Senior Underwriter - Singapore - SOMPO INSURANCE SINGAPORE PTE. LTD.

SOMPO INSURANCE SINGAPORE PTE. LTD.

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

**Senior Underwriter, Credit Political & Financial Risk Underwriter
The
_Senior Underwriter _will report to the Head of Financial & Political Risk. The role involves

Analysing & underwriting potential transactions in the areas of Trade Credit, Structured Commodity Finance, Asset Finance, Sovereign Risk and Project Finance.
Developing Sompo International's business franchise in Asia in conjunction with Sompo Japan.
Participating in the decision process as to which transactions are accepted.
Working with Group Risk Management, Actuarial & Claims functions as required.
Assisting in debt workout and recovery operations.
Portfolio Management.
Involvement in risk strategy as part of the business planning process.

Duties and Responsibilities:

Develop, source, structure, assess and underwrite credit and political risk insurance transactions with both brokers and Insureds.
Work with the Credit Risk Analyst team on risk assessments
Review and assess transaction documentation, policy wordings
Ensure the business handled meets Sompo's compliance & legal requirements
Working directly with clients on the management of in force transactions
Liaising with other staff within the company, such as ERM / Actuarial so that the company can assess and price risk appropriately.
Staying informed about appropriate legal, compliance and market risk related issues.

Skills, Qualifications and Experience:

Analyzing financial information, such as FS statements, management accounts and cash flow statements, financial models,
Ability to understand and assess all forms of debt / trade finance instruments, structured transactions (Project Finance, Structured Trade, Asset Finance), loan agreements,
Strong knowledge of transaction documentation and legal environment,
Ability to work in a close team work environment,
5 + Years experience in a similar role within either a Credit Insurer or Lending institution,
Strong background in Finance & Economics
Good communication skills (written/oral) and an ability to deal with personnel at all levels.