Marine Insurance Broker (M17923)
- Full time
- Singapore, Singapore View on Map
- posted 3 hours ago
- Posted: November 7, 2025 -Accepting applications
Job Detail
Job Description
This role involves assessing client needs, negotiating with insurance underwriters, and providing expert advice on marine insurance solutions.
Responsibilities:
- Meet with clients to understand their marine insurance requirements, assess risks associated with their maritime activities, and provide tailored insurance recommendations.
- Stay updated on the latest trends, regulations, and developments in the marine insurance industry, and apply this knowledge to provide informed advice to clients.
- Source and negotiate insurance policies with various underwriters to secure comprehensive and cost-effective coverage for clients’ marine assets, including ships, cargo, and offshore facilities.
- Conduct thorough risk assessments of clients’ maritime operations, considering factors such as vessel type, cargo, routes, and potential hazards, to accurately determine appropriate coverage levels.
- Work with underwriters to customize insurance policies to meet the specific needs of clients, ensuring that all potential risks are adequately covered.
- Assist clients in the event of a claim, acting as an intermediary between clients and insurance companies to expedite the claims process and ensure fair settlements.
- Develop and maintain strong relationships with insurance underwriters, maritime industry professionals, and clients to enhance the brokerage’s reputation and business network.
- Maintain accurate records of client interactions, policies, and transactions, ensuring compliance with industry regulations and internal policies.
Requirements:
- A bachelor’s degree in a relevant field such as Business, Finance, Insurance, or Maritime Studies.
- In-depth understanding of marine insurance products, underwriting practices, and industry regulations to provide expert advice to clients.
- Excellent verbal and written communication skills to interact effectively with clients, underwriters, and other stakeholders.
