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Underwriting Assistant, Financial Line

Starr International Insurance (Asia) Limited

  • Company Industries:Insurance/Pension Funding

Job Information

  • Post Date:2016-09-26
  • Career Level:Middle
  • Location:Not Specified
  • Salary:Salary provided
  • Employment Type:Full Time, Permanent
  • Job Function:Financial Services  Underwriter  
  • Benefits:Dental insurance  Five-day work week  Life insurance  Medical insurance  Performance bon

Job Description

Job description:

  • Administration of assigned accounts throughout the lifecycle.
  • Collecting account and insured information for risk analysis by communicating directly with Brokers on behalf of the Underwriters.
  • Liaising with Underwriters, Brokers on behalf of the Operations & Systems Unit as needed to communicate account status and complete outstanding subjectivities.
  • Liaising with Underwriters to confirm policy issuance instructions for proprietary policies, endorsements, forms, notices, etc. and effectively communicate to the Operations & Systems Unit.
  • Performing pre-analysis support for new submissions, renewals, endorsements, and other incoming documents based upon predefined underwriting rules and/or guidelines.
  • Ensuring completeness of contents of underwriting package prior to handover to the Underwriter for risk analysis/risk selection process.
  • Analyzing the needs of the client and translating appropriately into the final specifications that serves as a basis for the policy.
  • Effectively dealing with accounts having a variety of intricate parts to ensure policies are complete and all aspects of the broker communication is seamless.
  • Completing quality control on the rating output to ensure accuracy of work (e.g. exposure bases, limits, coverage extensions, modifications, etc.).
  • Rating premium changes for premium bearing midterm change requests.
  • Maintaining an electronic file for accounts as required for regulatory and internal audit sake.
  • Ensuring timely, accurate completion of all assigned tasks.
  • Accurately compiling supporting account detail in electronic format using PDF conversion tools.
  • Generating Broker correspondence in electronic format (i.e., e-mail, eFax) related to transaction processing and informational follow up requests using free-form letters, predefined or approved templates.
  • Collaborating and corresponding verbally and in writing with Operations & Systems Unit team members and others in Finance Units as needed to perform tasks.

 

Requirements:

  • College degree or equivalent.
  • Minimum two years of insurance/administrative experience.
  • Strong analytical and organizational skills; must have the ability to interpret and execute underwriting instructions accurately; be detail oriented with good follow-through skills.
  • Strong interpersonal skills and ability to establish and maintain effective working relations with internal and external colleagues.
  • Client service experience and focus.
  • Excellent written and oral communication skills are essential.
  • Rating and entry expertise in multiple Financial Lines preferred, Directors’ and Officers’ liability and Professional Indemnity liability a plus.
  • Working knowledge of PCs and software applications. Proficient keyboard skills.


Interested parties please email full resume (with availability, current/last & expected salary stated) by clicking the below button "Apply Now".


All personal data collected will be treated in strict confidence and used for recruitment purpose only.

Company Info

Starr International Insurance (Asia) Limited, a wholly owned subsidiary of C.V. Starr & Co., Inc.C. V. Starr incorporated in Delaware, U.S.A. in 1950, is a global investment holding company with insurance agencies and a portfolio of global investments.C.V. Starr can trace its roots to the development of insurance agencies and insurance companies founded by Cornelius Vander Starr in China beginning in 1919.Through its insurance agencies, C.V. Starr historically has produced approximately $2 billion annually in comprehensive insurance coverage among several specialty line covering aviation, energy, marine, excess casualty and property, and excess stop loss insurance for employer-sponsored benefit plan.C.V. Starr sincerely invites suitable candidate to join us in Hong Kong office (the Regional office) as:

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