Job Responsibilities
- To perform underwriting function not limited to underwriting and administration of insurance and reinsurance business and processes.
- Taking ownership and proactively manage accounts.
- Ensure that risk is properly underwritten in accordance with the guidelines, rules and regulations.
- Supporting planning/preparation of forthcoming renewals, ensuring risk is within companyâs appetite and written at the adequate term.
- Ensure price level adequacy on case by case and at LoB level.
- Ensure the competitiveness of price offering
- Detect issues and drive resolution/re-underwriting actions.
- To support Line of Business head in driving UW activities towards reaching planned budget and achieving department objective.
- Attend to clientâs request related to LoB level.
- Work closely with UBS department ensuring efficient and top notch delivery of service in terms of policy / certificate issuance and minimization of policy issuance error.
- To monitor and keep track of monthly declaration submission from all distribution channels
- To attend promptly on request raised via e-marine system (e.g. e-merimen, e-cover note etc.).
- Identify gap on current system.
- To initiate proposals for system enhancement to improve work efficiency and reduce duplication of work.
- To attend to any other duties as may be assigned from time to time by Line of Business Head.
job Requirements
- Candidate must possess a recognized Degree in quantitative discipline such as Finance, Economics, Statistics, Insurance, Risk Management, Maritime and etc.
- Preferably completion of professional insurance qualification.
- Proven track record of underwriting profitable Marine business / portfolio.
- Heightened understanding of Marine product and portfolio management issues.
- Understanding of local insurance markets and competition landscape.
- Good technical and analytical skills.
- Strong communication skills.
- Ability and interest to lead and develop junior team members.
Vacancy posted 15 days ago
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