Job Responsibilities:

• Assist the Head in enhanced product development and successful business penetration launch. To grow new and existing business through strengthened account relationships by way of a multi-tier approach.
• Assist the Head in performing territory and distribution channel analyses and planning in order to prioritize allocation of efforts to maximize profitable growth.
• Develop, maintain, review and enhance appropriate Pricing Model and establish Market Price.
• Underwrite and maintain a profitable book of Marine Cargo business.
• Ensure Technical Portfolio Management and conduct remediation for underperforming portfolios.
• Assist the Head to compile, analyze and prepare monthly reports required and present during monthly meetings and business reviews.
• Assist the Head to develop, maintain, review and enhance Underwriting Manual and Policy Wording.
• Assist the Head to ensure that the team determines an acceptable pricing and terms, within their underwriting authority and underwriting guidelines, on new business and renewals.
• Ensure acceptable loss ratio through coordinating account stewardship process, loss control activities, tracking and following up on large claims and related activity as required.
• Ensure evaluation of facultative reinsurance needs and coordination as necessary within company underwriting and risk control guidelines.
• Ensure that sanction checks are conducted.
• Ensure timely and proper passing down of instructions to Policy Administration with the required information / documentation.
• Stay current on competition, underwriting environment, and market conditions and to share findings and updates with all members of the team as appropriate.
• Train, guide and develop junior staff and help them grow within the organization where required.
• Regularly review and evaluate performance of the team to ensure compliance with established company policies and on track to attaining the goals and objectives set, while demonstrating the corporate values

Requirements:

• ACII, ANZIIF or Degree/Diploma in Insurance
• Basic Degree/Diploma in Business or Maritime with CGI
• Minimum 8 years' experience in Marine insurance underwriting with direct intermediary engagement / technical underwriting.
• Good knowledge of Marine insurance operations, underwriting procedures and understanding in Marine Cargo classes, products and policy wordings.
• Good understanding of risk assessment, laws and legislation in relation to the marine insurance industry.
• Experienced in leading a small team.

A Better Co Pte. Ltd. | 24C2350 | Jerlin Aw Bi Zhi | R1218675