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Graduate Underwriting Analyst
3 weeks ago
Role: Graduate Underwriting Analyst
- Location: Singapore
- Position type: Full time, permanent
- We are looking to invest in talented and motivated graduates for a career in underwriting within the Reinsurance and Lloyd’s sector of the industry, based at our Singapore office.
- The purpose of the role will be to learn and train as an underwriter, whilst assisting the more senior members of the Underwriting team with the administration and analytics of the portfolio during key underwriting periods throughout the calendar year. Key to this role is regular engagement with relevant functional areas of the Singapore platform including Modelling, Actuarial, Finance (Credit Control and Technical Accounting), Claims and Management.
- About The Job
- While there is rarely a typical day, here’s a snapshot of some of the key parts of the job within reinsurance as an example:
- Reinsurance Underwriting Function- Prepare and maintain rating templates in line with agreed process and standard by analysing information packs received from clients and inputting relevant data for the Underwriter to review and price-
- Ensure that all underwriting documentation is updated to the underwriting workflow system and indexed accurately and in a timely manner at the point of policy inception and during the term of the reinsurance contract as updates are received-
- Manage all post renewal activities relating to validating the accuracy of risk records created for written accounts, producing summary overviews of performance at account level,-
- Support London Underwriting Management in the administration of quarterly review exercises that test data adequacy and investigate whether premium has been paid in line with reinsurance terms, including reporting on the outcome of the same-
- Undertake ad hoc research and analysis activities including to monitor market conditions and help to identify new business opportunities-
- In every engagement with business partners gain and build trust - deliver a good experience that support the Reinsurance Underwriting team in their delivery of exceptional service-
- Assist Reinsurance Underwriters to generate and analyse reports relating to income, referral and declinature rates, performance and overall portfolio management-
- Annually review and update all policy and procedure documentation of the Administrative function of Reinsurance Underwriting, including User Guide(s) and other relevant materials, in consultation with Operations Function-
- Work with other functions such as claims, operations, risk, technical accounting, finance to support work on claim losses, premium receipt and allocation- You’re going to enjoy this job if you are:
- Intermediate, preferably advanced skills in MS Office in particular Excel-
- High attention to detail-
- Excellent time management and prioritisation-
- Ability to manage several tasks with different due dates at any one time-
- Effective communicator - exceptional listening, spoken and written skills - able to take detailed notes, playback task requirements and meet and manage deadlines-
- Able to develop strong professional relationships with business partners and clients, you will be supported and encouraged to network at an early stage-
- Client focused - keen to deliver value to partners and clients in any interaction-
- Diligent and able to ensure Reinsurance function’s compliance with procedures - local, global, and regulatory- What you’ll need:
- For this particular role there are some important qualifications and experience we need you to have. These include:
- Basic understanding of insurance and reinsurance terminology-
- Demonstrable ability to take initiative and be proactive - able to own and execute on all assigned tasks-
- Team player and collaborative- What you can expect from us:
- A competitive salary and benefits package is a given, but you can also expect:
- A great team and supportive colleagues-
- Hybrid Working environment-
- Flexible Working-
- A strong focus on diversity, inclusion and equal opportunities-
- A programme of wellbeing and mental health support-
- Employer-supported volunteering (ESV)-
- Continuous learning and study support-
- Structured career development-
- An open mind (especially to new ideas and ways of doing things)- About MS Amlin
- MS Amlin is part of a global top-10 insurance group MS&AD, with three main legal entities operating in the Lloyd’s (MS Amlin Underwriting Limited), UK & Continental European (MS Amlin Insurance SE) and Swiss and Bermudian (MS Reinsurance) markets. We have an enviable reputation for our customer knowledge, claims service and the specialist insurance and reinsurance expertise we apply. We provide the type of security leading organisations need to break new ground, innovate and offer life-changing services and amenities to some of the world’s most challenging regions. Through our parent company, our record extends back over 300 years and today we have more than approximatel