Underwriter, Commercial Property & Casualty

About the role

Commercial Lines Underwriting at Evergreen Assurance covers property damage, business interruption, public and employees' compensation liability for Hong Kong businesses — cold-storage operators in Kwai Chung, boutique hotels in Kowloon, main contractors on redevelopment sites in Kwun Tong. It is a portfolio you can physically go and look at, which is the part underwriters here tend to enjoy most.

We are recruiting a mid-level underwriter to take over a broker panel from a colleague moving to our reinsurance team. You would inherit live relationships with eight brokers, an existing renewal book of around 240 accounts, and a referral authority that we expect to increase once you have a full renewal cycle behind you.

The team is thirteen strong, sits together in Wan Chai, and works on-site because the surveyor debriefs, the broker drop-ins and the arguments about whether a sprinkler certificate is good enough all happen face to face.

What you'll do

• Underwrite new business and renewals within authority across property, business interruption and casualty lines
• Assess risk survey reports and set terms, conditions, deductibles and risk improvement requirements
• Manage a panel of broker relationships — quote turnaround, negotiation and the honest declines
• Monitor loss ratio and rate adequacy on your book, and act on deterioration before the year-end review does it for you
• Refer and present the accounts above your authority with a recommendation, not just a file
• Support claims colleagues on coverage questions arising from policies you wrote

What we're looking for

• 4+ years' commercial lines underwriting experience in the Hong Kong market
• Sound technical grasp of property, BI and liability wordings, and where the Hong Kong market's standard clauses differ
• Registered as a licensed technical representative (general business) with the Insurance Authority, or immediately eligible
• ANZIIF, ACII or Insurance Intermediaries Qualifying Examination papers completed
• Native Cantonese and business English — brokers switch mid-sentence and so will you

Nice to have

• Construction or engineering line exposure, including contractors' all risks
• Experience underwriting accounts with mainland China exposure
• Working relationships with Hong Kong loss adjusters and risk surveyors

What you get

• Non-contributory MPF top-up above the statutory minimum
• Medical, dental and staff discount on personal insurance lines
• Professional examination sponsorship and study leave for ACII
• 20 days annual leave plus two paid volunteering days