Underwriter, Marine Cargo

A BETTER CO PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A marine insurance company in Singapore is seeking an experienced professional to evaluate and underwrite marine cargo insurance risks. Responsibilities include analyzing submissions and pricing, developing tailored solutions, and building strong relationships with brokers. The ideal candidate should have at least 4 years of marine insurance underwriting experience and a background in business or maritime studies.

Qualifications

• Minimum 4 years’ experience in Marine insurance underwriting.
• Knowledge of Marine insurance operations, underwriting procedures.
• Understanding of risk assessment and legislation in marine insurance.

Responsibilities

• Evaluate and underwrite marine cargo insurance risks.
• Analyze submissions, pricing, and coverage terms.
• Build and maintain relationships with brokers and agents.
• Monitor portfolio performance and make data-driven decisions.
• Contribute to product development within the Marine division.

Skills

Marine insurance underwriting

Risk assessment

Relationship management

Market analysis

Education

Basic Degree/Diploma in Business or Maritime

Job description

Responsibilities:

• Evaluate and underwrite marine cargo insurance risks in accordance with company guidelines and risk appetite.
• Analyze submissions, pricing, and coverage terms to develop tailored solutions for brokers and clients.
• Build and maintain strong relationships with brokers, agents, and other market partners.
• Monitor portfolio performance and profitability, making data-driven decisions to manage risk exposure.
• Contribute to product development and support strategic initiatives within the Marine division.
• Stay current on industry trends, regulations, and developments in marine cargo and logistics sectors.

Requirements:

• Basic Degree/Diploma in Business or Maritime with CGI
• Minimum 4 years’ experience in Marine insurance underwriting with direct intermediary engagement / technical underwriting.
• Knowledge of Marine insurance operations, underwriting procedures and understanding in Marine Cargo classes, products and policy wordings.
• Understanding of risk assessment, laws and legislation in relation to the marine insurance industry.

A Better Co Pte. Ltd. | 24C2350 | Jerlin Aw Bi Zhi | R1218675