10 Marine Underwriter jobs in Singapore

This is an exciting opportunity to take on a senior role within a reputable insurance company.

• Underwrite non-marine insurance policies for complex commercial risks across Asia.
• Manage relationships with brokers and coordinate information flow between internal functions and external parties.
• Negotiate with customers to achieve favourable terms.
• Review proposals and make recommendations for acceptance.
• Provide accurate documentation and ensure timely transactions processing.
• Develop skills and knowledge to enhance work quality and achieve KPIs.

• At least 12 years' experience in insurance underwriting for large/complex commercial risks, with specific experience in Asia essential.
• Degree in engineering or a related discipline (ideal).
• Insurance qualification/Membership of Chartered Insurance Institute (UK) or equivalent.
• Knowledge of commercial insurance underwriting process and market practices.
• Understanding of reinsurance concept and practices.
• Ability to interpret insurance conditions, clauses, and warranties.
• Ability to identify and analyse data for evidence-based decision-making.

• Professional growth and development opportunities.
• A dynamic and challenging work environment.
• The chance to work with a reputable insurance company.

Responsibilities:

• Evaluate and underwrite marine cargo insurance risks in accordance with company guidelines and risk appetite.
• Analyze submissions, pricing, and coverage terms to develop tailored solutions for brokers and clients.
• Build and maintain strong relationships with brokers, agents, and other market partners.
• Monitor portfolio performance and profitability, making data-driven decisions to manage risk exposure.
• Contribute to product development and support strategic initiatives within the Marine division.
• Stay current on industry trends, regulations, and developments in marine cargo and logistics sectors.

Requirements:

• Basic Degree/Diploma in Business or Maritime with CGI
• Minimum 4 years’ experience in Marine insurance underwriting with direct intermediary engagement / technical underwriting.
• Knowledge of Marine insurance operations, underwriting procedures and understanding in Marine Cargo classes, products and policy wordings.
• Understanding of risk assessment, laws and legislation in relation to the marine insurance industry.

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

Job Description

Assist the Head and work with own Team Leader and members to:

• Review and prepare underwriting / renewal information
• Prepare Marine Raters for discussion with Team Leader / Head.
• Underwrite simpler risk and maintain a profitable book of Marine Cargo business.
• Prepare quotation slips after finalization with Team Leader / Head
• Attend to queries or mid-term changes from existing accounts
• Liaise with intermediaries and follow up on new quotations and renewals
• Ensure timely and proper passing down of instructions to Policy Administration with the required information / documentation.
• Ensure that sanction checks are conducted.
• Handle the checking of policies and broking slips
• Update and maintain the records, schedules, statistics, etc.
• Assist the Head, own Team Leader to compile, analyze and prepare monthly reports required for monthly meetings and business reviews.
• Ensure that an acceptable pricing and terms is dertermine within own 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.
• Stay current on competition, underwriting environment, and market conditions and to share findings and updates with all members of the team as appropriate.

Job Requirement

• 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 leading a small team.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)

By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates to collect, use and disclose your personal data for the purposes set out in the Privacy Policy available at . You acknowledge that you have read, understood, and agree with the Privacy Policy.

Job Title: Assistant Executive/Executive

Roles and Responsibilities

Key Responsibilities:

• Liaise with clients, intermediaries, surveyors/adjustors, handling agents, overseas Principals.
• Manage correspondence and attend meetings with clients/intermediaries when required.
• Upon claims notification, gather relevant customers' details, arrange surveys and contact settling agents if needed.
• Create claim files/checklist and check policy/reinsurance/treaty arrangements before confirming underwriting acceptance.
• Send Acknowledgment Letter and request necessary claims documents from clients/intermediaries.
• Prepare and dispatch PLA/Cash-Call Advice; follow up with reinsurers for payments.
• Draft LLA/MLR for approval and ensure reserves are timely and accurate.
• Maintain and review diary dates of 'live' files and ensure proper bring-up dates before archiving.
• Verify premium payment before processing claims and liaise with Finance on payment delays.
• Forward claims with strong recovery prospects to Claims Recovery Agents and actively follow up on recovery action.
• Update records for exceptional claims (e.g. ex-gratia payments, large losses) and related recoveries.
• Review and escalate claims exceeding authority to HOD/Senior Management for approval before notifying Customers, Settling Agents, etc.
• Review files regularly, compile monthly/quarterly statistics as needed
• Conduct UAT for Marine Claims module.
• Carry out duties assigned by management.

Skills and Qualifications

Required Skills:

• Report Writing
• UAT
• Reserves
• Archiving
• Underwriting
• Project Management
• Statistics
• Surveys

Benefits

Interested candidates, do submit your resume.

We are seeking a Marine Claims Specialist to join our team. The successful candidate will be responsible for investigating and processing marine insurance claims from first notice to final settlement.

• The ideal candidate will have excellent communication skills, the ability to work independently, and strong analytical skills to investigate and resolve complex claims.
• They will also need to liaise with policyholders, intermediaries, investigators, surveyors, adjusters, and 3rd party claimants on claims matters.
• Maintaining high levels of customer service is essential, ensuring accuracy in Marine policy documentation.

