Senior Underwriting Governance Strategist

1 day ago


Singapore HYPERSCAL SOLUTIONS PTE. LTD. Full time
Job Summary
We are seeking an experienced Senior Underwriting Governance Strategist to join our team at HYPERSCAL SOLUTIONS PTE. LTD.

About the Role
The Senior Underwriting Governance Strategist will play a crucial role in overseeing the development and implementation of underwriting policies, guidelines, and procedures across various business units.

Key Responsibilities
  • Develop and maintain central registers of underwriting manuals, guidelines, risk acceptance authorities, underwriting breaches, and work processes.
  • Monitor overall pricing adequacy to ensure optimal profitability.
  • Analyze data and identify areas for improvement to enhance underwriting productivity and efficiency.
  • Collaborate with stakeholders to optimize technology and workflow for referrals.
  • Liaise with regulatory authorities, such as MOM, to represent the company's interests.
  • Administer group underwriting policies and guidelines, including coordination with MSIG Asia/Head Office, establishment of procedures, control mechanisms, monitoring, and reporting.
  • Conduct underwriting audits of business units, underwriting and reinsurance workshops, and training sessions.
  • Support the development and implementation of environmental risk management frameworks and strategies.
  • Liaise with service providers through collaboration with relevant segment profit centers and business units.
  • Ensure compliance with group and regulatory reporting requirements, including PPF and IFRS17.

Requirements
  • Tertiary qualification and/or insurance professional qualifications.
  • No less than 8 years of underwriting experience in general insurance operations.
  • Familiarity with commercial insurance business and underwriting, pricing, audit, referrals, policy wordings, and product enhancements.
  • Experience in business transformation, digitalization, and business analysis portfolio management techniques.
  • Knowledge of insurance products and good interpersonal and communication skills.

What You Will Gain
This role offers a competitive salary of SGD $120,000 - SGD $180,000 per annum, commensurate with experience, depending on your background and qualifications. As part of our dynamic team, you will have opportunities to grow professionally and personally, working with a talented group of individuals who share your passion for excellence.

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