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Jobs in Singapore   »   Jobs in Singapore   »   Maintenance / Repair Job   »   Fac Underwriter
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Fac Underwriter

Samsung Reinsurance Pte. Ltd.

Samsung Reinsurance Pte. Ltd. company logo

Requirement

· Degree in a technical discipline like Engineering preferred

· ACII/FCII or equivalent would be an advantages

· Worked in the insurance/ reinsurance industry for more than 3 years as a Property Underwriter

· Work experience with regional responsibilities and good knowledge of markets

· Underwriting experience and market knowledge of SEA, India and North Asia

· Underwriting experience and market knowledge of Middle East is an advantages

· Fluent English spoken and written is essential

· Additional regional language(s) would be an advantage

· Excellent oral and written communication with good negotiation skills

· Good interpersonal skills, approachable and a good team player

· Possesses leadership qualities

Willing to travel


Main Responsibilities include but not limited to following:

· To analyze risks and its exposures for assessment of risk quality and insurance coverage including pricing of risks and other related requirements

· To ensure compliance with company guidelines in the underwriting of facultative business

· To ensure proper administration of facultative business transacted including follow-up actions for endorsement, registration in IT system and reporting.

· To provide advice on claims matters

· To co-operate with other teams in the pursuit of company targets

· To take on other assigned roles and responsibilities relevant to facultative reinsurance business

· Be able to carry out desk-top evaluation of a risk and where necessary seek relevant information clarification from the cedant/broker

· Be able to price the exposure and set other terms and conditions so as to ensure long-term profitability

Be able to evaluate and steer portfolio in order to enhance results and to fit company’s risk appetite.

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