Overview
Assistant Underwriter, Marine Jobs in Singapore, Singapore at Chubb
Title: Assistant Underwriter, Marine
Company: Chubb
Location: Singapore, Singapore
Job Description
Purpose of the Role
Reports to Marine & Specialty Manager. You will conduct day to day underwriting and related administrative tasks as part of the Singapore Marine & Specialty team. You will be focusing on all of Chubb’s distribution channels. This is a critical role, as you apply your knowledge and skills to contribute to the overall growth and profitability of the portfolio and P&C department’s overall business goals.
Key Accountabilities & Responsibilities
Assist the Senior Underwriters/Underwriters in underwriting of Marine & Specialty business. Evaluate, accept or reject risk submissions (including endorsements) in accordance with Chubb underwriting guidelines and authority level. To refer for higher authority review where required
Assist team in formulating and implementing Multinational Global Programs along with rest of Chubb team and producers to best tailor made to insured’s needs.
Developing and maintaining strong relationships with all stakeholders with a proactive solution-driven approach
Upholding a close rapport with producers to obtain necessary underwriting information, promote satisfactory service relationships and encourage renewal retention and submission of targeted business
Develop our market positioning with a multi-line approach mindset
Good understanding of policy administration life cycle, data collection, policy issuance, premium bookings, credit control and other administrative requirements. Coordinating with Chubb teams to ensure valid and timely response
Complying and assisting to both internal and external audits requirements
Assist in training and development of peers
Perform ad-hoc tasks/projects and other related duties as assigned
Qualifications
Required Skills & Experience
Bachelor’s Degree, Business Degree, relevant Insurance qualifications or equivalent
Demonstrated underwriting ability and technical competence as evidenced by a minimum of 1 – 2 years’ underwriting experience or equivalent industry experience.
Good analytical skills and ability to evaluate and judge underwriting risks within designated authority
Effective communication & interpersonal skills to work with all stakeholders (such as clients, brokers, agents & Chubb personnel)
To be self-motivating with a drive for self-improvement and progression
Microsoft Office skills
Keen to learn about new products
Open minded to find new solutions and products or new ways of managing the workload
Knowledge of our products: cargo, freight forwarders liability, inland marine, hull, marine liability, fine arts.