Underwriter

2 weeks ago

Singapore Standard Club Full time

**Position details**:
**ID**: 1229311

**Subcompany**: Standard Club Management (Asia) Pte. Limited

**Office**: Singapore

**Department**: Standard Asia - Singapore

**Recruiting category**: NorthStandard Employee

**Employment type**: Permanent

**Seniority**: Experienced

**Schedule**: Full Time

**Required years of experience**: 5 to 7 years

What you will be doing

We have an opportunity in our Singapore office for an Underwriter to join the club’s Coastal and Inland class (focused on small craft and previously known as London Class). This class an generates annual premium income of approximately $24m, predominantly within Europe. The class expanded into Asia in 2021 using Singapore as a base to grow operations in Asia. The Asia class now has 55 members and we need to expand the team to service this business as well as generating new business.

Working under the direction of the Head of Underwriting, Asia Pacific, based in Singapore you will work alongside the existing Underwriter, Coastal & Inland and be jointly responsible for developing new business and maintaining the club’s existing Coastal & Inland business in Asia.

**Your main duties will include**:

- Responsible for the underwriting and renewal of Coastal & Inland accounts within Asia under the overall direction of the Head of Underwriting, Asia Pacific and in conjunction with the existing Underwriter, Coastal & Inland.
- Report on all matters to the Head of Underwriting, Asia Pacific and in addition will report to Head of Underwriting, Coastal & Inland, on professional underwriting matters.
- Develop and identify new business opportunities in Asia in accordance with the Coastal & Inland business plan and risk appetite.
- Travel as required across Asia to achieve business development targets.
- Develop and foster relationships with producing brokers throughout the region.
- Responsible for ensuring the prompt and accurate production and processing of entry documentation and debiting by the underwriting team.
- To be jointly responsible along with the existing Underwriter, Coastal & Inland, for the Asian Coastal & Inland budget and reports
- Jointly responsible for organising the circulation to the Head of Underwriting, Asia Pacific of quotations.
- Jointly responsible for supporting the placement of reinsurance for members in the Coastal & Inland class through collaboration with the reinsurance department.
- Jointly responsible for the analysis and monitoring of underwriting trends and record deterioration.
- Report on all vessels attaching on a weekly basis to the Head of Underwriting, Asia Pacific.
- Liaise and communicate with the loss prevention team.

Your profile

**Ideally, you’ll have**:
Essential Skills/Qualifications/Experience
- A solid grounding in marine insurance, 7 years minimum, and ideally P&I underwriting experience in the small craft sector.
- Independent worker
- Strong organisational skills
- Good communication and English language skills
- Ability to build develop good internal and external relationships and to build new business.

Preferred Skills/Qualifications/Experience

A broker may also be suitable, should they have the required local market knowledge and ability to learn fast

What we can offer you
- The opportunity to enhance your experience and to help the Underwriting department achieve our ambitious goals
- A competitive salary and benefits package
- The opportunity to learn new skills and develop your career
- An open and collaborative office environment
- A best-in-class approach to hybrid and flexible working

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