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Marine Underwriter (Facultative)

Salary undisclosed

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Requirement

  • 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
  • Fluent English spoken and written is essential
  • 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
  • Willing to travel

Responsibilities

Main Responsibilities include but not limited to 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.

Requirement

  • 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
  • Fluent English spoken and written is essential
  • 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
  • Willing to travel

Responsibilities

Main Responsibilities include but not limited to 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.