Tae Hong Min
Property&Casualty Underwriter
319, Tongil-ro, Seodaemun-gu
Summary
More than 5 years in insurance field (2 years as a broker, 3 years as a Property/Casualty Facultative Underwriter), I have raised my skill of evaluating, underwriting Property Insurance risks.
Not only focusing on renewals, I have succeeded to grow our team's Property portfolio (2023 : 11% growth in Net premium, 2024 : 19% growth in net premium).
Excellent communication and negotiation skills with broker, and built long-term client relationships.
Overview
5
5
years of professional experience
6
6
years of post-secondary education
Work History
Underwriter for Property & Casualty
Chubb Korea
Seoul, Seoul
08.2022 - Current
- Property Underwriter in Semiconductor/ Life Science Business
- Major accounts (SK Hynix, LG Display, Samsung Biologistics)
Property Portfolio Growth annual 11% ~19% in Net to UW basis
- Casualty Underwriter in Clean Energy Area
(Operational Solar/Wind plant)
- Underwriting decisions documentation including the evidence of UW complying Company's guideline with applicable regulations.
- Developed strong relationships with brokers, leading to a higher volume of quality submissions and successful underwritings.
- Prompt reply for customers (Brokers) and offered comprehensive explanations of underwriting decisions.
(Re)Insurance Broker
UIB Korea Engineering Team
Seoul, Seoul
01.2020 - 08.2022
- Major projects : Iraq A Project, Russia E Project
- PI, CGL Fronting business for Engineering company's Global project (ex: D Engineering Project in Tanzania, Tajikistan, B Engineering Project in Mongolia)
(Inclusive investing and applying correct law / tax)
- Facultative Reinsurance broker by Korean Cedant (Insurance Company) and other contractors
- Management of the claim
- Ability of adaptation of quick changing market conditions, adjusting client strategies accordingly while maintaining open lines of communication throughout periods of uncertainty.
- Answered inquiries and provided information to sales representatives, distributed appropriate paperwork, and fulfilled quote requests to deliver excellent customer support.
Education
Bachelor of Arts - Spanish Translation and Interpretation, TESOL
Hankuk University of Foreign Studies
Gyeonggi-do, South Korea 05.2014 - 02.2020
Skills
Complying Underwriting guidelines
Analyzing Risk mitigation
Prompt Policy renewal
Data interpretation
Risk assessment
Other Experiences
- 01/01/19 ~ 06/30/19
Vice President, Student Council, Filming Advertisement video for Major., Planning events
- 03/01/18 ~ 12/31/18
Captain, Study-club of Spanish, Tutor for Grammar (Spanish) for Freshmen, Trial Examination making
- 07/01/18 ~ 07/31/18
Participant, CORE Program (Venture / Start-up) contest
-Visit Colombia with special Purpose, Retail Market investigation in Colombia (Bogota / Medellin)
- 07/01/18, 07/31/18
Interpreter/Guide, Descendants of Foreign Veterans for Korean Civil War, Interpretation and guide
Personal Information
- Date of Birth: 07/23/94
- Gender: Male
Language Certificate
Opic, AL(ADVANCED LOW), 05/06/23, 2A5128512310
Timeline
Underwriter for Property & Casualty
Chubb Korea
08.2022 - Current
(Re)Insurance Broker
UIB Korea Engineering Team
01.2020 - 08.2022
Bachelor of Arts - Spanish Translation and Interpretation, TESOL
Hankuk University of Foreign Studies
05.2014 - 02.2020
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