Senior Executive

Description:

• Responsible to develop Property & Casualty and Motor (Broker) business.
• To manage, develop and growth a designated panel of intermediaries by assisting to retain existing business and generate new business opportunities with intermediaries.
• Underwrite and accept risks within the Underwriting guidelines and acceptance limit.
• Ensure that both target & underwriting growth are met as set out by Head of Section and /or Head of Department

Key Responsibilities include:

• To provide quotations and negotiate terms with intermediaries to ensure the hit ratio is within satisfactory level.
• Underwrite and accept risks within delegated authority as specified in Underwriting Guidelines, Treaty and Acceptance Limits to achieve effective implementation of business.
• To place facultative reinsurance outwards for risks exceeding Treaty capacity, and/or for the purpose of minimizing and spreading risk exposure
• To secure Special Acceptance approval from Treaty for potential accounts beyond Income's retention or Treaty's parameter
• To assist Motor underwriters in business development for Brokers' channel.
• To constantly identify intermediaries with potential / business opportunities and build stronger rapport.
• To adhere to company rules & regulations, compliance and corporate governance to ensure no breach in daily business activities
• Carry out market research by soliciting intermediaries' feedback, analyse competitors' packages and quotations, in consultation with Head of Section.
• To provide technical advice and trainings to intermediaries
• To assist and work as a team with the Servicing team in securing the renewal accounts as & when required.
• To assist to recruit and set up new broker account as and when required
• Submission of instructions including follow-up of documents with Business Processing to ensure that service standard is met
• Stand-in for administration works if required
• Assist to backup colleagues if they are not available such as leaves & etc
• Guide intermediaries on the online Bix system including resolving issues, if any.
• Undertake other duties or projects assigned by Head of Section &/or Head of Department

Qualifications:

• Good team player and able to interact with both internal and external parties
• Able to work under pressure and to make decision by offering solutions
• Able to self-motivation to achieve high target set
• Reliable and trustworthy person who can deliver when is expected and work within deadlines
• Maintain good relationship with colleagues from other sections &/or department to ensure smooth workflow
• Strong connection and/or close rapport with intermediaries
• Adequate in underwriting and products technical knowledge
• Adapts well with constant changes/focus in the company
• Familiar with MS Office (Excel, PowerPoint, Word)