Job title: Marine Underwriter (Facultative)
Job type: Permanent
Emp type: Full-time
Skills: Marine Underwriting Risk Assessment Insurance Pricing Reinsurance Treaty Business Market Analysis Business Development Claims Advisory Portfolio Management Regulatory Compliance Underwriting Guidelines Risk Evaluation IT System Administration Negotiation Skills Communication Skills Interpersonal Skills Regional Market Knowledge ACII FCII Team Collaboration Strategic Planning Trend Research Marine Insurance Exposure Costing Underwriting Strategy Endorsement Processing Insurance Regulations Insurance Portfolio Steering Marine Claims Reinsurance Strategy Travel Flexibility. Ask ChatGPT
Salary: Negotiable
Location: SG
Job published: 30-07-2025
Job ID: 43302

Job Description

֎ High-Impact Regional Exposure

֎ Career Growth & Specialization  

֎ Collaborative & Dynamic Environment

As a Marine Underwriter - Facultative, you will be responsible for the following duties:

  • Assess risk exposures and evaluate risk quality to determine appropriate insurance coverage, including risk pricing and related underwriting requirements.
  • Identify and cultivate new business opportunities to expand the portfolio.
  • Take on additional responsibilities as assigned, particularly those related to reinsurance operations.
  • Conduct market research and monitor reinsurance trends to support the development of effective business strategies.
  • Ensure accurate administration of all transacted business, including processing endorsements, maintaining records in the IT system, and generating necessary reports.
  • Provide expert advice on claims-related matters.
  • Collaborate effectively with cross-functional teams to achieve overall company objectives.
  • Perform desk-based risk evaluations and proactively seek clarifications or additional information from cedants or brokers when necessary.
  • Analyze exposure, determine pricing, and set underwriting terms and conditions to maintain long-term profitability.
  • Review and manage the portfolio to optimize performance in alignment with the company’s risk appetite.

Requirements:

  • Minimum 5 years of underwriting experience in the insurance/reinsurance industry, with regional exposure and strong market knowledge.
  • Familiarity with Treaty Business underwriting is advantageous; professional certifications such as ACII/FCII are preferred.
  • Willingness to travel as required for business and client engagements.

To apply, simply click on the “apply” button in the job advertisement or alternatively, you can send in your resume via email
Email Address: APPLY@ALLIEDSEARCH.COM.SG

We regret to inform that only shortlisted candidates will be notified.

ALLIED SEARCH PTE. LTD.
EA LICENSE :        19C9777