Marine Underwriter
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Key skills for this role
About the Role
ROLE PURPOSE: To underwrite a profitable book of Marine Hull and Cargo inward facultative business. KEY ACCOUNTABILITIES: Responsible for achieving International Division’s budget for Marine Hull and Cargo risks.
Key Skills for This Role
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Role Purpose
To underwrite a profitable book of Marine Hull and Cargo inward facultative business.
Key Accountabilities
- Responsible for achieving International Division’s budget for Marine Hull and Cargo risks.
- Underwrite risks that are consistent with Company's underwriting philosophy and risk appetite.
- Develop and maintain strong relationships with business partners (brokers & cedants).
- Renewal management - Ensure the renewal process including negotiations with brokers and cedants are concluded smoothly.
- Ensure excellent service levels are delivered to business partners.
- Actively support in preparation of annual budget for Marine Hull and Cargo lines of business in line with organization’s growth and underwriting philosophy.
- Underwriting thought process and rationales to be properly documented.
- Structured and regular follow ups with business partners on new business enquiries and renewals.
- Interact with other verticals within International Division for cross selling and up selling.
- Ensure Internal Guidelines are fully complied.
- Ensure business is booked in proper and timely manner.
- Contribute in preparation of MIS/ad hoc reports.
- Provide necessary support to other departments such as Claims, Finance, Reinsurance etc.. when required.
Knowledge,Skills & Experience
- Minimum Qualifications and Knowledge: Bachelor’s Degree / ACII/FIII
- Proven marine hull and cargo underwriting experience.
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