AVP - Commercial Lines Underwriter

2 weeks ago


Singapore FOCUSCORE RECRUIT PTE. LTD. Full time
Roles & Responsibilities

About the company

A multinational insurance company, they are one of the largest insurance groups in Europe and operates in over 30 countries worldwide.

About the role

  • Underwrite all lines of P&C business within delegated Underwriting authority including Marine and Bond business.
  • Take the lead in the management and development of the Brokers channel including Financial Advisors.
  • Take the lead in the production of profitable business from Brokers' channels with a strong focus on Annual renewable accounts.
  • Lead or co-lead annual Business Planning for Brokers and Annual business.
  • Active participation during business planning and strategy discussions for all classes of business.
  • Service allocated producers (brokers and financial advisors) to provide them with underwriting quotations and query support.
  • Deputize key Product Underwriters in their absence.
  • Monthly review of the premium target, pricing adequacy, and profitability of the producers within the Brokers' channel.
  • Maintain a strong pipeline of Annual accounts including organized tracking of renewal dates, producing source and premium potential.
  • Any other duties from time to time assigned by Management or CUO

Requirements

  • Experience working in the insurance industry with technical competence in more than 2 classes of insurance as an Underwriter or a Broker
  • Handling independently a portfolio of accounts from brokers or agents
  • Strong business acumen to understand economics and business models
  • Good relationship with producers (agents, brokers, or direct clients)
  • Contacts with key Reinsurers will be an advantage

Tell employers what skills you have

Product Knowledge
Producing
Product Design
Business Analysis
Business Acumen
Sales Management
CL
Financial Acumen
Channel
Economics
Business Planning
Underwriting
Customer Focus
Pricing
Directing

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