- Mon – Fri, 830am – 530pm (Fully on site)
- Reporting to Head of Underwriting
- Willing to travel
- Work Location: Raffles Place
- SGD $6,000 - $18,000
Main Responsibilities include but not limited to 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
- Fluent English spoken and written is essential
- 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
