Underwriting Manager

STEAMSHIP P&I MANAGEMENT (SINGAPORE) PTE. LTD.
About the company
Steamship Mutual is a P&I insurance company, with 206 employees worldwide. The main office is based near Liverpool street station, London. We have offices in Bermuda, Brazil, Cyprus, Greece, Hong Kong, Japan and Singapore.
Job title: Underwriter
Location: Central
Permanent
Senior Executive
Insurance
• \t5 years +experience
• \tSalary $29,500 to 29,800
• \tResponsibility for underwriting Members in Southeast Asia, Japan, and Australasia.
• \tManage the development of the business within assigned areas of responsibility and identify areas of additional service that will add value to the Member/Club relationship within agreed parameters of existing and potential business.
• \tTo handle underwriting tasks in line with company procedures.
• \tTo initiate loss prevention action where necessary.
• \tTo produce required Management Reports as necessary.
• \tTo operate effective risk management and credit controls.
• \tFor implementation of Underwriting policy within authorised parameters.
• \tTo provide effective communication of underwriting issues within the assigned underwriting team. To allocate monitoring and supervision of underwriting work to ensure that service levels are met.
• \tTo ensure all members of the assigned underwriting team adhere to companywide operating procedures.
• \tTo assist and help to develop team knowledge and skills - CPD.
• \tTo conduct annual appraisals of direct reports (with Head of Underwriting for Syndicate)
• \tTo assist the Managing Director for Asia Pacific, Head of Underwriting, and Chief Commercial Officer in identifying and planning business targets and to execute on the same, building the book of business in line with the Company aims.
• \tTo liaise closely with existing Members, prospective targets, and the broking community in advancing the Company aims.
• \tTo encourage and support an environment where a process of continuous improvement can flourish and foster the Company culture.
• \tTo ensure that all files confidential records, are maintained in accordance with company policy.
• \tTo attend training and to develop relevant knowledge and skills.
• \tTravel will be required as necessary both regionally and to our global office network.
• \tRepresentation at industry events and speaking requirements where necessary.
Person Specification:
• \tProven Underwriting management experience gained from working at another P&I Club and/or marine insurer, marine insurance broker or shipowner.
• \tThe ability to mentor and inspire team members, including the ability to develop underwriting expertise, training, and development.
• \tOutstanding communication skills, including negotiating, presenting, and reporting (written and verbal)
• \tYou will be a thought leader with the ability to acquire new business, develop existing business relationships both internally and externally.
• \tBe aware of current market issues, well-connected and able to build relationships with brokers and Members.
• \tDegree educated.
• \tEligibility to work in Singapore preferred or alternatively a willingness to relocate.
• \tProactive and able to use own initiative.
What you will get:
• \tJoining our collaborative, supportive and friendly working environment, you will enjoy a rewarding career with the opportunity to build on your existing skills and knowledge.
• \tWe offer great work life balance initiatives, including competitive hybrid working policy.
• \tClear and transparent career pathway - offering you continued support with enhancing your skills and creating employment development opportunities.
• \tAn attractive benefits package which includes, private healthcare.
• \tWe also provide competitive health subsidy, and access to our comprehensive wellbeing and savings programme throughout the year, to create an environment that supports everyone's mental and physical health.
Company Values
Mutuality - ensuring fairness amongst Club Members
Integrity - upholding high ethical, legal, and regulatory standards
Safety and Sustainability - contributing to safety of life at sea and the preservation of the environment.
Transparency - building strong relationships based on trust and open communication.
Excellence - enabling our people to realise their full potential as team members, industry experts, leaders, and managers.
Collaborative - embracing flexibility, diversity, and inclusivity.
Skills
Negotiation, Microsoft office, risk assessment, data analysis, business analysis, financial acumen, underwriting, customer focus, pricing , reinsurance, interpersonal skills, attention to detail. P&I experience
Steamship Mutual is a P&I insurance company, with 206 employees worldwide. The main office is based near Liverpool street station, London. We have offices in Bermuda, Brazil, Cyprus, Greece, Hong Kong, Japan and Singapore.
