Senior Executive, Hull & Liability

Singapore, Singapore

Job Description


:

  • Assist Hull & Liability section in performing various risk assessments.
  • To build up new business relationship, analysis profitability of accounts and prepare quotations and other correspondence for new enquires.
  • Assists in negotiation of premium rates & policy terms for new/renewal policies.
  • Ensure all premiums are promptly paid within the stipulated premium payment warranty
  • Review risk acceptability to make subjective decisions based on underwriting guidelines; ensuring standards for compliance and regulations are met
  • Identify trends and opportunities, develop and service main accounts
  • Develop on-going relationships with intermediaries and business partners for new business growth and renewal retention, ensuring a profitable book of marine business
  • Review and update marine product offerings, value-added services, underwriting guidelines etc.
  • Handles enquiries as required and support other members of the team and work closely with producers to achieve department targets
  • Seek treaty support clearance and approval for sanction countries.
  • Arrange reinsurance placement when amount exceed treaty capacity.
  • Performs other functions or tasks assigned from time to time.
  • Any other jobs assigned by the company

Requirements:
  • Diploma / Degree holder preferably in insurance or shipping/logistics discipline / ANZIIF or ACII
  • 3+ years working experience with substantial experience gained within marine insurance industry
  • Good working knowledge of underwriting, product rating and pricing methodology
  • Established customer/broker relationships
  • Extensive knowledge of relevant market conditions for specific class/portfolio
  • Thorough understanding of class specific underwriting and reinsurance knowledge
  • Ability to lead, coach and develop team members
  • Strong knowledge of legal and regulatory requirements
  • Ability to analyse data and use for decision-making
  • Strong attention to detail

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Job Detail

  • Job Id
    JD960067
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned