Senior Underwriter, VP (Marine)

RecruitFirst

Singapore

On-site

SGD 180,000 - 280,000

Full time

13 days ago
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Job summary

RecruitFirst seeks an experienced Marine Underwriter to lead the Marine portfolio, oversee risk acceptance and manage the section for smooth operation. You will steer sales and underwriting strategies to achieve profitable growth and ensure adherence to guidelines.

The role requires strong leadership, over 10 years in underwriting, and the ability to drive renewal terms, risk assessment, and trainer roles for intermediaries and partners.

Qualifications

  • At least 10 years working experience in underwriting or related operation jobs in MNC or local entities
  • Experience and knowledge in underwriting Marine Cargo/Hull business
  • Business-Focused Analysis and ability to deliver business results

Responsibilities

  • Provide leadership and overall management of the Marine section to ensure smooth operation
  • Develop and implement sales and underwriting strategies for the section to achieve profitable growth
  • Achieve yearly sales and profitability budget
  • Underwrite and accept all marine cargo, cargo liabilities and marine hull business in accordance with the assigned underwriting authority limits and within the company's underwriting guidelines and treaty terms
  • Responsible for the placement of facultative reinsurance in accordance with the company's reinsurance security guidelines
  • Review renewal terms and follow up on policy renewal before expiry to achieve good retention of business
  • Arrange and/or conduct training for intermediaries and business partners
  • Participate in credit control and premium management
  • Participate in any ad-hoc projects assigned by Senior Management

Skills

Leadership
Underwriting Expertise
Risk Assessment
Business Acumen
Planning
People Management

Education

Related University or Professional Qualifications

Job description

Responsible for the overall business development, risk acceptance and management of Marine portfolio.

  • Provide leadership and overall management of the Marine section to ensure smooth operation
  • Develop and implement sales and underwriting strategies for the section to achieve profitable growth
  • Achieve yearly sales and profitability budget
  • Underwrite and accept all marine cargo, cargo liabilities and marine hull business in accordance with the assigned underwriting authority limits and within the company's underwriting guidelines and treaty terms. To seek treaty clearance when necessary
  • Responsible for the placement of facultative reinsurance in accordance with the company's reinsurance security guidelines
  • Review renewal terms and follow up on policy renewal before expiry to achieve good retention of business
  • Arrange and/or conduct training for intermediaries and business partners
  • Participate in credit control and premium management
  • Participate in any ad-hoc projects assigned by Senior Management
Requirements
  • Related University or Professional Qualifications
  • At least 10 years working experience in underwriting or related operation jobs in MNC or local entities
  • Experience and knowledge in underwriting Marine Cargo/Hull business
  • Business-Focused Analysis and ability to deliver business results
  • Business Acumen and meticulous in risk assessment
  • Good organization and planning skills
  • Good leadership capability
  • Resourceful, flexible and responsive in dealing with people
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