Underwriter/Senior Underwriter, Asia Pacific General Casualty Division

Allied World Assurance Company Ltd
Singapore
SGD 80,000 - 100,000
Job description

Underwriter/Senior Underwriter, Asia Pacific General Casualty 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.

Job Summary:

This role involves Casualty Underwriting for large (may include multinational), complex or specialist cases across Asia. The position will require the employee utilizing the methods necessary to meet projected profitability, GWP, and expense goals, implementing proper underwriting disciplines/guidelines, and marketing and servicing to existing and potential clients. The position will also require the administration and monitoring of underwriting rules and guidelines, insurance laws and regulations, and rating rules and models.

For the Senior Underwriter position, the employee may be required to take case referrals from distribution channel underwriters and provide technical guidance, assistance and training.

Job Duties:

  • Underwriting functions including direct as well as inward-facultative underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations.
  • Responsible for the profitable growth of designated geographies and their specific brokers or cedants.
  • Execute approved General Casualty business plan to establish and develop balanced and diverse book of business in accordance with underwriting guidelines.
  • Set appropriate terms and conditions following the Company’s business strategy to quote selected risks.
  • Exercise proper underwriting and pricing discipline to meet profitability goals, comply with underwriting guidelines, systems and procedures.
  • Maintain underwriting files in an orderly manner and in accordance with underwriting guidelines.
  • Expand existing portfolio of business by developing existing relationships and new prospective clients.
  • Interact with existing and prospective clients, brokers, re-insurers and other business partners in support of the business.
  • Liaise with internal auditors, Claims, Actuarial, Accounting, IT and Legal departments as appropriate.
  • Business travel within SEA region may be required.

Essential Requirements:

  • College degree or equivalent.
  • Minimum 2 years (Underwriter) and minimum 5 years (Senior Underwriter) of experience in the Commercial Insurance sector, preferably in underwriting and/or a core focus in the Casualty class of business.
  • At least 3 years Casualty underwriting experience for Senior Underwriter.
  • The candidate needs to have strong fundamentals in underwriting principles, pricing, and knowledge of policy wordings.
  • A self-starter, who can work independently while also being able to work within Casualty team and in conjunction with other functional departments.
  • Good communication skills and proficient in MS Office Suite.

Working at Allied World

Our team of over 1,400 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:

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

Global Presence

We are headquartered in Bermuda, with offices in various locations.

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.

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 and LinkedIn.

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