Assistant Vice President, Asia Professional Lines Division at Allied World

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

18 Jun, 26

Salary

0.0

Posted On

20 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Relationship Building, Stakeholder Management, Professional Liability Market Knowledge, Communication Skills, Analytical Mindset, Underwriting Decisions, Account Management, Business Development, Policy Wordings Review, Risk Appetite Management, Technical Audits, Peer Review, Marketing Activities, Negotiation, Coaching, Customer Satisfaction

Industry

Insurance

Description

Assistant Vice President, Asia Professional Lines Division Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members. Job Summary: This role involves building, maintaining and developing relationships within a portfolio of Accounts to secure profitable renewals and generate new business, in line with agreed area/segment strategies, and within agreed processes and risk appetite. You will spend the majority of your time leading and/or driving underwriting decisions, managing Accounts and Account Plans, contributing to business development activities. Job Duties: · Reviewing allocated complex, specialist cases or scheme opportunities and deliver underwriting decisions, following agreed processes at the designated authority level, in order to secure profitable business within the agreed risk appetite. · Leading and/or contributing to technical audits and peer review processes as required to support and enable the maintenance of an effective control environment. · Contributing to the production of new policy wordings or reviews of existing policy wordings to ensure policy documentation is current and accurate. · Leading or playing a major role in managing and developing an agreed portfolio of Accounts in order to maximise profitable revenue potential from new and renewal business and achieve agreed business targets. · Leading or contributing to the development and monitoring of Account Plans, gaining agreement to and implementing them in order to secure renewals and optimise profitable new business growth potential at individual account level. · Identifying, recommending and leading or contributing to the implementation of marketing activities, business development initiatives etc. to increase overall revenue, ‘share of wallet’ and business mix in line with agreed Account Plans. · Managing complaints within own authority level in an appropriate fashion to maintain quality and continuity of relationships. · Contributing to the wider development of effective business strategies, priorities and market propositions, drawing on own knowledge, understanding and interpretation of local markets, competitors and Accounts. · Actively engaging in the identification, prioritisation, negotiation and winning of new Account relationships in line with agreed business strategies and delegated authorities. · Providing expert advice, guidance and coaching to less qualified and/or experienced colleagues to address technical referrals and raise standards and expertise across the technical community. · Managing customer interactions in an efficient, courteous and timely manner in order to deliver high standards of customer satisfaction. · Leading and/or contributing to the development and execution of Asia strategy. · Takes on additional responsibilities as required. Essential Requirements: · Minimum 6 or 7 years of experience in an insurance role related to Professional lines (more experience highly valued) - broking, underwriting or claims · Minimum university graduate and preference with CII/ANZIIF · Excellent relationship building and stakeholder management skills · Good understanding of the Professional Liability market in Asia · Strong communication skills and analytical mindset · Ability and willingness to work outside normal office hours and travel as required · Results orientated Working at Allied World Our team of over 1,400 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us: · Instant membership in the Allied World Family — a global network of colleagues who will support your career journey · A manager who will help you build your career through a structured coaching program · Access to a full suite of learning and development tools and resources Global Presence We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug. Our Business Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate. To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.

Responsibilities

This role focuses on building and maintaining client relationships within the Asia Professional Lines Division to secure profitable renewals and generate new business according to segment strategies. The primary activities involve leading underwriting decisions, managing account plans, and contributing significantly to business development initiatives.