Underwriter (Commercial Lines) - #1159873
Income Insurance Limited
Job Responsibilities
Review Commercial lines business renewal, including facultative reinsurance inwards
Maximise renewal retention
Provide underwriting support to the Business Development (BD) Team
Day-to-day servicing, including following up on outstanding premiums and liaising with intermediaries/clients
Undertake projects or other duties assigned by the Head of Section (HOS) and/or Head of Department (HOD)
Ensure that both target and underwriting growth are met as set out by HOS and/or HOD
To be involved and assist the BD Team in activities organised by them to increase business opportunities and sales targets
To provide renewal terms to intermediaries and direct clients within the required deadline
Underwrite and accept risks within delegated authority as specified in the Underwriting Guidelines, Treaty and Acceptance Limits, and obtain approval from HOS and/or HOD if exceeding authority
To place facultative reinsurance outwards for risks exceeding Treaty capacity and/or for the purpose of minimising and spreading risk exposure
To secure Special Acceptance approval from the Treaty for renewal accounts beyond the Income's retention or the Treaty's parameter
To maximise renewal retention for all intermediaries and facultative reinsurance inwards channels through influence and negotiations
Build and maintain/reinforce close relationships with intermediaries and reinsurers
To assist Motor underwriters in renewals for Brokers' and Corporate Agents' channels
Qualifications
Diploma or Degree and minimum CGI with at least 3 years of underwriting experience preferred.
Reliable and trustworthy person who can deliver when is expected and work within deadlines.
Good communication, teamwork, problem-solving and negotiation skills
Familiar with MS Office (Excel, PowerPoint, Word)
Strong customer focus and a consistent look to exceed customer expectations.
Performance-driven and thrived on challenges.
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