Marine Underwriter (Facultative)

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.