Marine Insurance Underwriter

Talent-Merge Pte Ltd; Singapore; On-site; SGD 50,000 - 56,000; Full time

Job summary

Zohorecruit in Singapore is seeking an entry-level Marine Insurance Underwriter to assess risk, prepare quotations, and support renewals and policy terms.

You will analyse risk details, engage with brokers and clients, and help underwrite marine risk in line with internal guidelines, while maintaining accurate records in our systems. This role requires strong numerical and analytical abilities, solid communication, and proficiency in Microsoft Office to support underwriting decisions.

Qualifications

• Diploma or bachelor’s degree in Insurance, Business, Finance, Maritime Studies, Economics, or a related discipline.
• Fresh graduates or candidates with up to 2 years of relevant experience 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.

Responsibilities

• Assess marine insurance applications by reviewing risk details.
• 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.

Skills

Numerical skills

Analytical thinking

Problem-solving

Communication skills

Interpersonal skills

MS Office

Education

Diploma or Bachelor’s degree in Insurance, Business, Finance, Maritime Studies, Economics, or related discipline

Tools

MS Office

Job description

Job Information

Salary Range S$4,500 - S$5,000

Job Description

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

Requirements

• Diploma or bachelor’s 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.