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Job ref no.: CT3115413-01#4678

Head of Underwriting and Reinsurance Department

China BOCOM Insurance Company Limited

The successful candidate will assign to oversee the operation of the department and lead the whole team to accomplish the departmental goals.

Candidate holding relatively less experience will be considered for the post of Deputy Head of Underwriting and Reinsurance Department

Major Duties & Responsibilities include:-

  • Oversee all business and operational activities including insurance quotation, policy administration, reinsurance.  Ensures performance aligning to company’s standard quantitative and qualitative requirements.
  • Ability to formulate an appropriate underwriting strategies, plans and managing risk exposures through limits, risk accumulation controls and reinsurances.
  • Ability to formulate an appropriate reinsurance management strategy that is able to satisfy the reinsurance needs of our Company.
  • Exercise sound underwriting assessments and treatments while on case underwriting to ensure that risk accepted are of marketable quality and overall portfolio achieve profitable result.
  • Manage premiums against budget to ensure adherence with business plan.
  • Play a key role in establishments of underwriting guidelines, operational procedures, determination of risk tolerance level and premium.
  • Understanding and maintaining a good insurance code of practices, rules and compliances in all aspects.
  • Supervise, train and developing staff techniques and skills.
  • Conduct quality assurance to check the accuracy of underwriting data and ensuring the risk is contract certain;
  • Conduct regular review to implementation of all underwriting plans, reconcile and report all premiums (due and received) to exercise credit control;
  • Design and solicit external supports for the formation of treaty reinsurance protection covering major risk exposures carried by the Company after taking into account the Company’s risk profile, NAT CAT exposures, underwriting result and risk tolerance level.

Requirements:

Candidates MUST have extensive knowledge & experience on general insurance underwriting and supervisory experience within an underwriting team.

  • University Degree holder or above.
  • Possession of ACII/ ANZIIF (Snr Assoc). Fellow of CII or ANZIIF is preferred.
  • 7 years’ relevant working experience in general insurance underwriting inclusive minimum 3 years at managerial level.
  • Aggressive, proactive at work & result-oriented.
  • Work independent and able to work ahead of deadline.
  • Good command of spoken and written English and Chinese.
  • Proficiency in MS office (Word, Excel and Chinese word Processing)

Basic Salary: Negotiable

If interested, please send your resume with expected salary to: Human Resources Manager by email by clicking Apply Now.

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More job information
Job ref no. CT3115413-01#4678
Salary
  • N/A
Job Function
Industry
Location
  • Central
Employment Term
  • Permanent
  • Full-time
Experience
  • 7 years - 10 years
Career Level
  • Middle management level
Education
  • Degree