Junior Underwriter/Underwriter

3 weeks ago

Singapore Zurich Insurance Full time
Job Title: Junior Underwriter/ Underwriter, Marine

Location: Singapore

The Opportunity:

Are you passionate about marine insurance and eager to advance your underwriting career? Join our team as a Junior Underwriter or Underwriter in the Marine sector with a focus on marine cargo, project cargo, fine art and specie and marine liability business. You will analyze and underwrite new and renewal business, engaging with the market and providing exceptional customer service. Utilizing The Zurich Way of Underwriting Framework, you will handle assignments of moderate technical complexity under limited supervision.

Be part of a global insurance leader committed to innovation, collaboration, and continuous improvement. This role offers a dynamic and supportive environment to grow your expertise and make a significant impact. If you are ready for new challenges, we encourage you to apply.

Key Responsibilities:

  • Administer and monitor underwriting rules, guidelines, rating manual rules, and insurance laws and regulations
  • Develop and maintain relationships with distributors (brokers & agents) to support business retention and new business acquisition
  • Proactively seek renewal and new account opportunities, qualifying accounts to meet the organization's appetite
  • Make broker/customer and on-site calls with a planned and well-prepared purpose
  • Promote the organization's marine products and services to increase penetration with brokers and agents
  • Participate in pipeline meetings and marketing presentations to assigned brokers and agents
  • Calculate target prices accurately using underwriting tools and negotiate terms and conditions
  • Service accounts, handle declinations/cancellations, and resolve technical problems by referring to policies and procedures

Qualifications, Experience & Skills:

  • Bachelor’s degree (or equivalent) with a focus on maritime studies, supply chain management and/or 2 to 5 years of experience in marine insurance
  • Excellent oral and written communication skills
  • Strong knowledge of underwriting philosophy, techniques, and legal and regulatory guidelines
  • Demonstrated ability to effectively assess risk and function in a team environment
  • Strong skills in relationship building, active listening, and win-win negotiating
  • Strong presentation skills and a service-oriented approach
  • Solid knowledge of processing methods, workflow procedures, and basic insurance underwriting and regulations
  • Demonstrated technical knowledge and skills reflective of progression through positions of increasing responsibility

You are the heart & soul of Zurich

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.

People are Zurich’s most important asset. Their varied skills, perspectives and experiences drive innovation. And they reflect the breadth and diversity of our customers, suppliers, communities and investors around the world. We are committed to attracting and retaining talented individuals from a variety of backgrounds and experiences.

Let’s continue to grow together

  • Location(s): [[Singapore]]
  • Remote working: [[Hybrid Working Model]]
  • Recruiter name: [[Ahona Adhikary]]

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