Our client is a leading insurance company. Due to their team expansion, they are looking for 2 Underwriters who will support the underwriting activities and manage a profitable business portfolio. These new Underwriters are expected to handle underwriting new business and renewals of high complexity and volume.
Responsibilities:
Support the implementation of the team strategy to enable delivery of overall business targets
Apply the reinsurance strategy in order to safeguard the portfolio
Positively promote the department, division and company as a whole, in order to maximize brand leverage
Contribute to the development of the team’s business plan in order to maximize productivity and performance
Maintain product, system and process knowledge
Attend relevant product and skill courses and passing on relevant points to other staff
Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency
Provide technical expert support to the identification of issues and opportunities within area of expertise
Establish strong relationships with stakeholders to maximize influence and achieve business objectives
Demonstrate understanding and awareness of market dynamics and market cycle to drive and enhance business performance
Continually develop expertise and technical knowledge through identifying and implementing appropriate learning and development activities
Underwrite complex insurance risks in accordance with the business plan and the personal authority to meet business objectives such as terms negotiation and responsible for credit control in payment collection
Contribute and influence in the review and analysis of the portfolio to identify progress toward business objectives
Requirements:
Degree holder with 7 years of working experience with substantial experience gained within the insurance industry
Use of risk profiling and pricing tools and loss models
Established customer/broker relationships
Extensive knowledge of relevant market conditions for specific class/portfolio
Good knowledge of relevant underwriting systems
Thorough understanding of class specific underwriting and reinsurance knowledge
Intermediate level understanding of relevant software, including Excel and other departmental software packages
Strong knowledge of legal and regulatory requirements in Hong Kong, underwriting process and procedures
Candidates with less experience are also welcome.
For all applications, kindly send us your updated CV quoting reference URS/HL.
Full-time