Assistant Underwriter, Power and Energy

7 days ago

Singapore HDI GLOBAL SE SINGAPORE Full time

As part of the Talanx Group, HDI Global SE, Singapore has been one of the leading insurers offering a broad and needs-based range of insurance solutions and accompanying services for decades. HDI operates through foreign branches, subsidiaries and affiliates as well as network partners in more than 150 countries.

We offer our employees all of the advantages of an international company by providing an exceptional, modern working environment that constantly challenges and rewards. We promote high levels of internal and external communication and concentrate on achieving our goals through teamwork. We offer you the opportunity to contribute your own ideas and actively become involved in shaping the future of our company.

Due to our company's continued growth and expansion, we are now hiring the following positions

**ASSISTANT UNDERWRITER, ENERGY AND POWER**

Job Summary:
Key Responsibilities:

- Manage workflow for receipt and tracking of all submissions in line with HDI triage procedure and response back to brokers / cedants accordingly within an allocated timeframe.
- Pre-underwriting analysis for new and renewal business. Collating, analyzing and presenting data for Underwriter review, including:

- Completion of rating template in line with agreed processes and standards following assessment of underwriting submission
Creation and management of MS Teams workflow for HRC evaluation
Nat Cat modelling files are inputted into in-house modelling software
Accurate appraisal of named insured, cedants and broker to ensure compliance with international Sanctions
- Regular and ad-hoc engagement with other key functions of the business inc. Claims, Natural Catastrophe Modelling, International Programmes, HRC (Risk Engineering), Finance (Credit Control) and Operations.
- Handling and developing current administrative functions including:

- Account and portfolio performance reporting
Maintaining accuracy of risk records and adherence to internal best-practice
Endorsement review and action where applicable
- Be an ambassador for HDI via client servicing and relationship management with new and existing distribution partners
- Support and work on projects with the Regional Head of Energy, as required.

**Requirements**:

- Degree or Diploma in any discipline
- Possess or are working towards an insurance qualification from ACII, AAII, ANZIIF or SCI
- 2 or more years of relevant experience in a reinsurance underwriting function within specialty lines and handling international inwards programs
- Displays an interest in the Energy and Power sector and a desire to develop their knowledge of the class of business
- Effective communication, interpersonal and time management skills
- Willingness to participate in the development of the HDI Singapore branch
- Singaporeans or PRs preferred

Remuneration:
Attractive remuneration will be offered based on experience and professional standing.

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