Overview

• Salary

  -

• Industry

  Insurance

• Job Description

  PURPOSE: Assist Head of Underwriting Division in the operation of Underwriting Section to help achieve the planned objectives of the Company.
  
  DIMENSIONS:
   Maintain Underwriting guidelines and Policy wording/ clauses standards.
   Monitoring Underwriting profitability
   Developing and maintaining Underwriting statistics.
   Product development support
   Training and guiding staff
   Review work procedure and wordings with view of control, increase productivity and efficiency.
   Facultative reinsurance outward
  
  KEY OUTPUTS:
   Assist Manager in overviewing general operation of Underwriting Section and supervising the works of other members in Underwriting Section of Underwriting Division.
   Work with Marketing Department on pre-underwriting and quoting according to risk assessment, underwriting authority limit and treaty terms and conditions.
   Analyzes qualitative and quantitative data prepared by underwriting executive/marketing dept and provides approval for risk selection and acceptance, coverage, and price for multi lines business.
   Monitor and manage risk accumulation control in accordance with underwriting guideline.
   Monitor/control acceptance of risks to ensure that Underwriting guideline and treaties limit continue to be observed;
   Conduct review of renewal business to ensure that business terms and conditions continue to be satisfactory;
   Liaise and coordinate with higher authority on various underwriting and referral case in timely, including handling facultative reinsurance outward for the accounts being in charge.  Maintain and develop relationships with facultative reinsurers.  Develop, maintain Underwriting statistics and prepare Underwriting reports.  Support and guide Underwriting Executive on daily works  Assist Head of Underwriting Division in Underwriting Committee
   Support Risk Engineering Section in reviewing survey plan; monitoring survey and risk improvement procedure and plan; training underwriting & insurance knowledge.
   Provide support to new product development activities based on the request of Marketing or Company’s strategy.
  
  RELATIONSHIPS: MSIG VN’s staff (Reinsurance, Business Processing, Marketing, Accounting) and other industry peers.
  
  DECISION MAKING AUTHORITY: To understand and act within delegated authority given.
  
  KEY PERFORMANCE INDICATORS:
   State of UW statistics and Underwriting guidelines
   Proper risk acceptance within Underwriting Guideline Standard of response to other related Dept/ Customers.