Deputy Head of Commercial Lines

4 weeks ago

Singapore HL ASSURANCE PTE. LTD. Full time
Roles & Responsibilities

Reporting to the Head of Commercial Lines, you shall be responsible to:

  • Assist in product strategies development that will book growth and garner profitability to achieve production target.
  • Implement and manage effective pricing to ensure that pricing is adequate to commensurate with the acceptable risk exposure.
  • Handle risk assessment and underwriting of the assigned class of insurance business in accordance to the underwriting authority as delegated, to deliver underwriting decision within specified turnaround time.
  • Liaise closely with insurance brokers, clients, agencies and agents to secure potential profitable business and achieve production targets.
  • Conduct market research and competitors' statistical analysis of all product classes.
  • Monitor portfolio performance, analyze trends, and recommend corrective actions to optimize profitability
  • Understand and achieve synergies between risk underwriting, reinsurance and treaty programs
  • Strategize business initiatives and campaigns with Distribution to drive new business acquisitions and retain renewal accounts.
  • Drive new business acquisitions through intermediaries to potential customers through strong engagements, trainings and seminars.
  • Design and execute high quality training and engagement programs with Distribution to educate intermediary partners on product portfolio and benefits offered by the Company.
  • Lead, motivate, and develop the commercial lines underwriting team to achieve business targets
  • Achieve assigned targets and KPIs for sales production and profitable portfolio. Proactively recruits new intermediaries to expand distribution network.
  • Establish productive, professional relationships with key personnel in acquired intermediary accounts.
  • Perform regular market research and competitor analysis to keep ourselves ahead of competition and to continuously innovate our market approach.
  • Leads innovative solution projects that enhance user requirements and customer experience, while coordinating the involvement of all necessary stakeholders.
  • Coordinates the involvement of company stakeholders, including support, service levels and processes to meet partner/client requirements and objectives.
  • Proactively leads an annual joint-planning process to develop mutual performance objectives, financial targets, and critical milestones associated with our intermediaries.
  • Foster excellent communication with internal and external stakeholders to drive distribution and operational efficiencies.
  • Perform any other assigned duties from time to time.

Job Requirements:

  • A recognized Diploma or Degree in any related discipline, with professional qualifications in General Insurance
  • Minimum 8-10 years of hands-on relevant experience in underwriting commercial lines including Fire, Property, All Risk, Public/ Product Liability, CAR, WIC, GPA, GBT, and other groups.
  • Excellent communication, negotiation, and stakeholder management skills
  • Resourceful, independent and a fast leaner, able to grasp processes and system quickly
  • Excellent presentation, communication, interpersonal and relationship management skills
  • Good understanding of regulatory frameworks and industry best practices
  • Able to work within tight schedule and under pressure

Other Information and Benefits

  • 5-day work week (Mon – Fri, 9 am - 6 pm)
  • Walking distance from Tanjong Pagar MRT
  • Attractive remuneration package, variable performance bonus, annual leave entitlement, outpatient and dental benefits, group hospitalization and surgical, personal accident and term life insurance, etc.
Tell employers what skills you have

Negotiation
Management Skills
Relationship Management Skills
Term Life Insurance
Risk Assessment
Reinsurance
Property
Commercial Lines
Underwriting
General Insurance
Pressure
Product Liability
Stakeholder Management
Acquisitions
Pricing

  • Deputy Head of Commercial Lines

    1 week ago

    Singapore HL ASSURANCE PTE. LTD. Full time

    Reporting to the Head of Commercial Lines, you shall be responsible to:Assist in product strategies development that will book growth and garner profitability to achieve production target.Implement and manage effective pricing to ensure that pricing is adequate to commensurate with the acceptable risk exposure.Handle risk assessment and underwriting of the...

  • Commercial Line Manager, Deep Sea Lines

    3 days ago

    Singapore American President Lines Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Select how often (in days) to receive an alert: Commercial Line Manager, Asia to East Africa Led by Rodolphe Saadé, the CMA CGM Group, a global leader in shipping and logistics, serves more than 420 ports around the world on five continents. With its subsidiary...

  • Head of Commercial Underwriting

    1 hour ago

    Singapore beBeeLeadership Full time $180,000 - $240,000

    Job Overview:We are seeking a seasoned professional to fill the role of Deputy Head of Commercial Lines. In this position, you will be responsible for leading the commercial lines underwriting team and driving business initiatives to achieve growth and profitability.">Develop and implement product strategies to drive business growth and maximize...

  • Deputy Head, Employment

    3 days ago

    Singapore Rajah & Tann Asia Full time

    Qinghui is the Deputy Head of the firm's Employment (Disputes) Practice. Qinghui has been recognised in The Best Lawyers in Singapore for Litigation for five years in a row to date, and is also listed as a Leading Lawyer for Dispute Resolution & Litigation in Asialaw Leading Lawyers rd edition), and as one of Singapore's 70 Most Influential Lawyers Aged 40...

  • Deputy Head Cash Management And Corporate Banking Services

    3 days ago

    Singapore Crédit Agricole SA Full time

    Deputy Head Cash Management And Corporate Banking Services (CCS) Business type Types of Jobs - IT, Digital et Data Job title Deputy Head Cash Management And Corporate Banking Services (CCS) Contract type Permanent Contract Job summary Position Directly reporting to the Head of Cash Management and Corporate Banking Services (CCS), the deputy...

  • Manager, Commercial Lines

    3 weeks ago

    Singapore INCOME INSURANCE LIMITED Full time

    Roles & ResponsibilitiesKey Responsibilities include:Underwriting and assessment of presented Commercial Lines risks in accordance with guidelines and protocols to secure profitable business Engagement with internal (Finance, BS, IT, CC, Biz Process, other business units, etc) and external stakeholders (reinsurers, intermediaries, clients) to drive...

  • Manager, Commercial

    7 days ago

    Singapore Pacific International Lines Full time

    Singapore **DRIVING CONNECTIVITY** **Chart your Course with PIL** With over 55 years of leadership in the global shipping industry, Pacific International Lines (PIL) is looking for proactive individuals to drive innovation and sustainable shipping solutions. If you’re fueled by pioneering ideas, enjoy challenging the status quo, and are determined to...

  • Commercial Line Manager, NVO Desk

    3 days ago

    Singapore CMA CGM Full time

    Join to apply for the Commercial Line Manager, NVO Desk role at CMA CGM 3 days ago Be among the first 25 applicants Join to apply for the Commercial Line Manager, NVO Desk role at CMA CGM Get AI-powered advice on this job and more exclusive features. Role Overview In this role, you will report to the Head of the ANL Asia Commercial Desk and be responsible...

  • Deputy Head Cash Management And Corporate Banking Services

    3 days ago

    Singapore Crédit Agricole Group Full time

    Position Directly reporting to the Head of Cash Management and Corporate Banking Services (CCS), the deputy head of CCS is fully in charge of the Software Engineering practices delegated to him. These practices are organized by Business Lines (Transaction Banking, Trade Finance, Financing, …), in various feature teams in charge of the different...

  • Head of Operations

    2 weeks ago

    Singapore Pacific International Lines (PTE) Ltd Full time

    Join to apply for the Head of Operations role at Pacific International Lines (PTE) Ltd Join to apply for the Head of Operations role at Pacific International Lines (PTE) Ltd Get AI-powered advice on this job and more exclusive features. Chart your Course with PIL With over 55 years of leadership in the global shipping industry, Pacific International Lines...