Construction Bonds Underwriter

7 days ago


Singapore 5 STONES HRM PTE. LTD. Full time

Develop and implement Property & Casualty (which includes Engineering, Construction, Bonds) business strategy, initiatives and plans; responsible for both the Topline and Bottomline of the P&C segments. This also includes product development, review of policy wordings and underwriting/Treaty guidelines, P&C platform development (if any) and management of distribution of P&C products and services across all distribution channels
- Liaise with BUs on referral accounts and prepare referrals to MA/HO/Treaty/CEO for approvals
- Ensure that reasonable TAT is achieved for the account to be replied to the BUs
- Ensure that prudent technical underwriting is conducted as well as balancing the business aspects of securing the accounts.
- Collaborate with Governance, Reinsurance, Actuarial and Claims teams to manage loss ratios
- Negotiate, underwrite, accept all accounts within RAA/RAG
- Develop and mentor other more junior underwriters / BUs and explain the decision taken for the accounts.
- Market engagements with the industry
- Ensure compliance with all laws, regulatory provisions and Group policies as are relevant to the role
- Undertake any other duties as may be assigned

**Qualifications**
- Tertiary qualification and professional insurance qualifications
- At least 6 years of experience in a senior / head level developing and underwriting Commercial insurance business and products
- Commercial Insurance business and underwriting, pricing, referrals, review of policy wordings and product enhancements
- Digitalization savviness
- Portfolio Management
- Knowledge of distribution channels structure and good interpersonal liaison with them
- Singapore P&C market



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