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Marine Cargo Underwriter

Marine Cargo Underwriter

TWO SEVEN CONSULTING PTE. LTD.Singapore
7 days ago
Job description

Underwriting Assist the Head and work with own Team Leader

and members 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

  • Ensure timely and proper passing
  • down of instructions to Policy Administration with the required

    information / documentation.

  • Ensure that sanction checks are
  • conducted.

  • 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.

  • Ensure evaluation of facultative reinsurance needs and
  • coordination as necessary within company underwriting and risk

    control guidelines.

  • Stay current on competition, underwriting
  • environment, and market conditions and to share findings and

    updates with all members of the team as appropriate. Channel /

    Relationship Management / Service Standards

  • Develop, maintain and
  • deepen relationships with intermediaries in support of business

    retention and acquisition and works with customers and distributors

    (agents & brokers) to determine their insurance related needs

    and provide solutions.

  • Maintain service standards by timely
  • response to intermediaries' requests and timely receipt of

    collateral and agreements in addition to meeting deadlines on

    submissions of quotations, certificates and / or policies.

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    Marine Marine • Singapore

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