Job title: Underwriter
Location: Central
Permanent
Senior Executive
Insurance
• \t5 years +experience
• \tSalary $29,500 to 29,800
• \tResponsibility for underwriting Members in Southeast Asia, Japan, and Australasia.
• \tManage the development of the business within assigned areas of responsibility and identify areas of additional service that will add value to the Member/Club relationship within agreed parameters of existing and potential business.
• \tTo handle underwriting tasks in line with company procedures.
• \tTo initiate loss prevention action where necessary.
• \tTo produce required Management Reports as necessary.
• \tTo operate effective risk management and credit controls.
• \tFor implementation of Underwriting policy within authorised parameters.
• \tTo provide effective communication of underwriting issues within the assigned underwriting team. To allocate monitoring and supervision of underwriting work to ensure that service levels are met.
• \tTo ensure all members of the assigned underwriting team adhere to companywide operating procedures.
• \tTo assist and help to develop team knowledge and skills - CPD.
• \tTo conduct annual appraisals of direct reports (with Head of Underwriting for Syndicate)
• \tTo assist the Managing Director for Asia Pacific, Head of Underwriting, and Chief Commercial Officer in identifying and planning business targets and to execute on the same, building the book of business in line with the Company aims.
• \tTo liaise closely with existing Members, prospective targets, and the broking community in advancing the Company aims.
• \tTo encourage and support an environment where a process of continuous improvement can flourish and foster the Company culture.
• \tTo ensure that all files confidential records, are maintained in accordance with company policy.
• \tTo attend training and to develop relevant knowledge and skills.
• \tTravel will be required as necessary both regionally and to our global office network.
• \tRepresentation at industry events and speaking requirements where necessary.
Person Specification:
• \tProven Underwriting management experience gained from working at another P&I Club and/or marine insurer, marine insurance broker or shipowner.
• \tThe ability to mentor and inspire team members, including the ability to develop underwriting expertise, training, and development.
• \tOutstanding communication skills, including negotiating, presenting, and reporting (written and verbal)
• \tYou will be a thought leader with the ability to acquire new business, develop existing business relationships both internally and externally.
• \tBe aware of current market issues, well-connected and able to build relationships with brokers and Members.
• \tDegree educated.
• \tEligibility to work in Singapore preferred or alternatively a willingness to relocate.
• \tProactive and able to use own initiative.
What you will get:
• \tJoining our collaborative, supportive and friendly working environment, you will enjoy a rewarding career with the opportunity to build on your existing skills and knowledge.
• \tWe offer great work life balance initiatives, including competitive hybrid working policy.
• \tClear and transparent career pathway - offering you continued support with enhancing your skills and creating employment development opportunities.
• \tAn attractive benefits package which includes, private healthcare.
• \tWe also provide competitive health subsidy, and access to our comprehensive wellbeing and savings programme throughout the year, to create an environment that supports everyone's mental and physical health.
Company Values
Mutuality - ensuring fairness amongst Club Members
Integrity - upholding high ethical, legal, and regulatory standards
Safety and Sustainability - contributing to safety of life at sea and the preservation of the environment.
Transparency - building strong relationships based on trust and open communication.
Excellence - enabling our people to realise their full potential as team members, industry experts, leaders, and managers.
Collaborative - embracing flexibility, diversity, and inclusivity.
Skills
Negotiation, Microsoft office, risk assessment, data analysis, business analysis, financial acumen, underwriting, customer focus, pricing , reinsurance, interpersonal skills, attention to detail. P&I experience
JOB SUMMARY
Underwriting Manager

STEAMSHIP P&I MANAGEMENT (SINGAPORE) PTE. LTD.
Singapore
8 days ago
N/A
Full-time
Underwriting Manager