Underwriter, Retail and SME, Underwriting
Posted Updated
Description
Primary Details
Time Type: Full timeWorker Type: Contingent WorkerThe purpose of this role is to support the underwriting activities for SME segments. This position focuses on assisting with underwriting processes, maintaining relationships with intermediaries, and contributing to the overall efficiency of underwriting operations.This is a 3rd payroll vendor 12 month contract role.
Your New Role
- Provide underwriting solutions to key partners and internal stakeholders so as to create customer value proposition within company's risk appetite.
- Manage underwriting activities across multiple distribution channels
- Underwrite yet-to-be digital products for new business and/or renewals including manual renewal reviews, raters preparation, quotation generation and system submission and tracking
- Develop and maintain good working and professional relationship with customers, intermediaries, and internal stakeholders in underwriting service delivery
- Assist in product development, innovation and testing
- Participate in all relevant meetings in order to share and develop strategy, knowledge and best practice
- Maintain current knowledge of insurance guidelines and policy changes and modifications and recommending changes to Company policies and procedures where appropriate
- Establish and develop relationships and promote company image with key clients
- Contribute to the development and implementation of channel strategic plans
- Growth & Profitability: Achievement of Country plan (GWP, New business target vs plan, NCOR % and UW profit), Renewal retention rate and New Business Conversion rate Agency/Local Brokers Servicing & Satisfaction: NPS scores (SME/Retail partner servicing & satisfaction), Turn-Around-Time for Quotes, Endorsements, Renewals for all serviced channels
Comply with UW Guidelines, internal audit and other governance and compliance requirements
About You
- Degree or equivalent qualification preferable
- Working experience with substantial experience gained within the insurance industry
- Use of risk profiling and pricing tools and loss models
- Established customer/broker relationships
- Extensive knowledge of relevant market conditions for specific class/portfolio
- Good knowledge of relevant QBE underwriting systems
- Thorough understanding of class specific underwriting and reinsurance knowledge
- Intermediate level understanding of relevant software, including Excel and other departmental software packages
- Strong knowledge of legal and regulatory requirements in Hong Kong
- Strong knowledge of underwriting process and procedures
Skills:
Analytical Thinking, Collaboration Tools, Communication, Critical Thinking, Customer Service, Financial Advising, Financial Products, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Analysis, Policy Development, Risk Management, Stakeholder ManagementHow to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.