Develop and implement Property & Casualty (which includes Engineering, Construction, Bonds) business strategy, initiatives and plans; responsible for both the Topline and Bottomline of the P&C segments. This also includes product development, review of policy wordings and underwriting/Treaty guidelines, P&C platform development (if any) and management of distribution of P&C products and services across all distribution channels
Liaise with Business Units on referral accounts and prepare referrals to Asia/Head Office /Treaty/CEO for approvals
Ensure that reasonable turn around time is achieved for the account to be replied to the Business Units
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 and mentor other more junior underwriters / Business Units and explain the decision taken for the accounts.
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
Qualifications
Tertiary qualification and professional insurance qualifications
At least 6 years of experience in a senior / head level developing and underwriting Commercial insurance business and products
Commercial Insurance business and underwriting, pricing, referrals, review of policy wordings and product enhancements
Digitalization savviness
Portfolio Management
Knowledge of distribution channels structure and good interpersonal liaison with them
Singapore Property & Casualty market
5 Stones HRM Pte Ltd
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