KEY OUTPUTS:
• Work with Marketing Divisions on underwriting new and renewal businesses according to risk assessment, underwriting authority limit and treaty terms and conditions.
• Monitor/ control acceptance of risks to ensure that Underwriting guideline and treaties limit continue to be complied.
• Provide technical support to Marketing team including monitoring and maintaining policy wordings, underwriting document templates, etc.
• Provide training for other divisions about updated underwriting regulations.
• Develop, maintain underwriting statistics and prepare Underwriting reports.
• Collaborate with other divisions as job required
• Other underwriting work as assigned by Company.
RELATIONSHIPS:
• The Company’s internal staff and other industry peers.
• Reinsurance market.
DECISION MAKING AUTHORITY:
• To understand and act within delegated authority given.
KEY PERFORMANCE INDICATORS:
• State of Underwriting statistics and Underwriting guidelines
• Proper risk acceptance within Underwriting Guideline
• Standard of response to other related Divisions/ Customers.
• Attractive and competitive remuneration package: attractive monthly salary Guaranteed Bonus, Short-term Incentive Bonus, various types of allowances and subsidies (telecommunication allowance, pocket subsidy, special language subsidy, risk surveyor subsidy, hotline duty subsidy, clothes support subsidy, lunch support subsidy, transportation subsidy…) and long service award.
• Premium healthcare insurance package including health and accident insurance in addition to basic insurances regulated by the Labor Code to employees and their entitled families’ members (depends on level of employees).
• Training opportunities sponsored by the Company (on-job-training, soft skills, professional knowledge and certificate (ANZIIF, CII, ACCA, Actuary…), technical exchange seminar…).
• Minimum of 15 annual leave days; Annual health check-up at high standard level.
• International and professional work environment with high ethic and compliant culture.
• Annual company summer vacation and parties with teambuilding activities and talented performances.
• Company’s Top Management always communicates to all employees about Company’s strategy, development plan and new opportunities for employees to reach higher performance.
• Employees are engaged and taken care by the company via various Trade Union activities.
QUALIFICATIONS:
• College/University degree
• English fluency.
SKILLS/KNOWLEDGE:
• Sound Underwriting knowledge.
• Good communication skills.
• In depth knowledge of insurance, products, insurance contracts.
• Have knowledge about types and methods of reinsurance.
EXPERIENCE:
• At least 3 years working as Underwriter
• Having experience in property/ engineering/marine line is preferred.
• Prior experience in underwriting business is preferred.