Underwriting Assistant

2 weeks ago

Singapore Allianz Insurance Full time $40,000 - $60,000 per year

Employing Entity: Allianz Insurance Singapore

Within a span of just five years, Allianz Insurance Singapore (AIS) has emerged as the fastest-growing General Insurance company, achieving an unprecedented level of success. Since its inception in Singapore, AIS has consistently doubled its revenue year on year, a testament to its unwavering dedication to excellence. AIS takes great pride in being certified as a Great Place to Work, a reflection of our commitment to fostering a thriving and employee-driven business culture.

Job Description:

As an Underwriting Assistant, you will be part of the Customer Distribution Care Team, providing processing and underwriting support to the MidCorp team. You will work closely with Underwriters and the wider Service team, including offshore teams, to ensure service activities are completed within the specified delivery timeframes. You will also act as an account representative, responding to service matters and coordinating with the appropriate business partners for resolution

Responsibilities

  • Provide support to Underwriters in the areas of underwriting operations, procedures, and policies.
  • Complete associated business processes such as document management, core system tests, regulatory compliance checks, and others.
  • Prepare weekly, monthly, and ad hoc reports.
  • Build and maintain strong relationships with internal and external stakeholders, collaborating to ensure timely processing and operational efficiency.
  • Ensure accurate and prompt issuance of policy documents, including policy schedules, policy wording, endorsements, invoices, and certificates of insurance, in collaboration with the Policy Management Team.
  • Liaise with, provide support to, and conduct regular quality checks on tasks assigned to and completed by the Policy Management Team and offshore teams, including pre-renewal reports, regulatory compliance checks, and other associated activities.
  • Support knowledge transfer and contribute to the upskilling and training of offshore or onshore teams.
  • Establish processes to effectively monitor work in progress and set priorities to complete tasks within turnaround times.
  • Complete documentation following the placement of Facultative Reinsurance, where applicable.
  • Assist in reconciling premium with the respective business partners

Requirements

  • Prior experience working in an insurance or reinsurance company preferred.
  • Knowledge of commercial lines of insurance business preferred.
  • Experience in underwriting support functions, data entry, and policy administration.
  • Proficient in Microsoft Office, especially Excel.
  •  Has a Certification in General Insurance (BCP, PGI, and ComGI) from Singapore College of Insurance.
  • Effective communication skills.
  • Good customer service skills.
  • Ability to develop and maintain effective working relationships both internally and externally.
  • Ability to navigate ambiguity and complete work with minimal supervision.
  • Proactive with a "can-do" attitude.
  • Willingness to learn
  • Any AI-future skills e.g., ChatGPT, or CoPilot 365, will be an advantage to all job roles

78622 | Underwriting | Professional | Non-Executive | Allianz Singapore | Full-Time | Permanent

  • Underwriting Assistant

    2 days ago

    Singapore XL Catlin Full time

    **Flexible Work Eligible**: None **DISCOVER your opportunity** **Underwriting Assistant** Singapore - Hybrid working mode The Underwriting Assistant will be a team player within the Middle Office team and will perform tasks that support the Underwriting team. As owner and principal facilitator of assigned accounts, the Underwriting Assistant will perform...

  • Assistant Underwriter

    1 week ago

    Singapore HDI GLOBAL SE SINGAPORE Full time

    As part of the Talanx Group, HDI Global SE, Singapore has been one of the leading insurers offering a broad and needs-based range of insurance solutions and accompanying services for decades. HDI operates through foreign branches, subsidiaries and affiliates as well as network partners in more than 150 countries.We offer our employees all of the advantages...

  • Underwriting Assistant

    2 days ago

    Singapore Zurich Insurance Full time

    Job Summary- As an Underwriting Assistant, you will be required to provide processing and underwriting support to the line of business (LoB). You will get the opportunity to work closely with Underwriters and wider Service team, including offshore teams, to ensure service activities are achieved within service delivery timeframes specified. You will also act...

  • Underwriting Assistant

    3 days ago

    Singapore Everest Re Group, Ltd. Full time

    Title: Underwriting Assistant Company: Everest Intl Re, Ltd Singapore Job Category: Underwriting Operations Job Description: About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress...

  • Underwriting Assistant

    2 days ago

    Singapore AXA Full time

    **Underwriting Assistant** Singapore The Underwriting Assistant will be a team player within the Middle Office team and will perform tasks that support the Underwriting team. As owner and principal facilitator of assigned accounts, the Underwriting Assistant will perform front-to-end activities throughout the life-cycle of renewal and prospect accounts...

  • Assistant Underwriter, Treaty

    3 days ago

    Singapore XL Catlin Full time

    **Flexible Work Eligible**: None **DISCOVER your opportunity** **Assistant Underwriter, Treaty** Singapore Support the Underwriters in the region in all tasks related to the underwriting and administration support. Work closely with our Underwriters supporting them in their activities associated with renewals, servicing of accounts and updating models...

  • Underwriting Assistant

    15 hours ago

    Singapore AZGROUPPROD Full time $40,000 - $80,000 per year

    Employing Entity: Allianz Insurance SingaporeWithin a span of just five years, Allianz Insurance Singapore (AIS) has emerged as the fastest-growing General Insurance company, achieving an unprecedented level of success. Since its inception in Singapore, AIS has consistently doubled its revenue year on year, a testament to its unwavering dedication to...

  • Business Development Manager

    3 days ago

    Singapore Underwriting Solutions Full time

    Company Description We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable. **Job Description**: **Business**: Verisk Life, Health & Travel (LHT), a Verisk Analytics company, has more...

  • Assistant Underwriter, Energy

    2 days ago

    Singapore SOMPO INSURANCE SINGAPORE PTE. LTD. Full time

    **Assistant Underwriter, Energy **Responsibilities include**: - Handles clearance of new submissions and file set-up of new policies - Maintain service standards by timely response to broker requests - Provide backup to other UA’s as necessary - Rate various lines of business following set workflows and guidelines - Maintain file integrity by ensuring all...

  • Assistant Vice President

    6 days ago

    Singapore GREAT EASTERN Full time

    Join to apply for the Assistant Vice President - Underwriting role at GREAT EASTERN 1 week ago Be among the first 25 applicants Join to apply for the Assistant Vice President - Underwriting role at GREAT EASTERN Get AI-powered advice on this job and more exclusive features. About The Job Lead and guide a team of Customer Service & Post Claims Underwriters...