Senior Executive, Property and Casualty

22 hours ago

Singapore Income Insurance Limited Full time

Overview Description: Responsible to develop Property & Casualty and Motor (Broker) business. To manage, develop and growth a designated panel of intermediaries by assisting to retain existing business and generate new business opportunities with intermediaries. Underwrite and accept risks within the Underwriting guidelines and acceptance limit. Ensure that both target & underwriting growth are met as set out by Head of Section and /or Head of Department Responsibilities To provide quotations and negotiate terms with intermediaries to ensure the hit ratio is within satisfactory level. Underwrite and accept risks within delegated authority as specified in Underwriting Guidelines, Treaty and Acceptance Limits to achieve effective implementation of business. To place facultative reinsurance outwards for risks exceeding Treaty capacity, and/or for the purpose of minimizing and spreading risk exposure To secure Special Acceptance approval from Treaty for potential accounts beyond Income’s retention or Treaty’s parameter To assist Motor underwriters in business development for Brokers’ channel. To constantly identify intermediaries with potential / business opportunities and build stronger rapport. To adhere to company rules & regulations, compliance and corporate governance to ensure no breach in daily business activities Carry out market research by soliciting intermediaries' feedback, analyse competitors' packages and quotations, in consultation with Head of Section. To provide technical advice and trainings to intermediaries To assist and work as a team with the Servicing team in securing the renewal accounts as & when required. To assist to recruit and set up new broker

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