Property Underwriter

Job Title: Property Underwriter

Location: Singapore

The Opportunity:

To analyze and underwrite new and renewal business, under limited direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on complex assignments ensuring a high-level service to customers.

Key Accountabilities :

• Proactive Account Management - Seek renewal and identify new business opportunities while managing a qualified list of prospects. Serve as the primary contact for assigned accounts, ensuring strong engagement and relationship management.
• Conduct detailed opportunity assessments with key brokers to pinpoint growth opportunities. Participate in Sales Team meetings and assist in managing a qualified list of opportunities and updating required systems with details of broker/client accounts within specific timeframes.
• Cross-Selling and Product Density - Increase product density by cross-selling other lines of business to existing accounts.
• Independently assess and price medium complexity risks, and working with Senior Underwriter on high complexity risks, set and negotiate terms and conditions in accordance with underwriting guidelines.
• Develop and maintain good networks with wholesale and facultative reinsurance brokers and cedants. Engage with brokers, leading discussions and proactively seeking new business opportunities.
• Update required systems with details of broker/client visits and account status within specified time frames. Prepare necessary documentation and perform account servicing tasks. Serve as key contact for assigned target accounts.
• Demonstrate good knowledge of underwriting philosophy, techniques, regulations, and guidelines.
• Maintain a good understanding of how managed accounts fit into the broader Underwriting strategy, ensuring alignment with overall business goals.

Qualifications, Experience & Skills:

Required:

• 3 to 5 years of Experience in underwriting medium complex Property risks in the Asia market
• Business Development skills and established connections with wholesale/ Fac RI brokers and cedants
• Thorough understanding of the Asian wholesale broker network with good business planning skills
• Good negotiation skills with a high level of customer and commercial awareness in regard to terms & conditions and be able to successfully close deals
• Able to prioritize accounts, work in a dynamic market meeting deadlines for quotes on new and renewal business

Preferred:

Bachelor’s degree.

Good verbal and written communication skills

Good Team player

Desired:

North Asia (incl Japan) commercial property underwriting experience, Japanese language proficiency is a plus (not compulsory)

You are the heart & soul of Zurich! 
 

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.

People are Zurich’s most important asset. Their varied skills, perspectives and experiences drive innovation. And they reflect the breadth and diversity of our customers, suppliers, communities and investors around the world. We are committed to attracting and retaining talented individuals from a variety of backgrounds and experiences.

Let’s continue to grow together!

• Location(s):  [[Singapore]] 
• Remote working: [[Hybrid Working Model]]
• Schedule: Full Time
• Recruiter name: [[Ahona Adhikary]]
• Closing date: