- Singapore
Full Time Credit and Political Risk Underwriter Jobs, in MSIG Singapore - Maukerja
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Job Description
Responsibilities
Responsibilities
- Develop and implement Credit and Political Risks insurance business strategy, initiatives and plans; responsible for both the Topline and Bottomline of the segment. This also includes product development, review of policy wordings and underwriting/Treaty guidelines, platform development (if any) and management of distribution of Credit and Political Risks products and services across all distribution channels
- Underwrite and prepare referrals to CEO / MSIG Asia / MSIG USA for approvals, whenever necessary.
- Ensure that reasonable TAT is achieved for response to market / internal stakeholders.
- Ensure that prudent technical underwriting is conducted as well as balancing the business aspects of securing the accounts.
- Collaborate with Governance, Reinsurance, Actuarial and Claims teams to manage loss ratios
- Negotiate, underwrite, accept all accounts within Risk Acceptance Authority/Risk Acceptance Guide
- Develop understanding and appreciation of Credit and Political Risks insurance across the company
- Market engagements with the industry
- Ensure compliance with all laws, regulatory provisions and Group policies as are relevant to the role
- Undertake any other duties as may be assigned
- Tertiary qualification and professional insurance qualifications
- At least 2 years of experience in developing and underwriting Credit and Political Risks insurance business and products or credit analysis, banking, finance, or related fields
- Credit and Political Risks Insurance business and underwriting, pricing, referrals, review of policy wordings and product enhancements
- Digitalisation savviness
- Portfolio Management
- Knowledge of distribution channels structure and good interpersonal liaison with them
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