Develop and implement Credit and Political Risks insurance business strategy, initiatives and plans; responsible for both the Topline and Bottomline of the segment. This also includes product development, review of policy wordings and underwriting/Treaty guidelines, platform development (if any) and management of distribution of Credit and Political Risks products and services across all distribution channels
Underwrite and prepare referrals to CEO / MSIG Asia / MSIG USA for approvals, whenever necessary.
Ensure that reasonable TAT is achieved for response to market / internal stakeholders.
Ensure that prudent technical underwriting is conducted as well as balancing the business aspects of securing the accounts.
Collaborate with Governance, Reinsurance, Actuarial and Claims teams to manage loss ratios
Negotiate, underwrite, accept all accounts within Risk Acceptance Authority/Risk Acceptance Guide
Develop understanding and appreciation of Credit and Political Risks insurance across the company
Market engagements with the industry
Ensure compliance with all laws, regulatory provisions and Group policies as are relevant to the role
Undertake any other duties as may be assigned
Qualifications
Tertiary qualification and professional insurance qualifications
Other Information
At least 2 years of experience in developing and underwriting Credit and Political Risks insurance business and products or credit analysis, banking, finance, or related fields
Credit and Political Risks Insurance business and underwriting, pricing, referrals, review of policy wordings and product enhancements
Digitalisation savviness
Portfolio Management
Knowledge of distribution channels structure and good interpersonal liaison with them
