Assistant Underwriter / Underwriter (Commercial Lines)
at ECICS Limited
Singapore, Southeast, Singapore -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 17 Nov, 2024 | USD 4500 Monthly | 22 Aug, 2024 | 3 year(s) or above | General Insurance,Communication Skills,Actuarial Science,Interpersonal Skills,Gi | No | No |
Required Visa Status:
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US Citizen | Student Visa |
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OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
To provide assistance and support to the Underwriting team on the following:
Responsibilities:
- Implement Company’s underwriting strategy for Commercial Lines of Business such as Property and Casualty, including Surety Bonds
- Underwrite GI business in accordance with the Company’s underwriting guidelines and treaty terms
- To maintain underwriting discipline and perform risk assessment for Commercial Lines products to ensure that risk assessed is compliant to our company’s and regulatory guidelines
- To work closely with Distribution & Marketing team to ensure that service delivery and production targets are met
- To assist, develop and provide constant review to Company’s underwriting guidelines to ensure that it complies with our underwriting philosophy
- To support new product launches and corporate’s initiatives by establishing appropriate underwriting guidelines for the initiatives
- To help the department to achieve operations efficiency through analysing, reviewing and automation
- To assist on monthly renewal review for Non-Motor lines and obtaining the necessary approval prior to sending out the renewal notice
- General regular risk, portfolio review (incl post claims underwriting) and other reports for Management
- Any other ad-hoc tasks / projects related to underwriting as required
Requirements:
- Degree / Diploma in Accounting or Business Administration or Actuarial Science
- ACII or Diploma in General Insurance
- Minimum 3 years of in-depth experience for GI in Non-Motor Insurance
- Strong team player with effective organizational and communication skills
- Self-starter with great interpersonal skills
- Work with minimal supervision
- Analytical and numerate, with an eye for details
- Ability to multi-task and work well under tight timelines
Responsibilities:
- Implement Company’s underwriting strategy for Commercial Lines of Business such as Property and Casualty, including Surety Bonds
- Underwrite GI business in accordance with the Company’s underwriting guidelines and treaty terms
- To maintain underwriting discipline and perform risk assessment for Commercial Lines products to ensure that risk assessed is compliant to our company’s and regulatory guidelines
- To work closely with Distribution & Marketing team to ensure that service delivery and production targets are met
- To assist, develop and provide constant review to Company’s underwriting guidelines to ensure that it complies with our underwriting philosophy
- To support new product launches and corporate’s initiatives by establishing appropriate underwriting guidelines for the initiatives
- To help the department to achieve operations efficiency through analysing, reviewing and automation
- To assist on monthly renewal review for Non-Motor lines and obtaining the necessary approval prior to sending out the renewal notice
- General regular risk, portfolio review (incl post claims underwriting) and other reports for Management
- Any other ad-hoc tasks / projects related to underwriting as require
REQUIREMENT SUMMARY
Min:3.0Max:8.0 year(s)
Insurance
Banking / Insurance
Insurance
Diploma
Business Administration, Accounting, Administration, Business
Proficient
1
Singapore, Singapore