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Allianz Popular SL. | Underwriter
4 weeks ago
Underwriter (Property & Casualty) (m/f/d) at Allianz SE Reinsurance Singapore
Job Purpose/ Role
We currently have an opening for a Treaty Underwriter position in our Property & Casualty Division in the Singapore office. This position reports directly to the Head of Underwriting, Asia Pacific. The role has a strong focus on technical pricing and candidates with an actuarial background are welcome to apply.
Key Responsibilities
Underwrite profitable treaty reinsurance business in the Asia Pacific region for Property and Casualty business.
Develop market knowledge and analyse/evaluate market information.
Gather in-depth understanding of cedents through direct communication with cedants/brokers and by analysing the underlying portfolios and submission/reinsurance proposals.
Conduct technical pricing for treaties.
Analyse, assess or draft treaty wordings.
On the basis of a solid technical analysis, give underwriting recommendations to the Client Management team, and together with the Client Management team, execute treaty business.
Monitor treaty performance of cedents together with Client Managers.
Administer treaties including estimates and planning figures.
Key Requirements / Skills / Experience
At least a Bachelor’s Degree in a related field, e.g. Business Administration, Finance, Economics, Law, Mathematics/Actuarial etc.
At least 5 years’ experience in a reinsurance underwriting / actuarial role.
Experience in handling South Asian markets from a treaty underwriting perspective.
Independent, reliable and highly motivated team player that is willing to collaborate across teams; solution-oriented mind-set.
Analytical, detail-oriented and comfortable in working with data.
Excellent written and spoken communication skills.
Good cross-cultural skills and keen to work in an international team.
Readiness to travel within Asia and to Germany (Head Office).
Fluency in English is mandatory and proficiency in other Asian languages is advantageous.
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