Insurance Business Development Specialist
7 days ago
About Us
Liberty Insurance Singapore is a 100% owned strategic business unit of Liberty Mutual Insurance Group.
Headquartered in Boston, Liberty Mutual Insurance Group is a diversified global insurer and the fifth largest property and casualty insurer in the U.S based on gross written premium.
We employ over 50,000 people in 29 countries and economies around the world.
Job DescriptionEvaluate new and renewal business within delegated authority limits, Company's guidelines, local regulations, to achieve profitable growth.
Develop ongoing relationship with intermediaries which includes development and growing the business.
Identify sales, market trends and appetite, and business opportunities together with Distribution colleagues.
Provide technical support to our Distribution colleagues.
Provides technical assessment, including conducting risks survey where necessary.
Assist underwriting manager to identify and improve underwriting processes.
Transform to digital insurance, including application platform, straight-thru' quotation and rating process.
Line of business includes (but not limited to) Property, Liability, Work Injury Compensation, and General Accident Classes of Insurance
Key Responsibilities- Evaluate new and renewal business
- Develop relationships with intermediaries
- Identify sales and market trends
- Provide technical support
- Conduct risk surveys
- Improve underwriting processes
- Transform to digital insurance
Minimum Diploma / Professional Insurance qualification
2 years or more of relevant working experience in Commercial Lines insurance
Actively pursuing professional insurance designations such as ACII/AAII or equivalent designation preferred
Thorough knowledge of commercial lines product and contract language which includes regulatory and policy difference
Strong negotiation and analytical skills
Strong computer skills and the ability to work with multi-faceted systems
Ability to effectively and independently manage workload while exhibiting good judgement
Good written and verbal communication skills
Ability to build relationships, and must also exemplify teamwork
Company OverviewA diversified global insurer and the fifth largest property and casualty insurer in the U.S based on gross written premium.
BenefitsEvery role at Liberty Insurance is essential to our mission of helping people embrace today and confidently pursue tomorrow.
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