Casualty Underwriter

2 days ago

Singapur, Singapore Everest Intl Re, Ltd Singapore Full time
About Everest Intl Re, Ltd Singapore

Everest Intl Re, Ltd Singapore is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management.

About the Role

We are excited to offer this opportunity for an energetic and motivated underwriter to join our Casualty team and also help drive our entry into the Singapore mid-market and SME segments. As we look to execute on an exciting growth trajectory in Asia with Singapore as our base of operations, you will have matrix reporting to the CEO, Everest Insurance Singapore responsible for the Singapore Retail Market. You will play an important role in helping to grow our retail market business and build our relationships with our clients and partners in the mid-market and SME segments.

Key Responsibilities
  1. Conduct day-to-day underwriting and related administrative tasks as part of the Casualty team.
  2. Focus on Casualty products across all of Everest's distribution channels in Singapore and support the Casualty team on winning accounts across Asia.
  3. Apply underwriting knowledge and skills to contribute to the overall growth and profitability of the team and Everest's overall business goals.
  4. Drive new business, review new risk submissions and renewals within assigned authority limits.
  5. Maintain profitable renewal accounts as well as assist in the achievement of indigenous budget plans and business strategies to ensure profitable growth.
  6. Review Casualty policy wordings and endorsements.
  7. Ensure that systems are updated with the correct data (data accuracy), maintain rates adequacy, rates validation and uphold our Underwriting philosophy and standards.
  8. Coordinate with the support team to ensure valid and timely response on production of policies, endorsements, certificates, renewal notices, invoices and other administrative requirements.
  9. Maintains close rapport and relationship with all internal and external stakeholders.
  10. Assist in performing peer review and audits.
  11. Perform ad hoc projects and other related duties as assigned.
What You Will Need
  1. Diploma, Bachelor's Degree, Business Degree, relevant Insurance qualifications or equivalent.
  2. Demonstrated underwriting ability and technical competence as evidenced by a minimum of 5 - 8 years' underwriting experience or equivalent industry experience.
  3. Strong network of Singapore producers.
  4. Experience and knowledge across Casualty Lines products.
  5. Analytical skills and ability to evaluate and judge underwriting risks within designated authority.
  6. Effective communication & interpersonal skills to work effectively with both internal and external stakeholders.
  7. Team player.
  8. To be self-motivating with a drive for self-improvement and progression.
Everest Values

You will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

  • Generous tuition/continuing education reimbursement.
  • Mentoring opportunities.
  • Flexible work arrangements.
  • Talent development initiatives.
  • Networking groups.

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click to learn more about our culture.

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