Marine Underwriter

1 week ago

Singapore A Better Co Pte. Ltd. Full time $90,000 - $120,000 per year

Seated under the Underwriting (Facultative) Department, this role is to report to the Head of Underwriter. You will be responsible for but not limited to the following:

  • To analyze risks and its exposures for assessment of risk quality and insurance coverage including pricing of risks and the other related requirements
  • To identify and develop new source of business
  • To ensure compliance with company guidelines in the underwriting of Marine business
  • To take on other assigned roles and responsibilities relevant to reinsurance business
  • To do research on the trends of reinsurance markets and participate in developing business strategies
  • To ensure proper administration of Marine business transacted including follow-up actions for endorsement, registration in IT system and reporting.
  • To provide advice on claims matters
  • To co-operate with other teams in the pursuit of company targets
  • Be able to carry out 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 so as to ensure long-term profitability
    Be able to evaluate and steer portfolio in order to enhance results and to fit company's risk appetite.

Requirements:

  • Worked in the insurance/ reinsurance industry for more than 5 years as a Marine Underwriter
  • Work experience with regional responsibilities and good knowledge of markets
  • Underwriting experience and market knowledge of Treaty Business is an advantage
  • Excellent oral and written communication with good negotiation skills
  • Good interpersonal skills, approachable and a good team player
    ACII/FCII or equivalent would be an advantage

A Better Co Pte. Ltd. | 24C2350 | Jerlin Aw Bi Zhi |R1218675

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