Head of Underwriting

Duties and Responsibilities:

• Administer all core functions in underwriting department.
• Set up and Maintain an effective and smooth standard operation Procedures in underwriting department for supporting the companys daily business operation.
• Ensure the underwriting operation is met with all compliance requirements in connection with local regulators or overseas partners.
• Ensure the companys growth and profitability from all lines of business.
• Prepare underwriting guidelines for the company and authority limits to relevant staff in UW Department, subject to be approved by CEO.
• Provide product or technical training to all the staff in the department, and to all the business channels upon request.
• Keep motivating all staff in the department and create a culture of teamwork spirit.
• Keep motivating all staff to remember and respect the companys vision, mission and core value set.
• Ensure that daily work runs smoothly and are solved reasonably and professionally.
• Arrange and propose terms for the companys reinsurance treaty on an annual basis with the CEO.
• Check and verify all reports under underwriting department are correctly produced and well controlled both in hard files and online files, including Premium Register, Treaty Risk Bordereaux , Facultative Reinsurance Bordereaux, Co-insurance Bordereaux and MEFs Business Statistics (Monthly, Quarterly and Year-Ended Reports).
• Handle all product approvals for submission to Ministry of Economy and Finance, including Khmer translation.
• Ensure that reinsurance capacity is fully supported from both local or overseas reinsurance partners prior to binding the terms and conditions.
• Handle and supervise the financial institution business channel and co insurance and ensure that the premium meets the companys target.
• Delegate his/her Underwriting Authority to his/her underwriting personnel.
• Assist other UW members if their works are overloaded.
• Other tasks assigned by the CEO.

Requirement:

• Minimum bachelors degree from reputable institutions;
• Minimum 5 years working experience in Underwriting department of general insurance company or broker
• Minimum 3 years in the management role
• Strong Commitment to the work and able to work independently under reasonable pressure
• Good teamwork and leadership skill
• Be prudent and has Business driven mindset at the same time
• Dynamic and able to adjust to the new working and living environment.
• Fluent business English ability, Chinese language will be a plus.