As part of the Talanx Group, HDI Global SE Singapore is a leading insurer that has offered a broad and needs-based range of insurance solutions and accompanying services for decades. HDI operates through foreign branches, subsidiaries and affiliates as well as network partners in more than150 countries.
We offer our employees all of the advantages of an international company by providing a dynamic, modern working environment that continuously challenges and rewards. We place strong emphasis on collaboration, communication, and teamwork, and we encourage our employees to contribute ideas and actively shape the future of our organisation.
Due to our continued growth and expansion, we are now hiring for the following position:
Job Summary
HDI Global SE Singapore is seeking an experienced Underwriting Manager – Engineering to lead the management, development, and profitability of the Engineering Line of Business.
You will be responsible for underwriting strategy, portfolio performance, and team leadership, ensuring alignment with HDI Global underwriting guidelines, governance standards, and business objectives. This role will also support regional business development across Singapore, ASEAN, and the Middle East, while working closely with the Head of Energy, Power and Engineering.
Responsibilities
Underwriting & Portfolio Management
- Lead and manage the Engineering Line of Business, including underwriting acceptance, monitoring, and portfolio steering in accordance with HDI Global mandates and guidelines
- Underwrite Engineering risks across construction and operational phases in line with company philosophy and product standards
- Maintain strong knowledge of business sources, market conditions, and risk exposures to support sound underwriting decisions
- Conduct underwriting reviews to ensure compliance with company objectives, underwriting guidelines, and reinsurance arrangements
- Collaborate with Risk Engineering and Loss Control teams for technical assessments and risk evaluations
- Utilise and maintain catastrophe modelling tools and underwriting systems in accordance with group standards
- Conduct client site visits for risk assessment, loss control, and information gathering purposes
Business Development & Marketing
- Develop and implement underwriting and marketing strategies in collaboration with the Head of Energy, Power and Engineering and senior management
- Build and maintain strong relationships with brokers, clients, and (re)insureds to promote HDI’s underwriting philosophy and capabilities
- Identify and drive new business opportunities and pipeline growth within Singapore and regional markets
- Represent HDI at industry events, conferences, and client engagements
- Support the development of new products and solutions aligned with client needs
Leadership & Team Management
- Lead, mentor, and develop junior underwriters through coaching, referrals, and technical guidance
- Drive underwriting discipline, governance, and consistency across the team
- Support recruitment, training, and succession planning in collaboration with senior management
Performance Management & Reporting
- Monitor and manage portfolio performance, including premium, loss ratios, budgets, and growth forecasts
- Prepare regular reports on underwriting performance, market conditions, and business opportunities
- Provide input into monthly and quarterly management reporting, including quotations won/lost and pipeline tracking
- Participate in weekly underwriting meetings to review portfolio performance and strategic direction
Reinsurance & Governance
- Ensure all risks comply with Engineering treaty scope and reinsurance arrangements
- Manage facultative reinsurance placements where required and obtain special acceptances when necessary
- Apply approved HDI Engineering rating models and underwriting frameworks
- Ensure full compliance with HDI Global underwriting guidelines, governance standards, and audit requirements
Administration & Operations
- Ensure accurate preparation and maintenance of underwriting worksheets, premium calculations, and risk information
- Oversee underwriting documentation, policy wordings, and file management in accordance with company standards
- Maintain proper electronic filing systems and ensure documentation completeness
General Responsibilities
- Collaborate with HDI Global stakeholders worldwide to support international programmes and regional growth initiatives
- Build strong internal relationships across underwriting, claims, risk engineering, and operations teams
- Undertake additional responsibilities as required
Preferred Competencies and Qualifications
- Degree or Diploma in Engineering or a related discipline preferred
- Professional insurance qualifications (e.g. ACII, ANZIIF, or equivalent) are advantageous
- Minimum 10 years of relevant underwriting experience in Engineering, Construction, or Energy lines
- Proven experience in portfolio management and handling complex risks
- Strong leadership and team management capabilities
- Excellent communication, interpersonal, and stakeholder management skills
- Strong commercial acumen with the ability to drive profitable growth