Marine - Senior UW, 50 - 60K

Salary
HK$- HK$ - Per Month
Location
Hong Kong, Hong Kong
Type
Permanent
Published
Mar 18, 2025
Ref
159178
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We are seeking an experienced Senior Marine Underwriter to join our team in Hong Kong. This role involves underwriting Marine business for the Hong Kong market, with a primary focus on Cargo products. The successful candidate will be responsible for underwriting both new and renewal business, ensuring profitability and compliance with underwriting guidelines. Strong relationships with brokers are essential, as the role requires close collaboration to drive business growth and maintain a competitive edge in the market. The ideal candidate should be an independent underwriter with a deep understanding of the Marine insurance sector and proven experience in managing a diverse portfolio. This position offers a salary of HKD 720,000 per year.

Responsibilities

  • Underwrite new and renewal Marine insurance business, primarily focusing on Cargo products.
  • Ensure underwriting decisions align with company policies, regulatory requirements, and risk appetite.
  • Develop and maintain strong relationships with brokers to drive business growth and secure profitable opportunities.
  • Assess risk exposures and provide appropriate pricing strategies to maintain a healthy portfolio.
  • Collaborate with internal teams to ensure seamless service delivery and underwriting efficiency.
  • Monitor market trends and competitor activities to maintain a competitive position in the Marine insurance sector.
  • Provide technical guidance and support to junior underwriters where necessary.

Requirements

  • Proven experience as a Marine Underwriter, with a strong focus on Cargo insurance products.
  • Excellent understanding of Marine insurance underwriting principles, policies, and risk assessment techniques.
  • Ability to work independently and make sound underwriting decisions.
  • Strong relationships with brokers and a well-established network within the insurance industry.
  • Strong analytical and problem-solving skills, with a detail-oriented approach to underwriting.
  • Excellent communication and negotiation skills, with the ability to influence and build strong partnerships.
  • Familiarity with regulatory requirements and compliance processes within the Hong Kong insurance market.

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