Senior Vice President, Energy
2 days ago
Reporting to the Executive Vice President and Head of Underwriting, Reinsurance & Claims, this role will function as a specialist in Energy & Construction, with a specific focus on Renewable Energy. You will oversee and evaluate underwriting referrals for our business units (BUs) in Asia, develop our Engineering Lines of Business, and support our BUs in achieving their profitable growth objectives in Renewable Energy.
Key Responsibilities
- Accountable for the business performance and underwriting results of the Energy & Construction/Engineering business, especially Renewable Energy, for our BUs in Asia
- Underwrite and manage the Energy & Construction, including Renewable Energy, portfolio to sustain long-term growth and profitability. Ensure all risks are accepted and underwritten in accordance with MSIG's guidelines
- Oversee the managing general agent (MGA) for Renewable Energy in collaboration with MSIG Singapore
- Lead and manage the Renewable Energy treaty for MSIG Singapore, including its renewal, and expand its accessibility to other BUs in our Asia region
- Maintain a broad network of brokerage relationships and relationships with suitable MSIG agency companies, and expand distribution opportunities as appropriate
- Enhance the Energy & Construction insurance capabilities in our BUs in Asia through training, coaching and knowledge transfer
- Assist in product development, business development, and claims support and advice to ensure the achievement of sustainable and profitable growth objectives
- Assist in managing BU submissions and analysing the portfolio
- Support in refining systems, processes, and workflows for the Engineering Lines of Business in our BUs in Asia, ensuring all stakeholders experience a service quality that aligns with our ambition to be a leader in service quality
- Ensure compliance with all relevant laws, regulatory provisions, and Group policies
Requirements
- Degree holder, preferably in Engineering or related fields
- Insurance-related professional qualification(s)
- Minimum of 10 years' experience in the insurance/reinsurance industry, with at least five years of business development and underwriting experience in Energy & Construction, including Renewable Energy insurance products
- Risk engineering and/or claims experience in Engineering Lines of Business, especially Renewable Energy, will be a distinct advantage
- Understanding of the technical aspects, exposures, and relevant coverages/terms & conditions, and the impact of underwriting decisions on company assets
- Ability to identify risk exposures, special or common hazards, and appropriate controls
- Strong track record in business development, with business acumen to understand business and market requirements
- Excellent analytical skills with creative and strategic thinking and planning
- Excellent negotiation, problem-solving, decision-making, communication, and interpersonal skills
- Skilled in coaching, delegating and providing feedback to develop junior underwriters in underwriting best practices
Energy Policy
Negotiation
Coaching
Renewable Energy Business
Brokerage
Construction
Analytical Skills
Reinsurance
Interpersonal Skills
Business Acumen
Energy
Energy Markets
Energy Project
Renewable Energy Projects
Underwriting
Compliance
Product Development
Renewable Energy
Business Development
green energy
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