Geylang - Class Underwriter - Non Marine Treaty

Job summary

To underwriter, manage and produce non-marine treaty risks for Chaucer Singapore to formulate strategy, produce Business Plan and to contribute to the success of the Singapore Treaty Team.

• Primary Underwriting Responsibilities: Property Excess of Loss and Proportional Treaty.
• Secondary Underwriting Responsibilities: Non-property risks written within the Singapore non-marine treaty team.
• Agreement and negotiation of renewals and new business in accordance with underwriting authority

• Underwrite in accordance with the Business Plan.
• Work with manager to produce periodic business plans for review and agreement by CEO/Underwriter of Chaucer Singapore and Divisional Heads.
• Build on existing and develop new long term client relationships including where appropriate foreign travel.
• Work as part of the treaty team to establish Asia Pacific Chaucer Treaty products and grow Chaucer’s regional brand.
• Continuous Assessment of Rating Models.
• Monitor statistics, aggregates, pml’s, claims and report accordingly.
• Ensure compliance with and maintenance of Syndicate Systems.
• To assist in aspects of maintaining and operating the Binding Authority of Chaucer Singapore
• Agreement of endorsements / amendments / promised lines in accordance with underwriting authority
• Acceptance of individual declarations to specified line-slips
• Preparation, creating and maintaining monthly bordereau.
• Compliance with Lloyd’s, Chaucer’s and MAS regulations and Bylaws.

Our requirements

Relevant experience

Essential

5 years of class or Lloyd’s experience

Technical skills

Essential

Ms Office - Windows Office 2000 and / or XP

Microsoft Word – Advanced

Microsoft Excel – Advanced

Understanding of aggregate monitoring models (RMS) or similar

Education & Experience

Essential

5 ‘O’ Level English and Maths grade ‘C’ or above (or equivalent)

3 ‘A’ Level passes (or equivalent)

Lloyd’s Introductory Test

ACII or equivalent qualifications as agreed

Desirable

Degree Level qualification

• Well-presented and business-like.
• Foreign Language Proficiency (Mandarin essential, others (Bahasa, Korean, etc) preferred.
• Professional outlook.
• Self starter, requiring minimum supervision, with the ability to solve problems and find solutions.
• Able to deliver results under tight deadlines, showing flexibility when required.
• Emphasis on quality of the outputs produced.
• Excellent interpersonal skills.
• Excellent organisational skills.
• Excellent communication skills with the ability to liaise at all levels.
• Work as part of a team.
• Flexible at all times with “can do” attitude and willing to take more responsibilities.
• Adapt to a pressured environment.
• Self-motivated.
• Capable of working to a timetable.
• Anticipate and prioritise workloads, meet deadlines.

Other responsibilities

Other ad hoc duties / tasks when required