Property Facultative Underwriter
8 months ago
About the client
Our client is a well-established reinsurance organization with a global presence and they are seeking a highly skilled Property Facul..
About the client
Our client is a well-established reinsurance organization with a global presence and they are seeking a highly skilled Property Facultative Underwriter to join their team
Responsibilities
- To analyze risks and their exposures for assessment of risk quality and insurance coverage including the cost 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 the 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 the 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 cost the exposure and set other terms and conditions so as to ensure long-term profitability
- Be able to evaluate and steer portfolios in order to enhance results and to fit the company’s risk appetite.
Requirements
- Degree in a technical discipline like Engineering preferred
- ACII/FCII or equivalent would be an advantage
- 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 subtenant, and North Asia
- Underwriting experience and market knowledge of the Middle East and North Africa is an advantage
- 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
If this sounds like an opportunity for you, please write to [email protected] or apply directly for a confidential discussion.
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