Seated under the Underwriting (Facultative) Department, this role is to report to the Head of Underwriter. You will be responsible for but not limited to the following:
- To analyze risks and its exposures for assessment of risk quality and insurance coverage including pricing of risks and the other related requirements
- To identify and develop new source of business
- To ensure compliance with company guidelines in the underwriting of Marine business
- To take on other assigned roles and responsibilities relevant to reinsurance business
- To do research on the trends of reinsurance markets and participate in developing business strategies
- To ensure proper administration of Marine business transacted including follow-up actions for endorsement, registration in IT system and reporting.
- To provide advice on claims matters
- To co-operate with other teams in the pursuit of company targets
- Be able to carry out desk-top evaluation of a risk and where necessary seek relevant information clarification from the cedant/broker
- Be able to cost the exposure and set other terms and conditions so as to ensure long-term profitability Be able to evaluate and steer portfolio in order to enhance results and to fit company’s risk appetite.
Requirements:
- Worked in the insurance/ reinsurance industry for more than 5 years as a Marine Underwriter
- Work experience with regional responsibilities and good knowledge of markets
- Underwriting experience and market knowledge of Treaty Business is an advantage
- Excellent oral and written communication with good negotiation skills
- Good interpersonal skills, approachable and a good team player ACII/FCII or equivalent would be an advantage
A Better Co Pte. Ltd. | 24C2350 | Jerlin Aw Bi Zhi |R1218675
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