Assistant Underwriter, Singapore Workers Compensation
Core
Develop functional knowledge and skills to contribute to the growth and profitability of assigned specialty line(s) through pre-underwriting, marketing, and managing of products and services of standard risks.
Role type
Assistant Underwriter (Workers Compensation)
Builds
Standard risks products and services
Domain
Insurance (Workers Compensation)
Required skills
Pre-underwriting, rating, policy term negotiation, market research, competitor analysis, product design, premium collection, audit assistance, compliance management, stakeholder relationship management
Preferred skills
ACII/AAII designation, tertiary qualifications in related discipline
Technologies
Outlook, Microsoft Word, Excel, PowerPoint, database systems
Responsibilities
Establishing and maintaining strong relationships with producers and clients to facilitate the marketing and sale and training of the Liberty brand and products. Assisting the underwriting team in the process of reviewing, rating and underwriting target new business and renewal business in line with Liberty's quality selection and adequate pricing guidelines. Developing selling and negotiation strategies to ensure contribution to the profitability of assigned specialty product line(s). Providing input where possible into product development and marketing plans including market research, competitor analysis, product design and geographic/segment focus. Reviewing and negotiating policy terms and conditions including assisting with the production of manuscript policy wordings and endorsements. Participating in the execution of marketing plans. Assisting in ensuring premium payments are received and discrepancies investigated in a timely manner by referring to Debtors report from Finance department. In conjunction with other more senior Underwriting employees represent Liberty at industry social events, conferences and other relevant market related presentations. Building the Liberty Brand and own profile within the market. Working closely with claims department, risk management and all other key internal stakeholders to promote Liberty's "integrated business unit approach" and ensure seamless delivery of underwriting services. Working closely with Operations / Processing Services teams to ensure timely and accurate processing of premiums. Updating and maintaining various logs and preparing reports as required. Assisting in audits as required. Ensuring compliance with all legal, statutory and corporate affairs requirements on a timely basis. Responsible for maintaining and overseeing renewal listings and ensuring all processing and pre-renewal activity is completed according to SLAs
Seniority
Junior, supervised IC