Senior Underwriter - Commercial Lines

about the company

Our client is a well-established international non-life insurer with a legacy spanning over seven decades in the Singapore and broader Asian markets. The organization provides a comprehensive range of insurance solutions across diverse classes, including engineering, marine, professional indemnity, and complex commercial lines. As a subsidiary of a global insurance group, the firm maintains a superior financial strength rating and is recognized for its extensive involvement in the regional reinsurance sector.

about the job

This position focuses on underwriting non-marine insurance policies for large and complex commercial risks across Singapore, the Middle East, and the APAC region. You will be responsible for technical risk assessment and the management of a diverse portfolio including property, construction, and energy accounts within an established financial services environment.

• Risk Underwriting: Evaluating and underwriting non-marine insurance covers for large-scale commercial risks in compliance with company capacity and risk appetite.

• Broker Management: Managing professional relationships with insurance brokers to coordinate the flow of technical information and ensure timely communication.

• Portfolio Development: Negotiating terms for an assigned portfolio of accounts to maintain business terms in accordance with company objectives.

• Case Evaluation: Reviewing complex proposals and formulating well-reasoned recommendations for risk acceptance for cases exceeding individual authority levels.

• Process Supervision: Overseeing the output of the processing team to ensure accurate recording of transactions and the delivery of error-free documentation.

• Regulatory Compliance: Adhering to all legal regulations, industry guidelines, and internal policies governing the underwriting function.

about the manager/team

You will work within a collaborative leadership environment that emphasizes professional development and technical training. The team operates under a structured reporting framework, focusing on inclusive growth and the collective achievement of regional performance targets.

skills and experience required

The following qualifications and professional attributes are required for this position.

• Experience: 10 years of experience in re/insurance underwriting focusing on large and complex commercial risks.

• Regional Knowledge: Experience in the Middle East and APAC commercial insurance markets and practices.

• Education: A degree in engineering or a related technical discipline, or professional insurance qualifications such as SCI or ACII.

• Technical Proficiency: Knowledge of non-marine risks, reinsurance concepts, and the ability to interpret insurance conditions, clauses, and warranties.

• Data Analysis: Ability to identify and interpret statistics and information for evidence-based decision-making.

To apply online please use the 'apply' function, alternatively you may contact Hazel at +65 93884683. (EA: 94C3609/ R25158773)