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Deputy Class Underwriter

2 weeks ago

Singapore CHAUCER SINGAPORE PTE. LIMITED Full time

**Job summary
To underwrite, manage and produce marine treaty risks for Chaucer Singapore, to formulate strategy, support the achievement of the business plan and to contribute to the overall success of the Singapore Treaty Team.

Main Duties
- Primary Underwriting Responsibilities: pricing and negotiation of Marine Excess of Loss and Proportional Treaty risks under London team supervision.
- Secondary Underwriting Responsibilities: Cargo, Hull and Specie risks under London team supervision.
- Agreement and negotiation of renewals and new business in accordance with underwriting authority and where appropriate, individual budgeted goals within the agreed business plans for marine risks.
- Underwrite in accordance with the Business Plan.
- Work with London to produce periodic business numbers for review and agreement by CEO/Underwriter of Chaucer Singapore and Divisional Heads.
- Build on existing and develop new long term client relationships including where appropriate foreign travel.
- Work as part of the treaty team to establish Asia Pacific Chaucer Treaty products and grow Chaucer’s regional brand.
- Continuous Assessment of Rating Models.
- Monitor statistics, aggregates, pml’s, claims and report accordingly.
- Ensure compliance with and maintenance of Syndicate Systems.
- To assist in aspects of maintaining and operating the Binding Authority of Chaucer Singapore
- Agreement of endorsements / amendments / promised lines in accordance with underwriting authority
- Acceptance of individual declarations to specified line-slips
- Preparation, creating and maintaining monthly bordereau.
- Compliance with Lloyd’s, Chaucer’s and MAS regulations and Bylaws.

**Our requirements
Relevant experience:
5 to 8 years of relevant industry experience

Technical skills

Microsoft Word - Advanced

Microsoft Excel - Advanced

Microsoft Outlook - Intermediary

Understanding of industry models (i.e. RMS or similar)

Education

5 ‘O’ Level English and Maths grade ‘C’ or above (or equivalent)

3 ‘A’ Level passes (or equivalent)

Lloyd’s Introductory Test

ACII or equivalent qualifications as agreed

Desirable

Degree Level qualification

**Personal skills
- Presents themselves professionally.
- Self-motivated, requiring minimum supervision, with the ability to solve problems and find solutions.
- Anticipate and prioritise workloads. Manage deadlines appropriately.
- Able to deliver results, adapting to pressure situations and show flexibility when required.
- Excellent communication skills with the ability to liaise at all levels.
- Emphasis on quality of the outputs produced.
- Excellent interpersonal skills.
- Excellent organisational skills.
- Works well as part of a team.
- Flexible at all times with “can do” attitude and willing to take more responsibilities.