Senior Underwriter

**Employing Entity: Allianz Insurance Singapore**

The role is responsible for managing MidCorp Multiline portfolio and enabling the sales development for commercial lines in all distribution channels, including the implementation and execution of the underwriting strategy for P&C LoBs and multinational programs in Singapore, driving sustainable growth and profitability for the company.

**Responsibilities**:

- Manage and execute Underwriting activities in an efficient and effective manner including: risk submission; completeness of data; analysis and assessment of the risk; coverage structure and design; rating and pricing; negotiation and binding.
- Work with the team to develop multinational programs.
- Leverage and enhance the Multinational Program offering to achieve profit and growth objectives.
- Facilitate LAP placements (both renewals and new businesses) with other local offices within Allianz Group.
- Ensure all policy wordings reflect the intended underwriting intentions and are in compliance with all necessary Group and local risk appetite.
- Originate commercial lines revenues from Brokers, GI agents and IFA
- Accountable for the top and bottom line of Brokers, Agents and IFA commercial lines segment, analysing product portfolio for opportunities and provide recommendations by product and channel
- Perform comprehensive product performance monitoring/controlling along key KPIs. Prepare reports/analysis on portfolio development to support portfolio management decisions. Prepare ad-hoc analysis based on needs of portfolio managers and other stakeholders.
- Establish robust portfolio monitoring KPIs to enable holistic analysis of portfolio performance
- Analyse and monitor underwriting performance of individual products and distribution channels in the portfolio.
- Drive and follow through necessary corrective action items to improve quality of portfolio and product profitability
- Establish the key strategy of core portfolios, across product optimisation & proposition, channel collaboration & expansion, and internal underwriting & claims efficiency
- Provide insights on local market trends and developments
- Provide underwriting trainings to both distribution management and intermediaries

**Requirements**:

- 5+ years of experience in the P&C industry with brokers, agency and FA business
- 2+ years of experience in the Liability Multinational programs preferred
- Local technical underwriting knowledge on commercial P&C market in Singapore required
- Strong business development capabilities
- Thorough technical understanding of clauses, policy wordings, underwriting philosophies and pricing mechanisms.

74155 | Underwriting | Professional | Non-Executive | Allianz Singapore | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

Great to have you on board. Let's care for tomorrow.

**Job Level**:

- Professional

**Location**:

- Singapore, SG, 068897

**Area of Expertise**:

- Underwriting

**Unit**:

- Allianz Singapore

**Employing Entity**:

- Allianz Insurance Singapore Pte. Ltd

**Job Type**:

- Full-Time

**Remote Job**:

- Hybrid working

**Employment Type**:

- Permanent

**ID**:

- 74155

**Position Cluster**:

- Non-Executive