Underwriting Specialist - Singapore - ZURICH INSURANCE COMPANY LTD (SINGAPORE BRANCH)

Description

The Opportunity:

We are seeking an experienced and detail-oriented Property Underwriter to analyze and underwrite new and renewal business, under limited direction, utilizing the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers. Property underwriting with a focus on Reinsurance and/ or Multinational Programs/Global Programs experience. Effective negotiator and contributor to Zurich's business plans Interpersonal and communication skills.

Key Accountabilities:

• Proactively handle renewal accounts, negotiate terms and conditions and close deals; ability to seek, identify and convert new business opportunities
• Complete detailed pipeline/opportunity assessment with manager/sales team/key brokers to identify growth opportunities.
• Qualify accounts to meet organization's appetite, balanced with sound business opportunity.
• Cross-Sell other lines of business to increase product density with the account.
• Participate in internal/ external pipeline meetings as related to assigned brokers and / or territory.
• Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
• Update required systems with account status within specified time frame.
• Serve as key contact for assigned target accounts.
• Develop strong broker and client networks as related to industries underwritten by Business Unit.
• Calculate Target Price accurately by utilizing Zurich underwriting tools appropriately.
• Measure exposures/analyze risk.
• Initiate product development idea.
• Assist in training and developing colleagues/ staff.
• Provide expertise on coverage issues with claims programs and guidelines including Investigate, recommend and implement leading edge technical solutions when they meet customer needs.
• Contribute to development of u/w manuals, programs and guidelines.
• Approve/place facultative purchases.
• Develop and lead marketing presentations to new and current agents/brokers.
• Ensure the successful completion of projects as required by line of business .
• Diagnose and develop recommendations to solve unique line of business and/or customer problems.
• Lead complex technical or long- business projects to implement new or changed systems, programs or products.

Business Accountabilities:

• Self-starter, independent individual who's able to regulate work in order to ensure appropriate use of resources and adherence to schedules/ ensure timely delivery.
• Provide advise and support to colleagues, measuring exposure and analyzing risk in order to provide appropriate coverage that meets the organization ́s risk and compliance processes.
• Research primary data sources, select relevant information, analyze key themes and trends and make recommendations to support operational decision-making such as which coverage to provide.
• Research best practice and provide consultancy to support senior management in developing and improving processes and systems relevant to underwriting.
• Assess complex customer cases, evaluate their unique needs and apply technical techniques and know-how to recommend a solution.
• Build relationships with customers by handling a range of queries and provide advice with the development of an account to create additional value for the organization and customers.

Qualifications, Skills & Experience:

• Prior experience working in an insurance/reinsurance company.
• Knowledge of line of business
• Analytically driven and organized.
• Highly motivated and ability to develop and maintain effective working independently.
• Looking to work in a vibrant and growing line of business