Underwriter (Treaty & Facultative) Non-Life

6 days ago


Singapore SINGAPORE REINSURANCE CORPORATION LIMITED Full time
Roles & Responsibilities

Responsibilities:

  • To underwrite and develop Non-Life treaty and facultative reinsurance business emanating from Asia.
  • Responsible for the development of underwriting strategies by lines of business and markets to enhance the growth and profitability of the portfolio.
  • Manage natural catastrophe accumulation control for assigned markets.
  • Profitably grow the treaty and facultative portfolio by steering it according to defined strategies to achieve optimum portfolio
  • Play an active role in the development of underwriting guidelines and procedures.
  • Pursue the strict adherence to achieving high underwriting standards by ensuring strong quality control and adopting best practices.
  • Develop line of business and client strategies, business planning and market initiatives.
  • Acquisition of new business and active management of client and broker relationships.
  • Undertake independent treaty and facultative negotiations with clients and brokers.
  • In-line with the responsibilities of the position, to undertake regional business travels for business development as well as client / broker relationship management activities.
  • To increase the presence, visibility and brand value of the organization in Asia.
  • Implementation of the full understanding of clients’ value chains towards developing new business solutions including value added services e.g. technical training needs of clients.
  • Guide and train junior personnel on underwriting aspects to develop them into acquiring holistic underwriting competencies and skill sets.


Requirements:

  1. University Degree holder preferably in Business or Economics.
  2. Min 5 to 7 years relevant experience in reinsurance underwriting with expertise in treaty business.
  3. Well versed in both Facultative and Excess of Loss and Proportional treaty reinsurance.
  4. Prior knowledge and experience working with treaty reinsurance pricing tools.
  5. Regional market knowledge and experience in Asia.
  6. Possess strong and long-standing relationships with clients and brokers in Asia.
  7. Working experience and regional exposure with multi-national reinsurers will be an advantage.
  8. Experience in being a member of project teams and working groups to address technical issues.
  9. Expert knowledge in property treaty and working knowledge in other lines of business.
  10. Excellent command of English in both written and verbal communications.
  11. Excellent inter-personal, presentation and negotiation skills with a high level of motivation.
  12. A proven strong team player.
  13. Excellent leadership and management qualities.


Foot Note:

1) All personal data collected will solely be used for recruitment purposes.

2) By submitting your application, you therefore consent the company to retain the information provided for future opportunities for a limited period. Such data will be deleted or anonymized when it is no longer required for a business or legal purpose.


Tell employers what skills you have

Negotiation
Quality Control
Reinsurance
Property
Relationship Management
Economics
Business Planning
Underwriting
Team Player
Business Development
Pricing

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