林仁吉 JJ LIN

Senior Vice President of Fire & Engineering Insurance Department

Cathay Financial Holdings

→

Cathay Century Insurance/Fire & Engineering Insurance Department

Job Title

Senior Vice President of Fire & Engineering Insurance Department

                                      #Construction
                          #Insurance
                          #Architecture & Construction
                                    

← All mentors

PERSONAL BIO

In 2007, during the establishment of Cathay's Shanghai subsidiary, JJ assumed the role of head of the underwriting department, overseeing comprehensive underwriting across all lines of business. Through various managerial roles in Taiwan, including Manager of Fire Insurance Underwriting Section and Manager of Fire Insurance Claims Section, JJ honed skills vital to both underwriting decisions and claims management.

JJ's journey at Cathay Century Insurance continued to evolve, with notable appointments as Manager of Specific Business Marketing Department and the Manager of subsidiary overseas preparatory office in China from 2010 to 2014. This diverse experience positioned JJ to take on the current role as the Senior Vice President of the Fire and Engineering Insurance Department in Taiwan, a position of strategic importance where JJ is responsible for making crucial underwriting decisions and shaping overall business strategies.

WORK EXPERIENCE AND AWARDS

【Work Experience】

Cathay Century Insurance
- Senior Vice President of Fire & Engineering Insurance Department, Taiwan (2015 - present)
- Manager of Specific Business Marketing Department, Taiwan (2013 - 2014)
- Manager of Fire Insurance Claims Section, Taiwan (2012 - 2013)
- Manager of Fire Insurance Underwriting Section, Taiwan (2010 - 2012)
- Manager of subsidiary overseas preparatory office, China (2007 - 2009)

【Achivements】

Qualifications for property insurance, fire insurance underwriting personnel

EDUCATIONAL BACKGROUND

Bachelor in Risk Management and Insurance, Tamkang University, Taiwan

INSTRUCTION LANGUAGES

Mandarin
English

Job Positions

Brief Introduction of the Department

【Fire and Engineering Insurance Department- Engineering Line Division】

The Engineering Line combines expertise in both engineering and insurance. The scope of responsibilities is broad and the primary tasks include risk assessment, insurance quoting, policy issuance, market information gathering, and related decision-making. The insurance products offered aim to protect the insured's equipment or address various risks that may arise during the life cycle of engineering projects, encompassing both property losses and liabilities.

With the development of renewable energy, Engineering Line has long been attentive to the issues for energy transition. Such as solar, offshore wind power, Battery Energy Storage Systems (BESS) etc., fall within the scope of Engineering Line. That reflects our commitment to supporting sustainable development and environmental protection. In the process of risk assessment and the energy transition, Underwriters have gained enhanced professional capabilities and experience, advance with the times.

Department Staff Number

- 5-10 people

Internship Job Description

Engineering insurance underwriting is a specialized field within the insurance industry that focuses on assessing and managing risks associated with construction and engineering projects. As an underwriter in this domain, professionals play a pivotal role in evaluating the potential risks and liabilities associated with various construction ventures.

The primary responsibility of an engineering insurance underwriter involves analyzing project details, such as design specifications, construction methods, and the overall scope of work. By carefully scrutinizing these factors, underwriters determine the level of risk associated with a project and establish appropriate insurance coverage and premiums. In addition to risk assessment, underwriters collaborate closely with engineers, project managers, and other stakeholders to gather essential information and ensure a comprehensive understanding of the project. They also stay informed about industry trends, regulatory changes, and emerging technologies to make informed decisions and provide valuable insights to clients. Furthermore, effective communication and negotiation skills are crucial in this role, as underwriters need to convey complex risk assessments to clients and brokers while ensuring a fair and competitive insurance package.

In conclusion, engineering insurance underwriting is a dynamic and challenging profession that requires a combination of technical knowledge, analytical skills, and effective communication. Professionals in this field contribute significantly to the success of construction projects by mitigating risks and providing essential financial protection.

Preferred Intern Education Level

- undergraduate students

Preferred Intern Skill Sets or Qualities

- Good communication skill
- Good reaction ability
- Engineering, physical or chemistry related discipline background preferred

Others

- Salaries (subsidies) provided
- Benefits not provided