Underwriting Executive (Consumer Lines)

Job Reference: Underwriting
Employer/Agency: HL Assurance
Location: Tanjong Pagar
Experience: 3 to 6 years
Salary/Package: $4000-$4500
Job Sector: Banking ( Segment )
Functional Role: Insurance & Asset Management
Date Posted:
Closing Date:

Job Responsibilities:
Reporting to the Head of Underwriting, you shall be responsible to:
• Assist in the technical and product development for all consumer lines of business, which include but not limited to Motor, Travel, Personal Accident, Home, etc.
• Perform underwriting portfolio reviews on a monthly basis and recommend corrective actions whenever required.
• Develop and maintain strong working relationships with intermediaries and provide assistance and support as when required.
• Analyze and price renewal business at a premium commensurate with the acceptable risk exposure or changes in policies.
• Achieve budget and meet renewal retention goals.
• Manage referrals from the call centre, customers and intermediaries.
• Conduct market research and competitors' statistical analysis of all product classes.
• Engage in various underwriting and marketing projects to improve overall company results.
• Review, evaluate, and recommend modifications to underwriting guidelines and workflows.
• Generate production reports and other tasks as assigned.
• Prepare and conduct product training.

Job Requirements:
• A recognized Diploma or Degree in any related discipline, with professional qualifications in General Insurance
• Minimum 3 years of hands-on underwriting experience in consumer lines, including Motor, Travel, PA, Home and others, is a must.
• Strong analytical skills and decision making, with attention to details
• Independent and a fast leaner, able to grasp processes and system quickly
• Excellent presentation, communication, interpersonal, negotiation and relationship management skills
• Able to work within deadlines and under pressure

Other Information and Benefits
• 5-day work week (Mon – Fri, 9 am - 6 pm)
• Walking distance from Tanjong Pagar MRT
• Attractive remuneration package, variable performance bonus, annual leave entitlement, outpatient and dental benefits, group hospitalization and surgical, personal accident and term life insurance, etc.

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Interested applicants, please forward your detailed resume, stating qualifications, reason for leaving each employment, work experience, availability, current and expected salaries to [email protected] NOW.
(We regret that only shortlisted candidates will be notified)

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