Facultative Underwriting Expert

3 days ago


Singapore ALLIED SEARCH PTE. LTD. Full time
About the Role

This is an exciting opportunity for an experienced Marine Underwriter to join our team and contribute to our continued success. As a Marine Underwriter - Facultative, you will be responsible for analyzing risks and exposures, identifying new business opportunities, and developing strategies to drive growth.

You will work closely with other teams to ensure the smooth administration of business transactions and provide expert advice on claims matters. The ideal candidate will have worked in the insurance/reinsurance industry for more than 5 years as an Underwriter with regional responsibilities and good knowledge of markets. ACII/FCII or equivalent qualifications would be an advantage.

Responsibilities

The key responsibilities of this role include:

  • • Analyze risks and its exposures for assessment of risk quality and insurance coverage including pricing of risks and other related requirements.

  • • Identify and develop new sources of business.

  • • Take on other assigned roles and responsibilities relevant to reinsurance business.

  • • Research on the trends of reinsurance markets and participate in developing business strategies.

  • • Ensure proper administration of business transacted including follow-up actions for endorsement, registration in IT system and reporting.

  • • Provide advice on claims matters.

  • • Cooperate with other teams in the pursuit of company targets.

  • • Carry out desk-top evaluation of a risk and where necessary seek relevant information clarification from the cedant/broker.

  • • Evaluate and steer portfolio in order to enhance results and to fit company's risk appetite.


Requirements

The successful candidate will have:
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