As part of the Talanx Group, HDI Global SE, Singapore has been one of the leading insurers offering a broad and needs-based range of insurance solutions and accompanying services for decades. HDI operates through foreign branches, subsidiaries and affiliates as well as network partners in more than 150 countries.
We offer our employees all of the advantages of an international company by providing an exceptional, modern working environment that constantly challenges and rewards. We promote high levels of internal and external communication and concentrate on achieving our goals through teamwork. We offer you the opportunity to contribute your own ideas and actively become involved in shaping the future of our company.
UNDERWRITING MANAGER, PROPERTY
- Control, monitoring and underwriting acceptance for the classes designated, in cooperation, where necessary.
- Overall responsibility for the South Asia t underwriting function for General Property.
- Underwrite Property business in accordance with the company’s philosophy and those standards set down in the respective product manuals.
- Appropriate liaison with brokers and insured’s to inform as to company philosophy relative to areas of responsibility.
- Maintenance of an intimate knowledge of all business sources to ensure underwriting decisions are based on all pertinent criteria.
- Visits to client locations for purposes of risk assessment, risk and loss control and information gathering purposes.
- Conduct underwriting reviews in order to ensure proficiency and compliance with the company’s objectives, instructions, guidelines and reinsurance arrangements.
- Complete and maintain Group Nat Cat Tools.
- Involve Loss Control / Risk Engineering Service as required.
Marketing
- Coordination and implementation of a marketing strategy for underwriting classes under control, in cooperation with the Managing Director.
- Execution of marketing philosophy to clients and brokers.
- Attendance at appropriate conferences, seminars, discussion groups, meetings and involvement with industry bodies as considered beneficial to the company and after approval from the Managing Director.
- Coordination of internal training courses/ seminars for external clients in cooperation with management team.
- Interstate travel and overseas as considered necessary with approval of the Managing Director.
- Research and Development of new products to meet the needs of the company’s customers.
Management
- Input in respect to premium, loss ratio, budgets and including distribution sources and growth forecast, quarterly in co-operation with the Managing Director.
- Input to Monthly Management report relative to market conditions, underwriting, new business opportunities, quotations won/ lost.
- Preparation of appropriate reports on portfolio performance.
- Involvement in weekly underwriting meeting with all other Product Managers to review business written and overall philosophy.
- Training of staff in Property Insurance class.
- Periodic reports as required for local and overseas management.
Administration
- Completion of appropriate underwriting worksheets, premium calculation detail and risk information for systems input.
- Preparation/ maintenance and overview of all underwriting files, slips and policy wordings.
Reinsurance
- Ensure that risks underwritten conform to Property treaties scope of cover.
- Place facultative reinsurance, subject to approval, as required with company approved professional reinsurers.
- Seek and obtain any special acceptance under the Property reinsurance treaties where required by nature of the risks being insured by the company.
- Ensure compliance with underwriting guidelines.
