Job Description:
- To underwrite all marine classes within authority limit and contribute to the profitable development and growth of the Marine portfolio.
- Analyze underwriting data, loss trends, and claims history to identify potential risks and areas for improvement.
- Drive transformational change and strategic focus by maximizing business value through portfolio optimization, operational efficiency, and risk selection
- · Negotiate fair and profitable terms and conditions with clients, brokers, and other stakeholders.
- Formulate guidelines and execute underwriting strategy.
- Preserve and enhance profitability through product development and enhancement, pricing discipline, competitive analysis, and development of business-enhancing performance metrics and controls
- Train and coach marine employees to ensure they have the required level of expertise, performance, and succession variability.
- Drive business development and execute yearly business, budget planning and delivery of all key metrics
- Support the Head of Department (HOD) with ad-hoc projects.
- Any other tasks assigned by the company.
Requirements:
- The ideal candidate should hold a bachelor’s degree and/or be ANZIFF or ACII certified.
- The candidate must possess a minimum of 10 to 15 years of experience in the marine insurance underwriting industry.
- Extensive existing networks within the Marine Industry and a deep knowledge of the same are essential requirements.
- Excellent communication skills, both written and verbal, are mandatory.
- The candidate should have experience managing people and the ability to motivate a team. Strong people skills and the ability to work independently are crucial.
- The candidate should possess strong analytical skills and be able to evaluate and judge underwriting risks within designated authority.
