Marine Insurance Underwriter
Job Summary
Responsibilities
- Assess marine insurance applications by reviewing risk details relating to vessels cargo trade routes operations and coverage requirements.
- Prepare quotations policy terms endorsements renewals and other underwriting documentation in accordance with internal guidelines.
- Analyze supporting documents claims histories survey reports and other relevant information to identify potential risk exposures.
- Liaise with brokers clients and business partners to obtain additional information and clarify underwriting requirements.
- Support senior underwriters in evaluating more complex marine risks and structuring appropriate insurance solutions.
- Monitor existing policies and renewal accounts to ensure timely review follow-up and continuation of coverage.
- Maintain accurate underwriting records policy data correspondence and documentation within internal systems.
- Track portfolio performance claims experience and market developments to support underwriting decisions and risk selection.
- Coordinate with claims operations finance and other internal teams on policy administration and account-related matters.
- Build knowledge of marine insurance products underwriting practices regulatory requirements shipping activities and emerging maritime risks.
Requirements
- Diploma or bachelors degree in Insurance Business Finance Maritime Studies Economics or a related discipline.
- Fresh graduates or candidates with up to 2 years of relevant experience in insurance underwriting shipping logistics maritime services or a related field are welcome.
- Good numerical analytical and problem-solving skills with the ability to interpret risk information and supporting documentation.
- Strong communication and interpersonal skills with the confidence to work with brokers clients and internal stakeholders.
- Detail-oriented organized and proficient in Microsoft Office applications with a keen interest in developing a career in marine insurance underwriting.
Required Skills:
Requirements Diploma or bachelors degree in Insurance Business Finance Maritime Studies Economics or a related discipline. Fresh graduates or candidates with up to 2 years of relevant experience in insurance underwriting shipping logistics maritime services or a related field are welcome. Good numerical analytical and problem-solving skills with the ability to interpret risk information and supporting documentation. Strong communication and interpersonal skills with the confidence to work with brokers clients and internal stakeholders. Detail-oriented organized and proficient in Microsoft Office applications with a keen interest in developing a career in marine insurance underwriting. Clarence Khoh R