Senior Underwriter

1 week ago


Singapore Allied World Assurance Company Full time

**Senior Underwriter, Asia Pacific Motor Division** **-** **(**2500000B**)**

**Description**

**Take the next step in your career with us**.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

**Job Summary**:
Responsible for underwriting a complex book of Motor business, employing the methods necessary to meet projected GWP, profitability, and expense goals, implementing proper underwriting disciplines/guidelines, marketing and servicing of existing and potential clients. Administer and monitor underwriting rules and guidelines, insurance laws and regulations, rating rules and models. Provide technical guidance, assistance and training to junior underwriters.

**Job Duties**:

- Leading the development of strategies for one or more allocated portfolios of risks, agreeing associated risk appetite, underwriting philosophies and pricing strategies, in order to achieve agreed business strategies and targets.
- Managing the performance of allocated portfolios through compliance controls, accumulation and performance monitoring, cycle management and portfolio forecasting to ensure agreed targets and standards are met.
- Ensuring the long-term development of allocated portfolios through the management of product development, based on portfolio performance, market intelligence, R&D insight, legal developments and emerging risks.
- Liaising with Reinsurers and/or internal Reinsurance teams to achieve the desired levels of cover on appropriate commercial terms and/or exploit appropriate reinsurer capacity, data and expertise to maximise portfolio growth.
- Contributing actively to the development of segment and local customer propositions, and associated sales planning and account development, bringing knowledge and insights of the market and its risks, proactively identifying opportunities to increase penetration of existing customers and/or expand the business mix.
- Reviewing the non-standard case referrals and delivering underwriting decisions, following agreed processes at the designated authority level, in order to secure profitable business within the agreed risk appetite.
- Providing expert advice, guidance and coaching to colleagues to address technical referrals, and raise standards and expertise across the technical underwriting community.
- Recruiting, managing, coaching, developing and motivating the team to ensure delivery of the required standards of performance now and in the future.
- Leading and/or contributing to technical audits and peer review processes as required to support and enable the maintenance of an effective control environment.
- Ensuring that internal systems and processes are in place and working effectively to support business needs.
- Taking on additional responsibilities as required.

**Qualifications**

**Skills and Experience**:

- 5-8 years of Motor Underwriting experience in Singapore.
- Wide range of knowledge regarding the various types of vehicles, associated risks and related insurance products.
- Attention to detail and excellent analytical skills.
- Ability to plan, prioritize, and organize work.
- Ability to develop solutions to problems, evaluate course of action and reach logical conclusions.
- Maintains a high level of professionalism, integrity and trust.
- Strong marketing, negotiation and presentation skills.
- Strong communication, interpersonal and stakeholder management skills.

**Working at Allied World**

Our team of over 1,500 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

- **Instant membership in the Allied World Family — a global network of colleagues who will support your career journey**
- **A manager who will help you build your career through a structured coaching program**
- **Access to a full suite of learning and development tools and resources**

**Global Presence**

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

**Our Business**

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from



  • Singapore Allied World Assurance Company Full time

    **Underwriter/Senior Underwriter, Asia Pacific General Casualty Division** **-** **(**25000008**)** **Description** **Underwriter/Senior Underwriter, Asia Pacific General Casualty Division** **Take the next step in your career with us**. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and...


  • Singapore Allied World Assurance Company Full time

    **Underwriter/Senior Underwriter, Asia Pacific Healthcare Division** **-** **(**2500001Z**)** **Description** **Underwriter/Senior Underwriter, Asia Pacific Healthcare Division** **Take the next step in your career with us**. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power...


  • Singapore Zurich Insurance Full time

    **Job Title: Underwriter/ Senior Underwriter, Engineering & Construction** **Location: Singapore** **The Opportunity**: As an Underwriter/ Senior Underwriter, you will play a critical role in assessing, evaluating, and underwriting commercial insurance risks. You will be responsible for developing, supporting, and implementing underwriting strategies,...

  • Senior Underwriter

    2 weeks ago


    Singapore ALLIED SEARCH PTE. Full time

    4 days ago Be among the first 25 applicants Opportunities for professional development Good overall company benefits Opportunities to travel As a Marine Underwriter - Facultative, you will be responsible for the following duties: Assess marine insurance submissions by evaluating risk exposure, coverage requirements, and appropriate pricing to ensure sound...


  • Singapore Chubb Full time

    Purpose of the Role The Casualty (Senior) Underwriter will conduct day to day underwriting works and related administrative tasks as part of the Singapore Casualty team, specifically in the Major Accounts Division (MAD), and focusing on Casualty products across all of Chubb's distribution channels. The Casualty (Senior) Underwriter is expected to apply...

  • Senior Underwriter

    2 weeks ago


    Singapore Hays Full time

    **Your new company** This prestigious Insurance Business based in Singapore requires a hands-on Senior Underwriter to join its dynamic business. **Your new role** As a specialist in Property and Engineering Underwriting, you will be responsible for driving the growth of the Property and Engineering portfolio for the company and achieving market leadership....


  • Singapore Income Insurance Limited Full time

    Join to apply for the Senior Underwriting Specialist role at Income Insurance Limited 2 days ago Be among the first 25 applicants Join to apply for the Senior Underwriting Specialist role at Income Insurance Limited Get AI-powered advice on this job and more exclusive features. Assess and underwrite profitable life and health business in line with your...


  • Central Singapore Emprego SG Full time

    **Location** - Singapore, Central Singapore**Job Type** - Permanent**Salary** - $5,200 - $7,600 Per Month**Date Posted** - 2 hours agoAdditional Details **Job ID** - 112922**Job Views** - 1Roles & Responsibilities **Job Summary**: This role primarily manages the Commercial Business Packages Scheme, and other commercial lines, which will involve developing...


  • Singapore Allied World Assurance Company Full time

    **Underwriter / Senior Underwriter, Asia Pacific Marine Division** **-** **(**2400005V**)** **Description** **Take the next step in your career with us.** Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and...


  • Singapore Combined Insurance Full time

    **Purpose of the Role** **Key Accountabilities & Responsibilities** The Casualty (Senior) Underwriter is responsible for underwriting insurance products, focusing on Public and Products Liability and Work Injury Compensation within MAD. This role involves maintaining profitable new and renewal accounts and supporting the achievement of budget plans for...