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Underwriting Executive, Marine Cargo

Underwriting Executive, Marine Cargo

A BETTER CO PTE. LTD.D01 Cecil, Marina, People’s Park, Raffles Place, SG
23 days ago
Job description

Roles & Responsibilities

Responsibilities :

  • Assist the Head and own Team Leader in successful business penetration launch.
  • Work together in the team to grow new and existing business through strengthened account relationships
  • Assist the Head and own Team Leader in performing territory and distribution channel analyses and planning in order to prioritize allocation of efforts to maximize profitable growth.
  • Assist the head to review and prepare underwriting / renewal information.
  • Prepare Marine Raters for discussion with Team Leader / Head.
  • Underwrite simpler risk and maintain a profitable book of Marine Cargo business.
  • Prepare quotation slips after finalization with Team Leader / Head
  • Attend to queries or mid-term changes from existing accounts
  • Liaise with intermediaries and follow up on new quotations and renewals
  • Handle the checking of policies and broking slips
  • Update and maintain the records, schedules, statistics, etc.
  • Assist the Head, own Team Leader to compile, analyze and prepare monthly reports required for monthly meetings and business reviews.
  • Ensure that an acceptable pricing and terms is dertermine within own underwriting authority and underwriting guidelines, on new business and renewals.
  • Ensure acceptable loss ratio through coordinating account stewardship process, loss control activities, tracking and following up on large claims and related activity as required.

Requirements :

  • ACII, ANZIIF or Degree / Diploma in Insurance
  • Basic Degree / Diploma in Business or Maritime with CGI
  • Minimum 2 years’ experience in Marine insurance underwriting with direct intermediary engagement / technical underwriting.
  • Knowledge of Marine insurance operations, underwriting procedures and understanding in Marine Cargo classes, products and policy wordings.
  • Understanding of risk assessment, laws and legislation in relation to the marine insurance industry.
  • A Better Co Pte. Ltd. | 24C2350 | Jerlin Aw Bi Zhi | R1218675

    Tell employers what skills you have

    Microsoft Excel

    Risk Assessment

    Property

    Problem Solving

    Channel

    Underwriting

    Statistics

    Team Leader

    Marine Industry

    Team Player

    Product Development

    Pricing

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    Executive Marine • D01 Cecil, Marina, People’s Park, Raffles Place, SG