Casualty Underwriter

Location: Singapore, SG

About the Role

The role holder markets and underwrites profitable Casualty business, in accordance with the local and divisional strategies and marketing plans. 

Main responsibilities:

• Meets or exceeds financial objectives
• Independently and proactively executes business development and marketing initiatives with brokers and corporate clients
• Identifies and pursues target accounts and market segments to drive profitable growth
• Grows the business in the target segments focusing on medium to large corporate accounts; SME experience as a foundation would also be considered relevant
• Proactively manages renewal portfolio and increases share of wallet on existing business and cross sells solutions
• Collaborates closely with Finpro, Property and Specialty colleagues to deliver integrated solutions and maximise business opportunities
• Undertakes additional responsibilities and projects in support of the team and organisational objectives
• Maintains a strong market presence
• Accurately reports progress against business  plan in accordance with the Swiss Re Corporate Solutions' reporting framework and on an ad-hoc basis as needed

Accountabilities & Major Functions:

• Underwrites and executes profitable Casualty business
• Maintains a high level of technical expertise and leverages this knowledge to grow the portfolio profitably
• Provides timely, professional and responsive service to brokers and clients
• Ensures all underwriting is in line with underwriting authorities and corporate governance rules
• Collaborates with teams in development and execution of business strategies
• Good team player, while being self directed
• Pro-actively implements own strategies and marketing initiatives aligned with regional plans
• Develops and strengthens broker and client relationships to maximise business opportunities and long term partnerships
• Ensures the integrity and accuracy of data in in the relevant information, pricing and analysis systems
• Manages the timely and accurate preparation of documentation
• Produces accurate figures for quarterly projections and other portfolio reporting functions
• Manages expenses in line with agreed budgets and business expectations

About You

• At least 5 years experience in underwriting Casualty lines
• Strong understanding of market dynamics, competitors and distribution channels
• Sound knowledge of other commercial insurance classes and / or of reinsurance products would be an asset
• Proven ability to develop and implement underwriting solutions
• Demonstrated ability to deliver on growth targets
• Strong broker and client relationship management abilities
• Commercially minded with a strong business development orientation
• Ability to develop and maintain profitable long-term client relationships
• Strong negotiation and  decision-making skills
• A good balance between underwriting, relationship management and business development capabilities
• Excellent communication and stakeholder management skills across all organizational levels
• Well organised with disciplined time management skills
• Ability to work independently while collaborating effectively within a team
• High level of digital proficiency
• Strong written and verbal communication skills in English
• Insurance, Reinsurance and/or relevant industry work experience
• Relevant degree level qualifications or higher will be advantageous
• Experience working in SEA, HK and/or China markets would be an asset.