Underwriting Executive

1 week ago


Singapore Liberty Insurance Pte Ltd Full time

Liberty Mutual’s purpose is to help people embrace today and confidently pursue tomorrow. The promise we make to our customers throughout the world is to provide protection for the unexpected, delivered with care.

In business since 1912, and headquartered in Boston, Mass., today we are the third largest global property and casualty insurer based on 2018 direct written premium. We also rank 68th on the Fortune 100 list of largest corporations in the U.S. based on 2018 revenue. As of December 31, 2018, we had $41.6 billion in annual consolidated revenue.

We employ nearly 50,000 people in 30 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

Due to business growth, an exciting opportunity has arisen for an** Underwriting Executive (06 months) **in our Product-Motor Department.

**Job Description**:

- Assess and underwrite Motor retail and scheme business profitably within delegated underwriting authority
- Review existing accounts periodically; monitor and analyze producers’ performance to ensure business growth and profitability.
- Ensure required reports and submissions are done within timelines
- Compile essential management information or business intelligence to support trend analysis and planning exercise
- Assist with Competitors Analysis and market research
- Develop & maintain strong relationships with agents, brokers, partners and clients
- Work closely with Claims, Finance, Customer Service departments to facilitate optimal support to producers
- Ensure compliance with the company’s requirements and all other relevant statutory regulations and guidelines
- Ensure accuracy in the wording of insurance documentation (eg policy jackets and clauses).
- Other tasks as assigned by Manager

Job Requirements:

- Bachelor's Degree / Diploma in Business (Analytics)/Economics/Actuarial Science or equivalent
- Possess Certificate in General Insurance (CGI) or equivalent
- Min 3 years of working experience in the motor insurance/bancassurance industry as an Underwriter
- Underwriting technical knowledge in Motor insurance, in particular private motor
- Strong numerical and analytical skills to identify trends and propose solutions
- Working knowledge in Power BI/dashboarding tools will be highly advantageous
- Effective interpersonal and communication skills (written and spoken)
- Highly meticulous, accountable and results oriented
- Ability to work in a fast paced environment making quick decisions while adhering to sound underwriting discipline
- Fresh graduates with a quantitative discipline (e.g. Business Analytics, Economics, Finance, Actuarial Science etc.) are welcome to apply

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