- Assist underwriters in day-to-day tasks, including evaluating and analysing risks, for both new and renewal accounts of Property and Power
- Compare year-on year changes in risk profile, as well as underwriting terms and conditions
- Perform benchmarking analysis, by occupancies and countries
- Review contract wordings per SCOR Underwriting Guidelines
- Ensure contract details are accurately entered in SCOR Underwriting Platform
- Conduct research on markets, segments or industries for business development potential
- Other duties and/or projects as assigned
- Curiosity; strong desire to develop knowledge in (re)insurance industry, particularly in the field of underwriting
- Strong analytical and problem-solving skills
- Resilient, adaptable, and comfortable in working under pressure and uncertainty
- Attention to detail and accuracy
- Fast learner, self-motivated, proactive and committed
- Good interpersonal and communication skills
- International minded, ideally from overseas experiences such as exchange semester, OCIP, overseas internship, etc.
- Proficient in Microsoft Office, particularly Excel
- Prior internships or working experiences in insurance or underwriting considered a plus, but not required
- Currently pursuing Bachelor's or Master's Degree in relevant disciplines (e.g. Business Administration, Economics, Statistics, Engineering, etc.), preferably in the final or penultimate year of study
- Minimum commitment period of 6 months from June 2024 onwards; Potential continuation of internship on part-time basis (e.g. 3 days per week) can be arranged for suitable candidates
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QBE Insurance Singapore Full timePrimary Details · Time Type: Full time · Worker Type: Employee · Responsible for underwriting activities and P&L responsibility of the Marine Cargo and TOL and managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, prod ...
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GREAT AMERICAN INSURANCE COMPANY SingaporeRoles & Responsibilities · Job Purpose: · Individual contributor assisting the Department in ensuring that sanction checks are complied with under Great American's underwriting standards and delegated authority levels. · Deliver a high-level service standard to internal team me ...
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THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED SingaporeRoles & Responsibilities · Based in Singapore, the candidate will actively support senior transactors throughout the entire syndicated loan (including event driven transactions) life cycle including Origination, Syndication and Distribution for clients in South East Asia and Indi ...
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Charterhouse Partnership Singapore Singapore Full timeAs part of the Southeast Asia team, you will be working actively on all aspects of new platform investments, add-on investments, divestitures and related financings, including but not limited to the following: · Helping to process new investment opportunities, ranging from market ...
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Perm Underwriting Support
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RECRUIT EXPRESS PTE LTD SingaporeRoles & Responsibilities · Hybrid Work Arrangement (4 days WIO, 1 day WFH) · 8am to 5pm / 9am to 6pm (M-F) · $2,800 - $4,200 · JOB PURPOSE · Individual contributor assisting the team in ensuring that sanction checks are complied with under GA's underwriting standards and delegat ...
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Senior Account Technician
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ALLIANZ GLOBAL CORPORATE & SPECIALTY SE SINGAPORE BRANCH SingaporeRoles & Responsibilities · Job Purpose / Role: · Our account technicians support the business by capturing and processing policy information, from submissions through to billings and collections. We pride ourselves on delivering exceptional customer service and operational effect ...
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HNW Case Manager
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TALENT EDGE RECRUITMENT LLP SingaporeRoles & Responsibilities · Job Responsibilities: · Liaise with the Financial Representatives, Business Development Managers, New Business & Underwriting and Legal & Compliance teams to assist with understanding and gathering of required financial and medical documents, underwriti ...
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Underwriting Consultant
Found in: Talent SG 2A C2 - 3 days ago
PRUDENTIAL ASSURANCE COMPANY SINGAPORE (PTE) LIMITED SingaporeRoles & Responsibilities · Job Profile Summary: · In this role, you will assess medical and financial risks of applicants for life and health insurance policies. As part of this dynamic role, you will report to the Head of High Net Work Underwriting and work closely with internal ...
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Property Underwriter
Found in: Talent SG 2A C2 - 3 days ago
ZURICH INSURANCE COMPANY LTD (SINGAPORE BRANCH) SingaporeRoles & Responsibilities · 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 o ...
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SCOR SERVICES ASIA-PACIFIC PTE. LTD. SingaporeRoles & Responsibilities · The jobholder should recognize him/herself in the values of our organization: · We CARE about clients, people and societies · We perform with INTEGRITY · We act with COURAGE · We encourage OPEN MINDS · We thrive through COLLABORATION · Key duties and re ...
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Senior Executive, Credit Control
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RANDSTAD PTE. LIMITED SingaporeRoles & Responsibilities · About the company · Our client is a multinational global specialty insurer. · About the job · Manage Credit Control and Debt Collection processes, including monitoring overdue premiums and sending monthly broker statements. · Collaborate with underwrit ...
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FINANCIAL ALLIANCE PTE. LTD. SingaporeRoles & Responsibilities · We are looking for meticulous individuals who have an eye for details, to maintain accuracy in data processing for business transactions. · This position is based in Singapore for Five-day work week. Under the employment of Financial Alliance Pte Ltd. · ...
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UIB ASIA REINSURANCE BROKERS PTE. LTD. SingaporeRoles & Responsibilities · Overall Role: · To deliver client service through the day-to-day administration and data entry of Aviation line of business relating to the placement, servicing & documentation. Ensuring placements maintain local compliance, regulatory and quality pract ...
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AXA Group Singapur, Singapore STANDARDAssistant Underwriter, Treaty · Singapore · Support the Underwriters in the region in all tasks related to the underwriting and administration support.Work closely with our Underwriters supporting them in their activities associated with renewals, servicing of accounts and upda ...
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Underwriting Intern - Singapur, Singapore - SCOR
Description
Who we are
SCOR, one of the world's largest reinsurers, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver "The Art & Science of Risk", SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health (L&H) and Property & Casualty (P&C) insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.
Within SCOR P&C, SCOR Business Solutions (SBS) is the central unit dedicated to insuring the business risks faced by large corporate companies. It has been serving its customers for more than 45 years and has maintained a continuous presence in the market by upholding a strong technical culture supported by SCOR's best-in-class financial strength rating. Business activity is structured around three regions (APAC, EMEA, US) through various lines of business (e.g. Property, Construction, Energy, Casualty/Financial Lines, etc.). Clients in each region are served by specialized underwriters who rely on SCOR's technical expertise and client knowledge.
In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.
At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR's success.
Job Summary
The Underwriting Intern will be working closely, and alongside the underwriters in SCOR Business Solutions (Property and Power) team in APAC.
This internship provides a fulfilling exposure to insurance and reinsurance industry. Through close collaboration with experienced underwriters in the team, as well as colleagues in other cross-functional teams, this internship will provide a good head start in a career of Underwriting. The Intern will also gain valuable insights and experiences of working in multinational corporations like SCOR.
Key Duties and Responsibilities
Required Skills/Competencies
Required Education