Underwriting Manager

2 weeks ago


Singapore MS FIRST CAPITAL INSURANCE LIMITED Full time

Manage ongoing broker relations and expectations in relation to underwriting, co-ordinating and ensuring the flow of relevant and timely information and communication between internal functions and external parties
- Contribute to managing and developing an agreed portfolio of accounts. Negotiate with brokers/ customers to achieve favourable terms for the Company.
- Underwrite allocated cases in line with the agreed processes with the necessary senior direction and support. Underwrite risks in accordance with the Company’s capacity and risk appetite
- Review relevant classes of proposals (case by case) and making balanced and well-reasoned recommendation for acceptance of each case above one's authority.
- Provide error-free documentation to brokers/ customers.
- Ensure transactions are processed within the agreed timeframe. Supervise and guide the allocated processing team to ensure timely and accurate recording of transactions.
- Ensure that the controls identified in Internal Control over Financial Reporting (ICOFR) are applied consistently.
- Ensure compliance with all laws, regulations, and guidelines, including internal policies, rules and procedures.
- Develop own skills/knowledge in the functional area with the aim of enhancing the quality of work and achievement of KPIs.

**Reqirements**
- Knowledge/ understanding of the risks underwritten in corporate/commercial segment.
- Knowledge of the underwriting process.
- Experience of conducting risk surveys.
- Ability to understand/ interpret policy conditions, clauses and warranties.
- Ability to manage customer/ broker expectations.
- Ability to identify, analyse and interpret data, statistics and information to inform good decision-making.



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