Marine Underwriting Manager
JOB DESCRIPTION
- Candidate will be responsible for the growth and profitability of Marine business. In addition, he/she must be willing to learn another major line (e.g. Property) to enhance skillsets and support fellow team members.
- Achieve an optimal and balanced approach to underwriting and ensure risks are underwritten within Company’s stipulated guidelines and protected with adequate reinsurance.
- Underwrite direct and inward policies and where necessary, arrange facultative reinsurance placement and/or obtain treaty special acceptance.
- Reinsurance allocation for direct and inward policies and monitor risk accumulation.
- Review of underwriting results and assist in implementation of appropriate treatments when necessary.
- Review of Underwriting Guidelines and update of policy wordings.
- Provide or collaborate with Marketing Divisions on product/underwriting training for new/enhanced products, where required.
- Handle Marketing queries on referrals and other insurance-related matters and support growth in GWP and Underwriting Profit in line with the strategic business plan.
- Support product development and review including reinsurance support and policy drafting.
- Work closely with other departments to ensure effective overall workflow.
- Extract and collate statistics and reports for Management, Head Office, RHQ, GIA, MAS etc.
- Supervise and provide training for junior underwriter and marketing staff.
- Maintain regular contacts with our business partners so as to help develop business and relationship.
- Any other tasks as assigned by management on ad-hoc basis.
EDUCATION / PROFESSIONAL QUALIFICATION
- Degree in any Discipline
- And/Or other Insurance Related Qualifications
EXPERIENCE
Minimum of 10 years’ underwriting experience.
