Underwriting Manager (ID: 560291)

Employer
PERSOLKELLY Singapore Pte Ltd
Location
Singapore, Singapore
Salary
S$8k - S$10k
Posted
15 Sep 2022
Closes
15 Oct 2022
Ref
16866358
Job Function
Insurance
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
  • Support the Profit Centres & Underwriter with the following:
  • Delegating instructions from Regional A&H Underwriting
  • Lead the product development process with Direct Marketing, Worksite, Personal Lines/SME teams
  • Liaising with Regional Underwriters on new product submissions as and where necessary
  • Facilitate portfolio management of various product lines
  • Monthly review of product lines portfolios: A&H, Personal Lines & SME to ensure profitability and viability of products
  • Detailed reviews are done via products, stat lines, and sponsors
  • Work closely with Claims Department to facilitate claims data and management; ensuring claim levels are at manageable levels
  • Facilitate business cases as and where necessary
  • Develop and ensure the following underwriting management programs are implemented:
  • Loss Control (appropriate use of the available services)
  • Quality Control
  • Underwriting Plan/Monitoring Control
  • Pricing Management (using the Burning Cost Model as appropriate)
  • Service Management
  • Catastrophe Management
  • Portfolio Planning, including Account Management
  • Portfolio Pricing
  • Portfolio Monitoring and Control
  • Manage, train, mentor and guide Underwriter to be technically proficient in underwriting and product development. Initiate and lead in reviewing underwriting proficiency and customer focus efficiency of Underwriter and Underwriting team.
  • Liaise with other functional groups to ensure appropriate and timely flow of technical information into and out of the Underwriting Unit: e.g., Finance and Claims.
  • Ensure all business is underwritten within established Internal Audit Guidelines
  • Manage projects as and where assigned.


Job Requirement
  • Bachelor's Degree with 5-8 years working experience in the insurance industry as an underwriter or production underwriter, preferably in A&H, Personal Lines & SME. Professional qualification such as ACII is a plus.
  • You must be a team player and an effective negotiator with good communication and interpersonal skills
  • Is resourceful with strong problem solving and analytical skills, paying attention to details accuracy.
  • Experience working within a profit centre environment with a mid-size to large multinational company.
  • Able to team lead and provide excellent leadership to the department to deliver support and service to stakeholders.

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