Marine Insurance Underwriter - Risk & Quotation Specialist

Tap Growth ai

Singapore

On-site

SGD 50,000 - 56,000

Full time

11 days ago
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Job summary

Tap Growth ai in Singapore is seeking a Marine Insurance Underwriter to assess applications, prepare quotations, and support senior underwriters in risk evaluation. You will liaise with brokers and clients to clarify requirements and maintain accurate records.

Fresh graduates or candidates with up to 2 years' experience in insurance, shipping, or related fields are welcome. The role offers on-site work and opportunities to develop expertise in marine underwriting.

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 related field are welcome.
  • Good numerical, analytical, and problem-solving skills with the ability to interpret risk information.
  • Strong communication and interpersonal skills to work with brokers, clients and internal stakeholders.
  • Detail-oriented, organized and proficient in Microsoft Office with an interest 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 per guidelines.
  • Analyze supporting documents, claims histories, survey reports and other info to identify potential risk exposures.
  • Liaise with brokers, clients and business partners to obtain 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 and continuation of coverage.
  • Maintain accurate underwriting records, policy data, correspondence and documentation in internal systems.
  • Track portfolio performance, claims experience and market developments to support underwriting decisions.
  • Coordinate with claims, operations, finance and other teams on policy administration and account matters.
  • Build knowledge of marine insurance products, underwriting practices, regulatory requirements and emerging maritime risks.

Skills

Numerical skills
Analytical thinking
Problem solving
Communication
Attention to detail

Education

Diploma or Bachelor degree in relevant field

Tools

MS Office

Job description

Tap Growth ai in Singapore is seeking a Marine Insurance Underwriter to assess applications, prepare quotations, and support senior underwriters in risk evaluation. You will liaise with brokers and clients to clarify requirements and maintain accurate records.

Fresh graduates or candidates with up to 2 years' experience in insurance, shipping, or related fields are welcome. The role offers on-site work and opportunities to develop expertise in marine underwriting.

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