Marine Underwriting (Insurance Industry, Maritime/Shipping, 6k) (ID: 695905)

Responsibilities:

• Collaborate with Team Leader and members to review and prepare underwriting and renewal information.
• Underwrite simpler risks to maintain a profitable portfolio of marine business.
• Prepare marine raters for discussions with the team and management.
• Address inquiries and manage mid-term changes for existing accounts.
• Liaise with intermediaries and follow up on new quotations and renewals.
• Ensure proper passing of instructions to Policy Administration with all necessary documentation.
• Conduct sanction checks as required.
• Check policies and broking slips for accuracy.
• Maintain records, schedules, and statistics effectively.
• Assist in compiling, analysing, and preparing monthly reports for business reviews.
• Determine pricing and terms within underwriting authority, ensuring compliance with guidelines for new business and renewals.
• Monitor loss ratios through account stewardship, loss control activities, and follow up on large claims.
• Evaluate facultative reinsurance needs and coordinate within underwriting and risk control guidelines.
• Stay informed about competition, market conditions, and underwriting environments, sharing insights with the team.

Requirements:

• Relevant experience in marine insurance underwriting with direct intermediary engagement.
• Solid understanding of marine insurance operations and underwriting procedures.
• Candidates with no prior experience but relevant degree is welcome to apply
• Familiarity with marine classes, products, and policy wording.
• Awareness of risk assessment, laws, and legislation related to the marine insurance sector.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (Persol Singapore PTE LTD)

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