Manager – Marine Underwriting

We are seeking a dynamic and highly motivated individual to join our team as Manager – Marine Underwriting. The role involves evaluating and analyzing marine risks, setting benchmarks for acceptable levels of risk, and providing expert advice on marine takaful policies.

Qualification & Experience Required

• Minimum Bachelor’s degree from a reputable institution
• Minimum 5-7 years of experience in the Takaful/Insurance industry, with a focus on marine underwriting
• Professional certification i.e., Cert-CII or knowledge of shipping / Logistic lines of business is preferable.

Skills Required

• In-depth knowledge of marine takaful products and underwriting principles,
• Diligent, organized, and adept at prioritizing tasks.
• Good interpersonal and negotiation skills
• Good communication skills, both written and verbal
• Strong leadership and team management skills
• Strong analytical, negotiation, and decision-making abilities
• Ability to manage multiple tasks in a fast-paced environment

Job Role

• Supervise marine underwriting
• Review and evaluate marine quotation requests submitted by agents, brokers, or existing clients
• Implementation of best marine underwriting policies and practices, as per company SOPs
• Analyze Takaful needs and prepare proposals for prospective clients
• Ensure accurate pricing of policies based on risk analysis and market conditions
• Monitor the performance of the marine takaful portfolio and maintain a balanced and profitable portfolio in line with company objectives
• Ensure underwriting practices comply with regulatory requirements and company policies
• Maintain strong relationships with clients, brokers, and other stakeholders
• Collaborate with other departments, such as claims and sales, to ensure a seamless customer experience
• Any other work assigned by the reporting authority.