Insurance Underwriting
1 week ago
United Overseas Insurance (UOI) is a proud member of the UOB Group, was established in 1971 and stands as the sole locally listed General Insurance company in Singapore. Our core activities involve underwriting general insurance business and reinsurance across diverse classes such as fire, marine, motor, engineering, general accident and liability business.
UOI is recognized as a reliable and stable mid-tier insurer, dedicated to achieving superior underwriting results. Embracing a customer-centric approach, we carefully assess risks to maintain a balanced portfolio. Our focus on customer retention, leveraging both the bank and UOI's products and benefits, sets us apart. Our profitability over the years reflects our financial strength.
As a growth-orientated company, UOI remains committed to innovation and expansion, not only in Singapore but across the region.
Responsibilities
- Assist Department Head to achieve the underwriting profit budget set by the Company
- Evaluate, underwrite and quote risks for commercial classes in line with Company's underwriting guidelines
- Place / Assist facultative reinsurance and ensure contract certainty documentation is fulfilled
- Prepare insurance summaries, renewal invite and actively pursue renewable business to achieve high persistency targets
- Ensure premiums are collected within premium warranty framework
- Issue cover notes, certificates of insurance, instructions for issuance of policies and preparation of monthly business reports
- Undertake any other assignments as allocated
Requirements
- Minimally Diploma in any discipline
- Possession of Certificate in General Insurance will be an added advantage
- Proficient in Microsoft Office Suite
- Good problem-solving and communication skills
- Ability to put customers at the core of the business
- Ability to work well in a team
Tell employers what skills you have
Able To Multitask
Microsoft Office
Microsoft Excel
Risk Assessment
Interpersonal Skills
Relationship Management
Administration
Underwriting
General Insurance
Communication Skills
Team Player
Customer Service
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