
Underwriting Intern
1 week ago
Company
Canopius
Designation
Underwriting Intern
Date Listed
25 Feb 2025
Job Type
Entry Level / Junior Executive
- Intern/TS
Job Period
From May 2025, For At Least 3 Months
Profession
Professional Services
Industry
Insurance
Location Name
138 Market St, Singapore 048946
Address
138 Market St, Singapore
Map
Allowance / Remuneration
$1,000 - 1,200 monthly
Company Profile
**Regional headquarter office for the Asia Pacific region**
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
**Job Description**:
This is a great and exciting opportunity for you to experience (re)insurance underwriting with a global specialty and Property & Casualty (re)insurer. You will gain exposure in both Treaty and Direct & Facultative product lines through a rotation, in preparation of account reviews for new and renewal business and deliver on service standards and timelines as required by the Underwriting team. Daily tasks will involve underwriting and business administration.
We are looking for a few interns to join us and the overall objective is for you to gain:
- Understanding and knowledge of (re)insurance
- Basic understanding and knowledge of commercial underwriting, including:
- Risk Selection
- Policy Coverage
- Pricing
- Underwriting Guidelines
- Knowledge of the importance of data quality, compliance, and adherence to underwriting guidelines
- Understanding and knowledge of clients’ and brokers’ needs, and opportunities and challenges with respect to providing insurance solutions
Ideally you should have an educational background in finance, actuarial or engineering, and possess an interest in the insurance industry. The followings should also position the intern well:
- Strong interpersonal skills, good teamwork and collaboration skills
- Taking ownership of responsibilities
- Positive attitude with a passion to learn
- General IT skills
- Proficient in Microsoft Office (including but specifically Excel)
- Knowledge or prior experience in a (re)insurance related company is advantageous
Application Instructions
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