Financial Lines Senior Underwriter at The Hartford

Hong Kong Island, Hong Kong, China -

Full Time

Start Date

Immediate

Expiry Date

07 Apr, 26

Salary

0.0

Posted On

07 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Financial Lines Products, Decision-Making Skills, Relationship Development, Organizational Skills, Documentation Skills, Communication Skills, Interpersonal Skills, Presentation Skills, Proactive Work, Team Collaboration, Technical Underwriting Expertise, Market Knowledge, Product Development, Negotiation Skills, Coaching Skills

Industry

Financial Services

Description

INTL Senior Underwriter II - UW07YY We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. Purpose of the Job Based in Hong Kong, key responsibilities to underwrite and marketing or risks in China and/or Japan (depending on the individual’s existing experience and relationship) and underwriting and marketing of risks in other North Asia countries and Australia. Actively involved in the strategies and initiatives to underwrite and develop profitable book, as well as developing and maintaining strong relationships, offering a quality service to all brokers and clients within The Hartford, Global Specialty International business. Reporting Relationships Reports directly to Head of Financial Lines in Hong Kong Works in co-operation with local colleagues and International Financial Lines colleagues in HK, SG & UK. Job Responsibilities & Competence Underwrite new and renewal accounts to meet planned underwriting results, through proactive account review, analysis of underwriting trends and improvement plans to maintain profitability. Develop, grow and maintain strong relationships with key Brokers, distribution channels & Insureds, with primary focus on China and/or Japan (depending on the individual’s existing experience and relationship); and secondary focus locally within Hong Kong and other countries within the region Proactively support acquisition of new business and retention of existing business through travel, marketing and meetings with Insureds / potential Insureds. Work closely with the Head of Financial Lines to drive growth in North Asia & Australia to support the achievement of a balanced portfolio. Drives developments and execution of the International Financial Lines Asian and global underwriting and marketing strategies. Contribute to the identification and development of new products and new geographic territories for expansion of the book. Support local and International leadership in understanding the product, market and strategy, to build a sustainable book of business. Including reporting on key KPI’s built in conjunction with local and International leadership. Negotiate market wordings, in line with team strategy and process, maintaining knowledge of relevant legislation and market developments. Supporting coaching and development of team members to continually improve technical and trading capability contributing to a market leading team. Keep abreast of claim developments within the book and marketplace, and collaborate with the claims team. Contribute and lead, as required, to the quarterly and annual reporting of Underwriting results. Procedures Ensures that all policies and procedures are adhered to and drive efficiency opportunities within existing processes Adhere to any common standards set across the company and ensures that policies and procedures are adequately documented. Undertake continued Professional Development and comply with The Hartford procedures Other Duties The job description is intended to describe the main duties only. Job holders are expected to maintain flexibility and perform all other reasonable duties that relate to the job as assigned by The Hartford Authority TBA dependant on applicant level. Skills & Capabilities Goal and detail oriented with strong analytical skills. Technical knowledge in Financial Lines products and sound decision-making skills, contributing to a methodical approach to underwriting. Ability to work proactively alone and collaboratively as part of a team. Ability to develop and sustain relationships with internal and external customers. Ability to prioritise and organise workload. Good Filing and documentation skills Excellent written and verbal communication, interpersonal and presentation skills. Willingness to continue to develop skills and knowledge of Insurance and other related issues. Educational Requirements Degree level or other equivalent qualification preferred. Experience (describe relevant work experience, if required) Experience in handling underwriting, brokers, cedants and distribution channels within Japan or China Relevant underwriting experience within the marketplace as a Financial Lines underwriter Understanding of Financial Lines insurance market with sound knowledge of Financial Lines products (D&O, FI and PI) Knowledge and experience working on complex and challenging accounts with regional experience in underwriting facultative reinsurance Technical underwriting expertise with regards to wording, endorsements, regulatory environment and financial analysis. Other e.g. language skills, driving capabilities etc Business level English and Chinese Japanese language skills advantageous About Us | Our Culture | What It’s Like to Work Here Every day, a day to do right. Showing up for people isn’t just what we do. It’s who we are – and have been for more than 200 years. We’re devoted to finding innovative ways to serve our customers, communities and employees—continually asking ourselves what more we can do. Is our policy language as simple and inclusive as it can be? Can we better help businesses navigate our ever-changing world? What else can we do to destigmatize mental health in the workplace? Can we make our communities more equitable? That we can rise to the challenge of these questions is due in no small part to our company values that our employees have shaped and defined. And while how we contribute looks different for each of us, it’s these values that drive all of us to do more and to do better every day. 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Responsibilities

The Senior Underwriter will underwrite new and renewal accounts, focusing on profitability and relationship management with brokers and clients in North Asia and Australia. They will also contribute to the development of underwriting strategies and new products.