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Assistant Vice President - Underwriting (Financial Lines) Join to apply for the Assistant Vice President - Underwriting (Financial Lines) role at GREAT EASTERN Assistant Vice President - Underwriting (Financial Lines) 5 days ago Be among the first 25 applicants Join to apply for the Assistant Vice President - Underwriting (Financial Lines) role at GREAT EASTERN Get AI-powered advice on this job and more exclusive features. Your role is to execute the Financial Lines business plan to achieve both top-line growth and bottom-line profitability with a risk-oriented mindset delivered at a high quality customer service standard. Drive profitable growth of Financial Lines by : Exercising underwriting authority within delegated authority to assess, price and quote both new and renewal risks; Referring risks to the appropriate next level approval for risks outside delegated authority; Ensuring compliance with all relevant underwriting requirements and company’s reinsurance treaty limits, terms and conditions; Upholding underwriting excellence and providing technical guidance in risk selection, pricing adequacy and product offerings; Growing new business by (i) identifying and engaging under-penetrated distribution channels, and (ii) deepening engagement with current distribution channels; Working closely with Accounts on credit control matters; Ensuring acceptable loss ratio through loss control activities and engagement with claims personnel. Set and uphold service standards by : Timely response to the requests of intermediaries or clients; Regular follow up; Timely and proper instruction to Policy Processing Team. Ensure smooth operation of Financial Lines by : Maintaining proper records of submission flows; Preparing reports for monthly internal meetings and periodic business reviews with internal and external stakeholders; Training of junior underwriter(s) and / or underwriting assistant(s) as appropriate. Have at least 5 years’ experience in Financial Lines insurance underwriting in the Singapore market with good knowledge of general insurance laws and legislations; Undergraduate degree from a recognised institution; ACII or ANZIIF or Certification in General Insurance; Able to work collaboratively with intermediaries across all channels as well as to handle direct clients; Good analytical skills and attention to details; Proficient with Microsoft Office applications; Resourceful and independent with strong decision making ability; Team player and a desire to achieve excellence How You Succeed Champion and embody our Core Values in everyday tasks and interactions. Demonstrate high level of integrity and accountability. Take initiative to drive improvements and embrace change. Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively. Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns / risks to safeguard our company proactively. Who We Are Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels – a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of "AA-" by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. To All Recruitment Agencies Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes. Work Locations SG-GE Centre General Insurance Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and Sales Insurance, Financial Services, and Banking Referrals increase your chances of interviewing at GREAT EASTERN by 2x Sign in to set job alerts for “Assistant Vice President Underwriting” roles. Underwriting Manager - Multinational and Liability Specialist / Analyst, Business Underwriting Underwriter / Senior Underwriter, Asia Pacific Healthcare Division Renewable Energy & Alternative Fuel (REAF) Senior Underwriter Senior Underwriter, Brokers, Singapore Distribution Division Assistant Vice President - High Net Worth Underwriting Business Analyst - Payments and Banking Systems Business Analyst (Bank | Risk | Up to $6.1k) Business Analyst – Operations, Accounting & Risk Business Analyst @ Top Finance Institution Business Analyst, up to $6.9K (Bank / MNC) We’re unlocking community knowledge in a new way. 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