Senior Commercial Underwriter

3 days ago


Singapore beBeeCareer Full time $120,000 - $180,000

Job Title: Senior Commercial Underwriter

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We are seeking an experienced and skilled commercial underwriter to join our team. The ideal candidate will have a strong background in underwriting large and complex commercial risks, with experience in the Asia region.

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Key Responsibilities:

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  • Underwrite non-marine insurance policies for large and complex commercial risks in various territories across Asia
  • Manage ongoing relationships with brokers and ensure effective communication between internal functions and external parties
  • Develop and manage a portfolio of accounts, negotiating with brokers to achieve favourable terms
  • Underwrite allocated cases in line with agreed processes and risk appetite
  • Review proposals and make balanced recommendations for acceptance
  • Provide accurate and timely documentation to brokers
  • Ensure transactions are processed within agreed timeframes and supervise the processing team
  • Apply controls identified in Internal Control over Financial Reporting (ICOFR) consistently
  • Ensure compliance with laws, regulations, and guidelines, including internal policies and procedures
  • Develop skills and knowledge in the functional area to enhance work quality and achievement of KPIs
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Requirements:

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  • At least 12 years' experience in insurance underwriting, specifically in large/complex commercial risks segment, with Asia region experience essential
  • Degree in engineering or related discipline desirable
  • Insurance qualification/Membership of Chartered Insurance Institute (UK) or equivalent
  • Knowledge of commercial insurance underwriting process and market practices
  • Understanding of reinsurance concept and practices
  • Experience of conducting risk surveys
  • Ability to interpret insurance conditions, clauses, and warranties
  • Ability to identify, analyse, and interpret data, statistics, and information for evidence-based decision-making
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What We Offer:

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A competitive compensation package, career development opportunities, professional training, and a collaborative culture.

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We regret that only shortlisted candidates will be contacted.

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