Discover your dream Career
For Recruiters

Sr. Underwriter/AVP, Asia Pacific General Casualty Division - North Asia

Allied World Assurance Company Holdings, Ltd Singapore
Posted 4 days ago Permanent Competitive

Sr. Underwriter/AVP, Asia Pacific General Casualty Division - North Asia

Allied World Assurance Company Holdings, Ltd Singapore
Sr. Underwriter/AVP, Asia Pacific General Casualty Division - North Asia
Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Job Summary (Senior Underwriter):

Responsible for underwriting insurance/reinsurance portfolios of North Asia Region by developing business from assigned broker accounts, evaluating risk submissions, and contributing to overall business growth while maintaining profitability targets and risk appetite guidelines.

Job Duties and Responsibilities:

Underwriting & Risk Assessment
  • Review and evaluate insurance/reinsurance submissions to identify profitable opportunities consistent with business plans
  • Deliver underwriting decisions following established processes and authority levels
  • Rate premiums and apply terms and conditions in accordance with underwriting guidelines and binding authorities
  • Work with actuarial teams to determine optimal pricing and structure for new and renewal business
  • Conduct underwriting audits and ensure compliance with underwriting guidelines

Client & Broker Relationship Management
  • Build and maintain strong relationships with assigned broker/intermediary accounts
  • Respond to enquiries from brokers via phone, email, letter, or fax in a courteous and timely manner
  • Negotiate treaty terms, conditions, and participations with brokers and clients
  • Provide customized solutions based on thorough understanding of customer needs
  • Manage customer interactions efficiently to ensure high levels of satisfaction

Business Development
  • Proactively identify and pursue up-selling and cross-selling opportunities
  • Market services to brokers and clients to maximize profitable revenue potential
  • Achieve agreed business targets for new and renewal business
  • Contribute to overall business growth objectives

Administrative & Documentation
  • Prepare and issue quotations, policy documents, and invoices
  • Update client records and maintain accurate filing systems
  • Issue written confirmations for accepted quotations with full coverage details
  • Manage renewal processes 4-6 weeks before renewal dates
  • Ensure paper files and system records are properly maintained

Cross-Functional Collaboration
  • Coordinate activities with Claims, Accounting, Legal, and Finance departments
  • Work closely with collection teams to resolve payment discrepancies
  • Assist with claims notification procedures and direct inquiries to appropriate partners
  • Participate in ad-hoc projects as required

Qualifications:
  • Bachelor's degree preferred
  • 3-5 years of relevant multi-line general insurance/reinsurance underwriting experience
  • Professional insurance qualifications preferred (CPCU, ARe, RPLU)
  • Proficiency in Microsoft Office Suite (Excel, Word, Powerpoint, Sharepoint)
  • Strong Analytical and quantitative skills
  • Excellent negotiation and documentation abilities
  • High attention to detail
  • Risk assessment and decision-making
  • Customer service orientation
  • Travel required (approx. 25% or as needed within geographical remit)
  • Strong commitment to professionalism, integrity, and building trusted relationships with internal and external stakeholders
  • As the role will be responsible for the North Asia Region, professional working proficiency in one or more additional languages (such as Japanese, Korean, Mandarin or Cantonese) would be an asset to facilitate effective communication with stakeholders in the region.

Job Summary (AVP):

Responsible for underwriting a complex book of business, employing the methods necessary to meet projected GWP, profitability, and expense goals, implementing proper underwriting disciplines/guidelines, marketing and servicing of existing and potential clients. Manage and grow a portfolio of insurance products through strategic business relationships with brokers while utilizing business acumen and underwriting skills to develop pricing and negotiate terms and conditions to build a profitable book of business.

Job Duties and Responsibilities:

Underwriting & Portfolio Management
  • Review non-standard case referrals and deliver underwriting decisions, following agreed processes at the designated authority level, in order to secure profitable business within the agreed risk appetite
  • Lead the development and agreement of strategies for allocated portfolios of risks, agreeing associated risk appetite, underwriting philosophies and pricing strategies
  • Manage the performance of allocated portfolios through compliance controls, accumulation and performance monitoring, cycle management and portfolio forecasting
  • Prepare quotes, binders, referrals, and document underwriting files in compliance with company guidelines

