Assistant Underwriter

Key Responsibilities

Key Responsibilities
Underwriting & Risk Assessment
•    Assess, price, and underwrite Marine & Specialty risks within delegated authority.
•    Evaluate risk exposures, coverage requirements, policy terms, and pricing adequacy.
•    Ensure underwriting decisions are aligned with company guidelines and risk appetite.
•    Prepare underwriting referrals for risks exceeding authority levels.
•    Maintain underwriting profitability and portfolio quality.
Broker & Client Management
•    Build and maintain effective relationships with brokers, agents, and business partners.
•    Respond to underwriting enquiries, quotations, renewals, and policy amendments in a timely manner.
•    Provide technical advice and insurance solutions to support business growth.
•    Participate in broker visits, presentations, and market engagement activities.
Portfolio Development
•    Support portfolio growth initiatives through new business development and retention of profitable accounts.
•    Monitor market developments, competitor activities, and emerging risks.
•    Assist in portfolio reviews and renewal strategies to improve underwriting results.
Operational Excellence
•    Ensure accurate and timely issuance of quotations, policies, endorsements, and renewals.
•    Maintain high service standards and turnaround times.
•    Contribute to process improvement initiatives to enhance operational efficiency.
Compliance & Governance
•    Adhere to underwriting guidelines, regulatory requirements, and company policies.
•    Maintain proper underwriting records and documentation.
•    Support audit, compliance, and governance requirements as required.

 

•    Bachelor’s Degree in Business, Insurance, Finance, Economics, or related discipline.
•    Minimum 5 years of Marine and/or Specialty underwriting experience.
•    Strong knowledge of Marine Cargo and related Specialty insurance products.
•    Good analytical, negotiation, and risk assessment skills.
•    Strong communication and relationship management capabilities.
•    Ability to work independently and manage multiple priorities.