Facultative Underwriting Executive - Toa Payoh

apartmentIndia International Insurance Pte Ltd placeToa Payoh scheduleFull-time calendar_month 

Overview

As a Facultative Underwriter at III, you will have the opportunity to gain valuable experience in the dynamic field of Insurance & Reinsurance underwriting at a global scale in the industry. Reporting to the Underwriting Assistant Vice President, you will be an integral part of our team, assisting in various tasks and projects aimed at ensuring Prudent underwriting.

The jobholder will be part of a high-performing, friendly and supportive team where teamwork and attention to detail deliver winning results and future advancement opportunities.

Job Summary
  1. Corresponds with brokers and cedants with the aim of developing effective relationships within the reinsurance market to promote the company.
  2. Analyses and accepts business within the capacity of the company.
  3. Provide risk quotes and terms of reinsurance, under the supervision of the Underwriting Manager.
  4. Facilitates the processing of slips and business transactions on the system.
  5. Grows the business’ written premium production and meets monthly annual targets as set by management.
  6. Ensures all business is registered and appropriate documentation is in place.
  7. Prudently underwrite all business presented to the company.
  8. Basic weekly/monthly reports production and review as required.
  9. Corresponds with brokers and cedants with the aim of developing effective relationships within the reinsurance market to promote the company.
  10. Offers support to the Underwriting Assistant Vice President for the overall production and growth of the III.
  11. Provides operational support to the department and other departments.
  12. Assists in meeting timelines for regularly required reports or system outputs for review.
  13. Performs all other duties that may be allocated to him/her.
Skill Sets & Personal Competencies
  1. The ability to make sound decisions.
  2. Strong analytical skills.
  3. Detail-oriented work style.
  4. Strong computer skills.
  5. Reinsurance/insurance business knowledge.
  6. Effective written and verbal communication skills.
  7. Numerical skills.
  8. Interpersonal skills.

What’s in it for you:

  • An opportunity to gain hands-on experience in Insurance & Reinsurance Underwriting on a global.
  • A highly inclusive work environment that values and rewards talent, excellence, and integrity of each employee.
  • Management hierarchy and team-based environment that promotes collaboration and free-flowing communication.
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