Job Scope
1. Assist to manage all underwriting aspect of Casualty and Financial Lines of business.
2. Assist to formulate and execute strategies to grow target business for Casualty and Financial Lines of business.
3. Maintain profitability of Casualty and Financial Lines of business.
4. Rendered technical assistance to both internal and external parties for underwriting matters related to Casualty and Financial Lines of business.
Main Responsibilities
1. Underwriting & Technical Management
- Underwrite all classes of Casualty Lines of business within the given underwriting authority limits, guidelines, monitor all the technical underwriting processes and acceptance of Financial Lines of business.
- Providing underwriting expertise relating to Casualty Lines of business.
2. Business Growth
- Assist to formulate and execute strategies to grow the targeted business towards the projected growth by collaborating with business units.
3. Compliance & Governance
- Ensure strict compliance to Regional/ Local Guidelines, External Guidelines and Treaty Protection in force at all times.
4. Portfolio Management & Profitability
- Regular analysis of Casualty Lines business portfolio and act where necessary to ensure the profitability is maintained at the desired level.
- Close monitoring of Casualty Lines portfolio performance and if necessary to highlight any potential adverse claims trend.
5. Customer Service
- Ensure excellent customer service is always extended to internal and external customers within the set of service standards.
6. Product & Technical Infrastructure
- Ensure technical infrastructure such as policy wordings, clauses, and endorsements are in line with market practice and at the same time meeting the Generali Group, regional aspiration and direction.
7. Training & Development
- Assisting the Head of Casualty and Financial Lines to organize/ provide Technical Training to team members, business team as well as intermediaries.
8. Other Responsibilities
- Undertake other responsibilities or projects as assigned.
Performance Measures
- Achievement of Liability GWP target by lines of business.
- Achievement of Liability LR target by lines of business.
- Timely execution of action plan.
General Competencies
Strategic Vision
- Know the impact of the job relatives to the business priorities an act accordingly.
- Cascades and translates company strategies into action plans.
Focus on Customer
- Deliver service to internal/ external customers in a reliable, attentive, and available manner.
- Demonstrate ability to drive the change.
Change Leadership
- Demonstrate willingness to implement that adds value.
- Demonstrate ability to drive the change.
Results Orientation
- Ensures timely high-quality deliverables.
- Designs, plans and processes that ensure consistent delivery of quality results.
Building Capability
- Drives own personal development.
- Coaches team members to design and implement their development plan.
Team Leadership
- Contribute to the team’s high standard of performance.
- Drive teamwork in order to achieve high standards or performance.
Share to Succeed
- Shares ideas, knowledge, and information beyond their team.
- Engages people to share and work with others across the organization.
Living through Company Values
- Demonstrate the company values consistently: Team Spirit, Innovation, Pragmatism, Professionalism, Integrity and holds team members accountable to do the same.
Qualification & Experience Requirements
Education
- Degree in Accounting, Economics, Finance, Law, Business Administration, Or Relevant Certification.
- Preferably Tertiery qualification in insurance related such as AMII/CII/CMII/DMCII or equivalent insurance qualification.
Experience
- Minimum 8 years’ experience in general insurance industry (preferably in Casualty/ Financial Lines/ Liability), with at least 5 years in Casualty/ Financial Lines underwriting experience.
Skills
- Intermediate to advance level of computer operating and Microsoft Word/Excel.
- Proficient in English.
- Possess good communication skills – written and oral.
- Solid knowledge in Underwriting of Financial Lines risks.
- Has good analytical and problem-solving skill. [
Personal Qualities
- Mature personality.
- Able to work independently and work as a team.
- Self-motivated.
- Team player.