Senior Executive, Marine

Income-Insurance-Limited; Singapore; On-site; SGD 120,000 - 200,000; Full time

Job summary

Income-Insurance-Limited in Singapore seeks a marine underwriting and reinsurance leader to drive profitability and growth across core marine lines. The role combines technical underwriting, treaty management, client and broker relationships, and digital transformation, with oversight of policy administration and risk analytics to strengthen the marine portfolio.

Key responsibilities include pricing, risk assessment, and collaboration with brokers and internal teams to ensure sound risk

Responsibilities

• Underwriting and pricing new and renewal H&M and Cargo business within delegated authority limits.
• Managing complex and high-value marine risks, including project cargoes, bulk cargo, pleasure craft, and bluewater vessels.
• Handling the full facultative reinsurance process (both inward and outward) in line with the company's risk appetite.
• Driving business growth by building strong relationships with brokers, intermediaries, and key clients to achieve revenue and profitability targets.
• Overseeing policy administration, including policy issuance, endorsements, certificates, and coordination with internal teams and clients.
• Supporting digital transformation initiatives, including marine portal development, user acceptance testing (UAT), and training intermediaries on new systems.
• Maintaining accurate underwriting records, renewal schedules, and compliance databases.
• Providing technical expertise, guidance, and training to distribution teams, intermediaries, and internal stakeholders.
• Monitoring outstanding premiums and collaborating with the actuarial team on reinsurance treaty renewals.

Job description

Key responsibilities include:

• Underwriting and pricing new and renewal H&M and Cargo business within delegated authority limits.
• Managing complex and high-value marine risks, including project cargoes, bulk cargo, pleasure craft, and bluewater vessels.
• Handling the full facultative reinsurance process (both inward and outward) in line with the company's risk appetite.
• Driving business growth by building strong relationships with brokers, intermediaries, and key clients to achieve revenue and profitability targets.
• Overseeing policy administration, including policy issuance, endorsements, certificates, and coordination with internal teams and clients.
• Supporting digital transformation initiatives, including marine portal development, user acceptance testing (UAT), and training intermediaries on new systems.
• Maintaining accurate underwriting records, renewal schedules, and compliance databases.
• Providing technical expertise, guidance, and training to distribution teams, intermediaries, and internal stakeholders.
• Monitoring outstanding premiums and collaborating with the actuarial team on reinsurance treaty renewals.

Overall, the role combines marine underwriting expertise, reinsurance management, business development, operational oversight, stakeholder engagement, and digital transformation leadership to support the growth and profitability of the marine insurance portfolio.