Marine Underwriter

4 days ago

Central Region, Singapore QUESS SINGAPORE Full time $104,000 - $130,878 per year

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

Disclaimer: The company is committed to ensuring the privacy and security of your information. By submitting this form, you consent to the collection, processing, and retention of the information you provide. The data collected (which may include your contact details, educational background, work experience, and skills) will be used solely to evaluate your qualifications for the position you're applying for. Your data will be stored securely and retained for the duration necessary to fulfill our hiring process. If you are not selected for the position, your data will be kept on file for a limited period in case future opportunities arise. You have the right to access, correct, or delete your data at any time by contacting us at Quess Singapore | A Leading Staffing Services Provider in Singapore ()

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