Assistant Underwriter / Underwriter (Commercial Lines)

at  ECICS Limited

Singapore, Southeast, Singapore -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate17 Nov, 2024USD 4500 Monthly22 Aug, 20243 year(s) or aboveGeneral Insurance,Communication Skills,Actuarial Science,Interpersonal Skills,GiNoNo
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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