Job Description
A leading global insurance organization. Manage all underwriters in the Singapore Casualty team Implement a consistent Casualty strategy across Singapore; aligning with APAC & International Casualty strategies, plans, initiatives, risk appetite and goals. Drive and deliver a culture of underwriting excellence and operational efficiency in work flow and process systems across Singapore’s Casualty operations. P&L responsibility for all Casualty product lines/overall portfolio including profitability, volume, operations and expenses. Liaise regularly with APAC Casualty actuarial team to establish budget loss ratios and monitor rates; execute changes and remediation to improve profitability if required. Ensure underwriting and pricing tools are used where mandated, peer reviews are completed and underwriting files adhere to AIG standards. Establish career development, training and retention plans for Singapore Casualty team; coordinating with Human Resources where necessary. Ensure a consistent Client, Distribution Channel and Multinational approach across the Singapore Casualty portfolio. Ensure all underwriting files comply with AIG standards/Casualty Underwriting Quality Review (audit) requirements. Ensure good knowledge of current and historical claims via regular contact with Singapore Casualty Claims team. Perform all reporting duties for Casualty in Singapore. Work with the Regional Casualty Underwriting Head and collaborate with Singapore Product Leaders to ensure successful execution of plans and support initiatives across all product lines and segments. Ensure best practices are implemented across the country including pricing, marketing, business development, renewals, budget/expenses, policy wording updates and new product development.