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Motor Underwriter

3 weeks ago

Singapore beBeeUnderwriter Full time $80,000 - $120,000
About This Role

We are seeking a skilled Motor Underwriter to join our team. As an underwriter, you will be responsible for assessing and underwriting motor retail and scheme business profitably within delegated authority.

Key Responsibilities
  • Assess and underwrite motor retail and scheme business profitably within delegated authority
  • Review existing accounts periodically; monitor and analyze producers' performance to ensure business growth and profitability
  • Propose new processes to improve efficiency or security of underwriting
  • Ensure required reports and submissions are done within timelines
  • Work closely with Claims, Finance, Customer Service departments to facilitate optimal support to producers
  • Foster strong business relationships with external and internal partners
  • Ensure compliance with company requirements and all other relevant statutory regulations and guidelines
Requirements
  • Bachelor's Degree/Diploma/Professional Insurance qualification
  • Minimum 5 years of relevant working experience in the motor insurance industry as an underwriter and/or broker
  • Familiar with local market mechanisms and practices, and has well-established relationships with motor dealers and producers
  • Sound underwriting technical knowledge in motor insurance coupled with good business sense
  • Good numerical and analytical skills to identify trends and propose solutions
  • Possess Certificate of General Insurance (CGI) - Full certification
  • Effective interpersonal and communication skills (written and spoken)
  • Highly accountable and results-oriented
  • Ability to work in a fast-paced environment, making quick decisions while maintaining strong underwriting discipline