Marine Insurance Underwriter: Risk Analysis & Solutions

TALENT-MERGE PTE. LTD.

Singapore

On-site

SGD 60,000 - 90,000

Full time

12 days ago
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Job summary

TALENT-MERGE PTE. LTD. seeks a marine insurance underwriting candidate to assess applications, review risk details, and prepare quotations for vessels, cargo, and trade routes.

You will liaise with brokers and clients, support senior underwriters, and maintain records to ensure renewal and coverage continuity. Ideal candidates have a diploma or bachelor’s degree in a related discipline, up to 2 years’ experience, and strong numeracy, communication, and MS Office skills.

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 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.

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.

Education

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

Job description

TALENT-MERGE PTE. LTD. seeks a marine insurance underwriting candidate to assess applications, review risk details, and prepare quotations for vessels, cargo, and trade routes.

You will liaise with brokers and clients, support senior underwriters, and maintain records to ensure renewal and coverage continuity. Ideal candidates have a diploma or bachelor’s degree in a related discipline, up to 2 years’ experience, and strong numeracy, communication, and MS Office skills.

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