Casualty Underwriter - Geylang

Responsibilities include, but are not limited to the following:

• Adhere to both business and underwriting plans and strategies to support the business growth through the various distribution channels.
• Working with the Head, own team and the other Team Leaders to drive the profitable growth of Casualty portfolio for the company and achieving market leadership.
• Working with the Head to establish best practices and processes to ensure that the team meets the company’s service standards set.
• Provide technical guidance to the team.

• Assist the Head in enhanced product development and successful business penetration launch.
• Assist the Head in growing new and existing business through strengthened account relationships by way of a multi-tier approach.
• Assist the Head in driving efforts in key business and line reviews including product selection, pricing, new product introductions, competitive (healthy) conversions via Key Decision Influencer, etc.
• Assist the Head in performing territory and distribution channel analyses and planning in order to prioritize allocation of efforts to maximize profitable growth.

Underwriting

• Develop, maintain, review and enhance appropriate Pricing Model and establish Market Price.
• Underwrite and maintain a profitable book of Casualty business.
• Ensure Technical Portfolio Management and conduct remediation for underperforming portfolios.
• Assist the Head to compile, analyze and prepare monthly reports required and present during monthly meetings and business reviews.
• Assist the Head to develop, maintain, review and enhance Underwriting Manual and Policy Wording.
• Assist the Head to ensure that the team determines an acceptable pricing and terms, within their underwriting authority and underwriting guidelines, on new business and renewals.
• Ensure acceptable loss ratio through coordinating account stewardship process, loss control activities, tracking and following up on large claims and related activity as required.
• Ensure evaluation of facultative reinsurance needs and coordination as necessary within company underwriting and risk control guidelines.
• Ensure that sanction checks are conducted.
• Ensure timely and proper passing down of instructions to Policy Administration with the required information / documentation.
• Stay current on competition, underwriting environment, and market conditions and to share findings and updates with all members of the team as appropriate.

• Develop, maintain and deepen relationships with intermediaries in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
• Maintain service standards by timely response to intermediaries’ requests and timely receipt of collateral and agreements in addition to meeting deadlines on submissions of quotations, certificates and/or policies.
• Adopt practices to ensure rigorous screening via our KYC process.