations
Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)
Important to your success:
Preferably a degree in Economics, Law, or other appropriate discipline
Additional professional certification in related qualification such as Risk Management and Process Safety will be an advantage.
A minimum of 3 to 5 years of experience in property Underwriting
Completion of professional insurance qualifcation (e.g. CII)
Ability to assess risk inherent exposures and natural hazards relevant to Business
Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
To design, develop and implement consistent, robust wordings
Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation.
Ability to express ideas and messages clearly, both written and verbally. Ability to "sell" an improvised or prepared audience winning story
Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire.
Ability to persuade and motivate others to act, without executive authority
Let’s care for tomorrow. For underwriting big decisions. Care to join us?
Minimum 1 year in-job related experience (Fresh Graduate with 3-6 months internship experience are welcome to apply).
Manage external clientsâ payroll schedule.
Demonstrate competency of promoting and selling new launch Takeda Dengue Vaccine to customers ethically and within compliance based on companyâs sales processâ¦