Underwriter / Senior Underwriter

17 hours ago


Singapore Allied World Assurance Company Full time

**Underwriter / Senior Underwriter, Asia Pacific Marine Division** **-** **(**2400005V**)**

**Description**

**Take the next step in your career with us.**

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

**Job Summary**:
Responsible for underwriting the book of Marine business employing the methods necessary to meet projected profitability, GWP, and expense goals including the job duties as listed below.

**Job Duties**:

- Produce consistent gross and net underwriting profit
- Execute approved business plan to establish and develop balanced and diverse book of business in accordance with underwriting guidelines
- Communicate clearly with direct managers regarding travelling / marketing and target plans
- Review and analyse underwriting submissions, slips and contracts
- Set appropriate terms and conditions following the Company’s business strategy to quote selected risks
- Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures
- Maintain underwriting files in an orderly manner and in accordance with the underwriting guidelines, including maintenance of all reporting systems for submissions and bound accounts, rate change modelling, bound account listing, submission log and reports as may be developed
- Conduct pre-quote and mid-term underwriting audits as needed
- Expand existing portfolio of business by developing existing relationships and new prospective clients
- Interact with existing and prospective clients, brokers, re-insurers and other business partners in support of the business
- Liaise with Actuaries and Claims, Accounting, IT and Legal & Compliance departments as appropriate
- Other duties as may be assigned.

**Qualifications**

**Essential Requirements**:

- Minimum of 3-5 years’ experience in marine underwriting in the Asia Pacific region
- Experience in operating across multiple geographies
- Strong knowledge of underwriting philosophy and basic fundamentals, techniques, and underwriting guidelines espoused by the company and in written form
- Ability to develop ideas, methods, procedures, products, determine cause and develop effective solutions
- Ability to effectively assess risks
- Ability to plan, prioritize, and organize work; effectively resolve conflict among priorities
- Ability to develop solutions to problems, evaluate courses of action and reach logical conclusions
- Ability to provide guidance, assistance, and training to lower level associates
- Strong marketing, negotiation and presentation skills
- Interpersonal skills and the ability to work within a team
- Strong relationship management skills
- Ability and willingness to travel as required
- Strong ability in using Microsoft Word, Excel and PowerPoint

**Working at Allied World**

Our team of over 1,500 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

- **Instant membership in the Allied World Family — a global network of colleagues who will support your career journey**
- **A manager who will help you build your career through a structured coaching program**
- **Access to a full suite of learning and development tools and resources**

**Global Presence**

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

**Our Business**

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

**Primary Location**: Singapore

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