Underwriter,Engineering Job Singapore,Insurance

Job Summary

HDI Global SE Singapore is seeking an experienced Underwriter to support the management and development of the Engineering Line of Business.

You will be responsible for underwriting a broad range of engineering risks, including project business, Completed Engineering Civil Risks (CECRs), and operational renewable energy risks, while ensuring profitable growth, underwriting discipline, and compliance with internal guidelines and regulatory requirements. The role also involves supporting portfolio management, business development, and mentoring junior team members.

Responsibilities

Underwrite engineering risks across project and operational phases, including CECRs and renewable energy risks, in accordance with underwriting guidelines and authority limits
Analyse new business and renewal submissions, assess risk exposures, and determine referral requirements
Develop pricing strategies using actuarial models, rating tools, and market data to ensure profitability
Manage underwriting acceptance, monitoring, and control for the Engineering portfolio in line with HDI Global mandates
Collaborate with internal stakeholders including Home Office, Risk Engineering, and Claims teams to enhance underwriting decisions and strategies
Build and maintain strong relationships with brokers, clients, and (re) insureds to support new business generation and portfolio retention
Support the development and implementation of marketing strategies for Engineering lines of business
Identify new business opportunities and contribute to product development to meet customer needs
Monitor portfolio performance, including risk exposures, profitability, and market trends, and recommend corrective actions where necessary
Prepare regular and ad hoc underwriting and portfolio reports for management review
Maintain accurate underwriting documentation, policy administration, and electronic filing systems in accordance with company standards
Participate in underwriting meetings, industry events, and stakeholder engagements as required
Provide coaching, training, and technical guidance to junior underwriters
Ensure compliance with internal guidelines, underwriting frameworks, and regulatory requirements

Requirements

Degree or Diploma in any discipline, preferably in Engineering or a related field
Minimum 4 years of relevant experience in Engineering or specialty lines underwriting
Possesses or is working towards a recognised insurance qualification (e.g. ACII, AAII, ANZIIF, SCI)
Strong knowledge of engineering insurance risks, including project and operational exposures
Demonstrated underwriting, analytical, and portfolio management capabilities
Strong communication and interpersonal skills, with the ability to build relationships with stakeholders
Ability to work independently while collaborating effectively within a team environment
Proficient in Microsoft Office applications and underwriting tools

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Underwriter, Engineering