Marine Cargo Underwriter: Risk & Pricing Expert

Recruit Express Pte Ltd; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

Recruit Express Pte Ltd is seeking a Marine Underwriting Executive (General Insurer) in Singapore. The role focuses on supporting underwriting and renewal of Marine Cargo insurance, assessing risks within authority, and preparing quotations and rating information for brokers and intermediaries.

The position requires knowledge in Marine Insurance or General Insurance, strong numerical and analytical abilities, and a clear interest in pricing and portfolio management.

Qualifications

• Relevant experience or knowledge in Marine Insurance, Marine Cargo, Underwriting or General Insurance would be advantageous.
• Good numerical and analytical skills with an interest in risk assessment, pricing and portfolio management.

Responsibilities

• Support the underwriting and renewal of Marine Cargo insurance, including reviewing risk information and preparing underwriting recommendations.
• Assess and underwrite straightforward marine risks within assigned authority and guidelines, ensuring appropriate pricing, terms and profitability.
• Prepare quotations and marine rating information; follow up with brokers and intermediaries on new business, renewals and mid-term policy changes.
• Coordinate policy issuance by providing complete underwriting instructions and documentation; conduct sanctions checks and review policies and broking slips for accuracy.
• Monitor portfolio performance, loss ratios, large claims and risk control activities; support facultative reinsurance requirements where necessary.
• Maintain underwriting records and statistics; prepare monthly reports and analyse portfolio and market developments for business reviews.

Skills

Marine insurance knowledge

Analytical skills

Underwriting

Job description

Recruit Express Pte Ltd is seeking a Marine Underwriting Executive (General Insurer) in Singapore. The role focuses on supporting underwriting and renewal of Marine Cargo insurance, assessing risks within authority, and preparing quotations and rating information for brokers and intermediaries.

The position requires knowledge in Marine Insurance or General Insurance, strong numerical and analytical abilities, and a clear interest in pricing and portfolio management.