Senior Underwriter, Property Department

Date Posted: Posted10 hari yang lalu
Salary:

Job Description

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?

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Job Detail

  • Job Id
    b42245f2dc7356ee
  • Location
    Jakarta
  • Company
  • Type
    Private
  • Employment Status
    Permanent
  • Positions
    Available
  • Career Level
    Experience
  • Gender
    Male/Female

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