Marine Underwriter (Cargo) - Singapore River
Our partner is a general reinsurer incorporated and registered in Singapore.
Marine Underwriter (Cargo)
Summary: To assess, price, and manage marine insurance risks while ensuring compliance with company guidelines and contributing to portfolio profitability and business development in line with the company's overall strategy.
Key Responsibilities:
- To analyse risks and their exposures for assessment of risk quality and insurance coverage, including pricing of risks and the other related requirements.
- To identify and develop new sources of business.
- To ensure compliance with company guidelines in the underwriting of the Marine business.
- To take on other assigned roles and responsibilities relevant to the reinsurance business.
- To research the trends of reinsurance markets and participate in developing business strategies.
- To ensure proper administration of Marine business transactions, including follow-up actions for endorsement, registration in the IT system and reporting.
- To provide advice on claims matters.
- To cooperate with other teams in the pursuit of company targets.
- Be able to carry out a desk-top evaluation of a risk and, where necessary, seek relevant information clarification from the cedant/broker.
- Be able to cost the exposure and set other terms and conditions to ensure long-term profitability.
- Be able to evaluate and steer the portfolio to enhance results and to fit the company’s risk appetite.
Requirements:
- Minimum 3-5 years of experience in the insurance/ reinsurance industry as a Marine Underwriter
- Regional underwriting experience with strong knowledge of relevant markets
- Experience and market knowledge in Treaty business will be an advantage
- Fluent in spoken and written English
- Strong oral and written communication with excellent negotiation skills
- Effective interpersonal skills, approachable and a team player
- ACII/FCII or equivalent professional qualification is an advantage
- Willingness to travel as required
John Koh
Quess Selection & Services
EA Licence Number: 23C2060
Registration ID is R1110099
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