Insurance and Reinsurance: Head of Financial Lines

CandidateAsia Group Pte Ltd| Date Posted: 1-Aug-2019
EA Licence No: 09C5355|EA Personal Registration No: R1105434/16C7962
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Job Nature:
Permanent, Contract
Position Level:
Entry Level, Experienced
'N' Levels / 'O' Levels, Diploma, Bachelor's / Honours

Job Description

We are a specialist recruiter in Insurance and Reinsurance industry offering general recruitment, executive search and headhunting solutions to our Clients in Singapore and Asia. Please apply the positions (General, Life, Broking & Reinsurance) via


Insurance and Reinsurance: Head of Financial Lines



1. Develop Asia Pacific Strategy for Financial Lines and build portfolio according to Business Plan

2. This is a start-up role and requires sharp business acumen to grow and steer a profitable book of business

3. Conduct and develop effective relationship with MRS London demonstrating excellent technical and soft skills required for the position

4. Conduct and develop effective relationships within Lloyd’s, both with peers and with Brokers, with a view to securing new business that falls within the Syndicate portfolio

5. Support Class underwriter in London to calculate quarterly Realistic Disaster Scenario (“RDS”) reporting

6. Provide Analytical Support as follows:

  • Monitor underwriting performance. As a minimum, this includes; gross/net premium, claims paid/outstanding/incurred and loss ratio
  • Assess and report on underwriting market conditions and the likely impact to the current business plan
  • Ensure that Written/Anticipated premium is in line with Booked premium

7. Ensure that company procedures and systems are followed and maintained, as per procedures and compliance manuals.

8. Ensure that underwriting takes place within the agreed authority criteria, otherwise to obtain authorisation from the Class underwriter in London.

9. Ensure that all contract certainty issues are addressed for all relevant risks;

10. Ensure that all rules and regulations, as prescribed by the MAS and Lloyd’s are complied with, especially those relating to the underwriting function.

11. Review slips and/or other information/literature, exercising own judgment to ensure the Financial Lines account remain within Underwriting business plan and adheres to authority limits.

12. Perform an independent and objective peer review function for other underwriting classes;

13. To liaise with and provide assistance (when required) to Finance department in respect of credit control, to ensure the timely recovery of premiums due and outstanding



1. Work cooperatively and flexibly with other members of the team with a full understanding of the role to be played as a team member.

2. Communicate clearly and persuasively, both orally and in writing.

3. Get things done well and the ability to set and meet challenging goals, create own measures of excellence and constantly seek ways of improving performance.

4. Analyse situations, diagnose problems, identify the key issues, establish and weigh up alternative courses of action and produce a logical, practical and acceptable solution.

5. Adapt and work effectively in different situations and to carry out a variety of tasks.

6. Take constant care in looking after the interests of external and internal customers. Ensure that their wants, needs and expectations are given due consideration and that all efforts are made to meet them wherever fair and reasonable, in line with any standards from an industry regulator.

7. The ability to decide on courses of action, ensure that the necessary resources are available and schedule the work required to achieve a defined result in a desirable manner.

8. Share knowledge about the role you perform fully and willingly with others, where this is relevant, in the interests of the organisation.

9. Take responsibility for your own career and actively support ‘continuing professional development.

10, The capacity to understand the business opportunities and priorities of the organisation and constantly seek methods of ensuring that the organisation continues to be business-like and continues to meet the standards and requirements of its regulators.


Remuneration will commensurate with qualifications and working experience.

Please send in your Cover Letter and Resume in MS Word format with photo and state your current and expected salary to [Click Here to Email Your Resume]

Alternatively, you can apply other positions via

We regret that only shortlisted candidates will be notified and all CVs will be kept strictly private and confidential.

EA: 16C7962

Company Overview
CandidateAsia Group Pte Ltd