Senior Underwriter, Asia Pacific Motor Division

Senior Underwriter, Asia Pacific Motor Division

Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Job Summary:

Responsible for underwriting a complex book of Motor business, employing the methods necessary to meet projected GWP, profitability, and expense goals, implementing proper underwriting disciplines/guidelines, marketing and servicing of existing and potential clients. Administer and monitor underwriting rules and guidelines, insurance laws and regulations, rating rules and models. Provide technical guidance, assistance and training to junior underwriters.

Job Duties:

1. Leading the development of strategies for one or more allocated portfolios of risks, agreeing associated risk appetite, underwriting philosophies and pricing strategies, in order to achieve agreed business strategies and targets.
2. Managing the performance of allocated portfolios through compliance controls, accumulation and performance monitoring, cycle management and portfolio forecasting to ensure agreed targets and standards are met.
3. Ensuring the long-term development of allocated portfolios through the management of product development, based on portfolio performance, market intelligence, R&D insight, legal developments and emerging risks.
4. Liaising with Reinsurers and/or internal Reinsurance teams to achieve the desired levels of cover on appropriate commercial terms and/or exploit appropriate reinsurer capacity, data and expertise to maximise portfolio growth.
5. Contributing actively to the development of segment and local customer propositions, and associated sales planning and account development, bringing knowledge and insights of the market and its risks, proactively identifying opportunities to increase penetration of existing customers and/or expand the business mix.
6. Reviewing the non-standard case referrals and delivering underwriting decisions, following agreed processes at the designated authority level, in order to secure profitable business within the agreed risk appetite.
7. Providing expert advice, guidance and coaching to colleagues to address technical referrals, and raise standards and expertise across the technical underwriting community.
8. Recruiting, managing, coaching, developing and motivating the team to ensure delivery of the required standards of performance now and in the future.
9. Leading and/or contributing to technical audits and peer review processes as required to support and enable the maintenance of an effective control environment.
10. Ensuring that internal systems and processes are in place and working effectively to support business needs.
11. Taking on additional responsibilities as required.

Skills and Experience:

1. 5-8 years of Motor Underwriting experience in Singapore.
2. Wide range of knowledge regarding the various types of vehicles, associated risks and related insurance products.
3. Attention to detail and excellent analytical skills.
4. Ability to plan, prioritize, and organize work.
5. Ability to develop solutions to problems, evaluate course of action and reach logical conclusions.
6. Maintains a high level of professionalism, integrity and trust.
7. Strong marketing, negotiation and presentation skills.
8. Strong communication, interpersonal and stakeholder management skills.

Working at Allied World

Our team of over 1,500 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

1. Instant membership in the Allied World Family — a global network of colleagues who will support your career journey
2. A manager who will help you build your career through a structured coaching program
3. Access to a full suite of learning and development tools and resources

Global Presence

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Malaysia, Miami, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world