Business Development & Relationship Management
  • Contribute actively to the development of segment and local customer propositions, and associated sales planning and account development, bringing knowledge and insights of the market and its risks
  • Strategically develop broker relationships to generate new business opportunities and manage existing accounts
  • Coordinate and perform regular marketing calls, account stewardship meetings, and events to promote Allied World product offerings
  • Proactively identify opportunities to increase penetration of existing customers and/or expand the business mix

Leadership & Team Development
  • Provide expert advice, guidance and coaching to colleagues to address technical referrals, and raise standards and expertise across the technical underwriting community
  • Provide technical guidance, assistance and training to junior associates
  • Be a referral point for junior staff members and contribute to peer review processes

Stakeholder Management
  • Develop and manage positive working relationships with all stakeholders (brokers, insureds, and internal personnel) leading to high customer satisfaction
  • Liaise with Reinsurers and/or internal Reinsurance teams to achieve the desired levels of cover on appropriate commercial terms
  • Coordinate with Claims Department on specific claims activity and overall market concerns

Qualifications:
  • Undergraduate degree required
  • Professional insurance designations (CPCU, ARM, ACII, ECU) preferred
  • 5-10 years of underwriting experience in relevant insurance products
  • Proven track record in business development and portfolio management
  • Strong communication, marketing, negotiation and presentation skills
  • Attention to detail and excellent analytical skills with a high level of proficiency in Office Suite (especially Excel including pivot tables and lookup functions)
  • Ability to plan, prioritize, and organize work, and effectively resolve conflict among priorities
  • Strong interpersonal and stakeholder management skills, and ability to interface with employees and management at various levels
  • Travel required (approximately 25% or as needed within geographical remit)
  • Commitment to continuing professional development through relevant training and education
  • Strong commitment to professionalism, integrity, and building trusted relationships with internal and external stakeholders
  • As the role will be responsible for the North Asia Region, professional working proficiency in one or more additional languages (such as Japanese, Korean, Mandarin or Cantonese) would be an asset to facilitate effective communication with stakeholders in the region.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
• Instant membership in the Allied World - a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holding Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non-traditional ways.

Allied work is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com , or follow us on Facebook and LinkedIn.
Job ID  R-143
More jobs From Allied World Assurance Company Holdings, Ltd
Allied World Assurance Company Holdings, Ltd
Underwriter, Asia Construction & Engineering Division
Allied World Assurance Company Holdings, Ltd
Singapore
3 days ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
Claims Analyst, Asia Pacific Claims Group
Allied World Assurance Company Holdings, Ltd
Singapore
2 months ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
Senior Specialist Analyst, Global IT Group
Allied World Assurance Company Holdings, Ltd
Singapore
2 months ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
AVP, Technical Lead, IT Product
Allied World Assurance Company Holdings, Ltd
Singapore
2 months ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
Senior Claims Analyst, Asia Pacific Claims Group
Allied World Assurance Company Holdings, Ltd
Sydney, Australia
24 days ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
Senior/AVP, Europe Construction & Engineering Division
Allied World Assurance Company Holdings, Ltd
London, United Kingdom
1 month ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
Intern, Hong Kong Accident and Health Division
Allied World Assurance Company Holdings, Ltd
Hong Kong
2 months ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
AVP, Asia Pacific Claims Group
Allied World Assurance Company Holdings, Ltd
Sydney, Australia
2 months ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
Senior Property Underwriter
Allied World Assurance Company Holdings, Ltd
London, United Kingdom
2 months ago Full time Competitive
Allied World Assurance Company Holdings, Ltd
AVP, Associate General Counsel, Global Markets, Legal & Compliance Group
Allied World Assurance Company Holdings, Ltd
London, United Kingdom
2 months ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
More Jobs Like This
Allied World Assurance Company Holdings, Ltd
Underwriter, Asia Construction & Engineering Division
Allied World Assurance Company Holdings, Ltd
Singapore
Allied World Assurance Company Holdings, Ltd
Claims Analyst, Asia Pacific Claims Group
Allied World Assurance Company Holdings, Ltd
Singapore
AIA Singapore Private Limited
Core Application Development, Specialist/Consultant
AIA Singapore Private Limited
Singapore
AIA Singapore Private Limited
Consultant, Client Communications
AIA Singapore Private Limited
Singapore
AIA Singapore Private Limited
Analyst, Finance
AIA Singapore Private Limited
Singapore