AVP - Commercial Lines Underwriter

3 weeks ago


Singapore Focuscore Recruit Pte. Ltd. Full time

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


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