Senior Property Underwriter

Job Title: Senior 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 highly 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 identify growth opportunities. Qualify accounts to align with the Zurich’s risk appetite and business opportunities.
• Cross-Selling and Product Density - Increase product density by cross-selling other lines of business to existing accounts.
• Independently assess and price medium to high complexity risks, set and negotiate terms and conditions in accordance with underwriting guidelines. Provide expertise on coverage issues with claims programs and guidelines.
• Develop and maintain strong networks with wholesale and facultative reinsurance brokers and cedants. Engage with brokers, leading discussions and proactively seeking new business opportunities.
• Demonstrate strong business development skills to identify and pursue new business opportunities. Leverage established connections with wholesale/Fac RI brokers and cedants to drive business growth.
• Participate in Sales Team meetings and assist in managing a qualified list of opportunities and 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.
• Assist in training and developing junior team members, supporting their growth and proficiency.
• Demonstrate strong knowledge of underwriting philosophy, techniques, regulations, and guidelines.
• Exhibit superior skills in relationship building, active listening, needs analysis, and win-win negotiating. Demonstrate strong negotiation skills and the ability to effectively assess risk.

Qualifications, Experience & Skills:

Required:

• 8 to 10 years of Experience in underwriting large and 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
• Strong 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
• Strong 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: