Senior Underwriter, Casualty
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Purpose of the Role
The Casualty (Senior) Underwriter will conduct day to day underwriting works and related administrative tasks as part of the Singapore Casualty team specifically in the Major Accounts Division (MAD) and focusing on Casualty products across all of Chubbs distribution channels. The Casualty (Senior) Underwriter is expected to apply underwriting knowledge and skills to contribute to the overall growth and profitability of the Casualty portfolio within MAD and P&C departments overall business goals. The Casualty (Senior) Underwriter will report to Head of Casualty.
Key Accountabilities & Responsibilities
The Casualty (Senior) Underwriter is responsible for underwriting insurance products focusing on Public and Products Liability and Work Injury Compensation within MAD.
This role involves maintaining profitable new and renewal accounts and supporting the achievement of budget plans for growth in the Casualty business. The underwriter will drive new and renewal business by reviewing submissions and renewals within authority limits while fostering strong relationships with brokers and producers.
The underwriter will also participate in local marketing initiatives and producer meetings as necessary focusing on building and maintaining strong relationships with key stakeholders and fostering a supportive network within the industry.
As a MAD underwriter he/she will lead the MAD value proposition in external engagements with our brokers partners and clients. The underwriter will develop a multiline view of key client relationships and broaden his/her knowledge from the Casualty product to all solutions that Chubb can offer maximizing the value Chubb bring to broker partners and clients.
Key tasks include analyzing risk data reviewing policy wordings and ensuring compliance with underwriting standards.
The position requires accurate data management and coordination with support teams for timely responses on quotations and policy documentation.
As a Senior Underwriter he/she will also serve as a mentor to the other underwriters.
Additionally the underwriter will conduct peer reviews audits and assist with ad hoc projects as needed.
Qualifications
Required Skills & Experience
- Diploma Bachelors Degree Business Degree relevant Insurance qualifications or equivalent
- Demonstrated underwriting ability and technical competence as evidenced by a minimum of 5 years underwriting experience or equivalent industry experience.
- Analytical skills and ability to evaluate and judge underwriting risks within designated authority.
- Effective communication & interpersonal skills to work effectively with clients brokers agents & Chubb personnel.
- To be self-motivating with a drive for self-improvement and progression
- Extensive experience and knowledge across Casualty Lines products
Required Experience:
Senior IC
Key Skills
- Loan Processing
- Credit Analysis
- Fraud
- Math
- Risk Analysis
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Equity Research
- Underwriting
- negotiation
- RMF
About Company
Chubb Life has been in Egypt since 2003. Chubb Life is the international life insurance division of Chubb - the world's largest publicly traded property and casualty insurance company by market capitalization.
