Insurance Broker

1 week ago


Singapore Focal Search Full time $80,000 - $150,000 per year


Responsibilities:

  • Oversee and cultivate a customer portfolio in the maritime insurance industry.
  • Examine insurance risks pertaining to cargo, ships, and other marine operations.
  • Work together with clients to comprehend their individual insurance requirements.
  • Provide clients with customised maritime insurance options that guarantee sufficient risk coverage.
  • Securing the best rates for clients requires you to negotiate marine insurance plans with insurance firms.
  • Handle the maritime claims settlement procedure and offer expert counsel.
  • To guarantee effective management of policies and claims, keep good working relationships with insurance firms and service providers.
  • Keep an eye on the marine insurance industry at all times, looking for new trends and opportunities.

Requirements:

  • Minimum of five to seven years of demonstrated experience as a marine insurance broker or in a related position within the marine insurance sector.
  • Outstanding understanding of marine insurance, including P&I, income loss, marine liabilities, and coverage for ships and cargo.
  • Excellent interpersonal and negotiating skills are necessary to work with clients and insurance companies.
  • Comprehensive knowledge of the dynamics of the worldwide marine insurance market.
  • Analytical skills to evaluate risks and find appropriate coverage options.
  • Outstanding English communication abilities, both written and spoken.
  • A bachelor's degree in a related field insurance, maritime commerce, maritime management, preferred.
  • An advantage will be a network of contacts within the marine insurance sector.
  • Applicants having prior insurance brokerage industry job experience (and, if any, reinsurance experience) will be at a distinct advantage.
  • Obtain a minimum of a Certificate in General Insurance (CGI) or any other comparable credentials accepted by MAS.
  • Works with the Office 365 suite from Microsoft.


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