Marine Insurance Broker

Latitude Brokers Pte Ltd; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading company in marine insurance is seeking an Associate Broker to manage direct and reinsurance broking. The role requires a detail-oriented individual with experience in general insurance, including marine lines. Responsibilities include supporting brokers, managing ongoing policies, and liaising with various stakeholders to enhance business relationships.

Benefits

Comprehensive Medical Insurance

20 days annual leave

Training by industry experts

Exciting development potential

Qualifications

• 1 year experience in General Insurance, preferably in Marine.
• Organised, detail-focused, and team player.
• Able to communicate accurately and effectively with business partners.

Responsibilities

• Direct and Reinsurance Broking within the marine insurance sector.
• Supporting Brokers with producing slips and documenting insurance policies.
• Building and maintaining relationships with insurers, reinsurers, and cedants.

Skills

Detail-focused

Organizational Skills

Communication

Willingness to learn

Education

Degree in relevant subject

Certificate in General Insurance

Tools

MS Word

Excel

Outlook

Job description

ROLE:Associate Broker

PRINCIPAL DUTIES (include but shall not be limited to the following):

• Direct and Reinsurance Broking within the marine insurance sector.

• Marine lines including but not limited to;

  • H&M, IV, LOH, War

  • P&I, Charterers Liability, Defence (FDD), Delay

  • Builders Risks / Terminal Operators / Ship Repairers Liabilit

• Supporting Brokers with producing slips, closing and accurately documenting insurance policies.

• Managing ongoing policies re Addenda, declarations etc with the Broker in charge of the account

• Proper filing and housekeeping of policy documents in the appropriate SharePoint folders

• Adhering to Latitude compliance procedures including KYC, anti-money laundering, corruption and bribery and sanctions checking.

• Ensuring you conduct business in accordance with the MAS regulations.

• Ad hoc duties as and when required.

• Liaising with Latitude staff in other countries and fostering team spirit across network of global offices.

• Building and maintaining relationships with insurers, reinsurers and cedants

• Building network to raise Latitude's profile with clients and insurers

PROFILE

• Priority will be given to holders of Certificate in General Insurance (BCP, PGI, ComGI Exams)

• 1 year experience in General Insurance, preferably in Marine

• Degree in relevant subject preferred

• Organised, detail-focused, and team player

• Computer literate, proficient in MS Word, Excel and Outlook

• Able to communicate accurately and effectively with business partners via emails and phone

• Strong desire and willingness to learn and progress

OFFER

• Permanent job

• Salary negotiable

• Comprehensive Medical Insurance

• 20 days annual leave

• Training by industry experts

• Exciting development potential