Marine Underwriting Specialist

2 days ago


Singapur, Singapore China Taiping Insurance Full time
Job Summary

As a Senior Underwriting Executive, Marine, you will play a crucial role in the marine insurance underwriting process. Your primary responsibility will be to assist the Hull section in performing various risk assessments, ensuring new business applications are processed accurately and efficiently, and providing timely follow-up and processing of new business applications.

Key Responsibilities
  • Assist in performing risk assessments for marine insurance applications.
  • Process new business applications accurately and efficiently, adhering to company guidelines and regulatory requirements.
  • Provide timely follow-up and processing of new business applications.
  • Follow-up with intermediaries or clients for supporting documents.
  • Evaluate high-risk cases and escalate them to the compliance team.
  • Ensure all premiums are paid within the stipulated premium payment warranty.
  • Identify trends and opportunities, develop and service main accounts.
  • Review and update marine product offerings, value-added services, and underwriting guidelines.
Requirements
  • Degree holder in insurance or shipping/logistics discipline.
  • 3+ years of working experience in the marine insurance industry.
  • Good working knowledge of underwriting, product rating, and pricing methodology.
  • Established customer/broker relationships.
  • Thorough understanding of class-specific underwriting and reinsurance knowledge.
  • Ability to analyze data and use it for decision-making.
  • Strong attention to detail.


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