To be successful in this role, you will need:

• Excellent investigation and analytical skills
• Strong communication and interpersonal skills
• Ability to work independently and as part of a team
• Familiarity with Microsoft Excel and other software applications
• Relevant experience in general insurance or a related field

We offer a dynamic and supportive work environment, opportunities for career growth and development, and a competitive salary and benefits package.

If you are a motivated and organized individual with a passion for claims management, we encourage you to apply for this exciting opportunity.

Responsibilities

Assist the Head and work with own Team Leader and members to:

• Review and prepare underwriting / renewal information.
• Prepare Marine Raters for discussion with Team Leader / Head.
• Underwrite simpler risk and maintain a profitable book of Marine Cargo business.
• Prepare quotation slips after finalization with Team Leader / Head.
• Attend to queries or mid-term changes from existing accounts.
• Liaise with intermediaries and follow up on new quotations and renewals.
• Ensure timely and proper passing down of instructions to Policy Administration with the required information / documentation.
• Ensure that sanction checks are conducted.
• Handle the checking of policies and broking slips.
• Update and maintain the records, schedules, statistics, etc.
• Assist the Head, own Team Leader to compile, analyze and prepare monthly reports required for monthly meetings and business reviews.
• Ensure that an acceptable pricing and terms is determined within own 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.
• Stay current on competition, underwriting environment, and market conditions and to share findings and updates with all members of the team as appropriate.

Requirements:

• Minimum 2-4 years’ experience in Marine insurance underwriting with direct intermediary engagement / technical underwriting / maritime.
• 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 leading a small team.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)

By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates to collect, use and disclose your personal data for the purposes set out in the Privacy Policy available at You acknowledge that you have read, understood, and agree with the Privacy Policy.

Job Responsibilities:

· Develop and strengthen relationships with key international insurance companies and brokers.

· Research and analyze insurance products, including freight, property, and credit insurance.

· Monitor global insurance market trends and emerging developments.

· Design customized insurance programs (freight, warehousing, credit) aligned with the company's commodity trading and mining investment activities, focusing on cargo and counterparty risk management.

· Optimize existing insurance programs and ensure effective implementation by leveraging international insurance resources.

· Review and assess insurance contract terms for accuracy and risk coverage.

· Participate in the negotiation, finalization, and renewal of insurance contracts.

· Manage the end-to-end insurance claims process, including submission, tracking, and resolution.

· Adhoc tasks and projects as assigned

Job Requirements

· Minimum Diploma in a related discipline

· Minimum 5 years of relevant experience

· Able to start immediately or within short notice

Interested candidates, kindly email your detailed resumes in MS word format to

Attention to Joseph Koh Wei Jie (R1873431)

Shortlisted candidates will be notified

EA Registration Number: R1873431

Data provided is for recruitment purposes only

Business Registration Number: 200611680D. License Number: 10C5117

Job Responsibilities:

· Develop and strengthen relationships with key international insurance companies and brokers.

· Research and analyze insurance products, including freight, property, and credit insurance.

· Monitor global insurance market trends and emerging developments.

· Design customized insurance programs (freight, warehousing, credit) aligned with the company’s commodity trading and mining investment activities, focusing on cargo and counterparty risk management.

· Optimize existing insurance programs and ensure effective implementation by leveraging international insurance resources.

· Review and assess insurance contract terms for accuracy and risk coverage.

· Participate in the negotiation, finalization, and renewal of insurance contracts.

· Manage the end-to-end insurance claims process, including submission, tracking, and resolution.

· Adhoc tasks and projects as assigned

Job Requirements

· Minimum Diploma in a related discipline

· Minimum 5 years of relevant experience

· Able to start immediately or within short notice

Interested candidates, kindly email your detailed resumes in MS word format to

Attention to Joseph Koh Wei Jie (R1873431)

Shortlisted candidates will be notified

EA Registration Number: R1873431

Data provided is for recruitment purposes only

Business Registration Number: 200611680D. License Number: 10C5117

This is a rewarding opportunity to work as a Marine Claims Specialist in our company. As part of our team, you will be responsible for processing marine claims, ensuring that all documentation is correctly collected and analyzed. You will also review cargo insurance policy terms and conditions to ensure that coverage is accurately assessed.

• Providing instructions to surveyors and ensuring all documentation is correctly collected.
• Analysing survey reports and reviewing cargo insurance policy terms and conditions.
• Assessing and adjusting assigned claims and producing narrative reports and invoices to insurers.
• Pursuing subrogated claims against liable third parties and maintaining good relationships with clients.

• Good command of verbal and written communication skills.
• Minimum Diploma & above with analytical mind and good logical reasoning.
• Relevant experience or knowledge in cargo claims will be an advantage but not a must.
• Proficient in Microsoft Office.

• A competitive salary package and opportunities for career growth and development.
• A dynamic and supportive work environment with a team of experienced professionals.
• The chance to work on challenging projects and make a real impact in the industry.