Marine Insurance Broker (Junior and Senior positions available)

FASTSTREAM RECRUITMENT PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading recruitment firm in Singapore is seeking a Marine Insurance Broker to handle direct and reinsurance broking. The ideal candidate will have at least 2 years of experience in Marine Insurance, particularly in H&M and Cargo, along with relevant qualifications. Responsibilities include managing policies and supporting team brokers to ensure compliance with firm procedures. Strong communication skills are essential.

Qualifications

• At least 2 years of experience in Marine Insurance, preferably in H&M and Cargo.
• Strong communication skills to liaise with clients and underwriters.

Responsibilities

• Handle direct and reinsurance broking within the Marine Insurance sector.
• Support other brokers by producing slips and processing closings.
• Manage ongoing policies in coordination with the responsible Broker.

Skills

Communication skills

Attention to detail

Networking

Education

Certificate in General Insurance (BCP, PGI, ComGI)

Relevant degree

Job description

Key Responsibilities

• Handle direct and reinsurance broking within the Marine Insurance sector, covering lines such as H&M, IV, LOH, War, P&I, Charterers Liability, Defence (FD&D), Delay, Builders Risks, Terminal Operators, and Ship Repairers Liability.
• Support other brokers in the team by producing slips, processing closings, and accurately documenting insurance policies.
• Manage ongoing policies, including addenda and declarations, in coordination with the Broker responsible for the account.
• Ensure compliance with the firm's procedures, including KYC, anti-money laundering, anti-bribery and corruption, and sanctions checks, as well as MAS regulations.
• Build and maintain strong relationships with insurers, reinsurers, and cedants, while expanding networks to enhance the firm\'s profile with clients and insurers.

Requirements

• Certificate in General Insurance (BCP, PGI, ComGI) preferred.
• At least 2 years of experience in Marine Insurance, preferably in H&M and Cargo.
• Relevant degree strongly preferred.
• Strong communication skills to liaise professionally with clients and underwriters via email and phone.
• Demonstrated eagerness to learn, develop, and progress within the marine insurance sector.

*Only candidates with working rights in Singapore will be considered.

Phoebe Woo (R25142324)
Senior Recruitment Consultant - Marine
Faststream Recruitment Pte Ltd, EA License no: 09C3403