About HDI Global SE Singapore
HDI Global SE is part of the Talanx Group, one of Europe's leading insurance groups. With a presence in more than 150 countries through branches, subsidiaries, affiliates and network partners, we provide comprehensive commercial insurance solutions and risk management services to businesses worldwide.
At HDI, we believe our people are key to our success. We offer a collaborative, inclusive and dynamic work environment where innovation, teamwork and professional growth are encouraged. Employees are empowered to contribute ideas, take ownership of their work and play an active role in shaping the future of our organisation.
As we continue to grow and strengthen our presence in the region, we are looking for talented and motivated individuals to join our team in the following role:
Underwriter, Marine Cargo (Singapore)
Purpose of the Role
To underwrite and manage marine cargo risks profitably while maintaining compliance with regulatory requirements, company underwriting guidelines, and portfolio objectives. The role involves evaluating cargo exposures, pricing risks, managing broker relationships, and developing new business opportunities.
Key Responsibilities
Underwriting
- Assess and underwrite new and renewal marine cargo risks.
- Analyse risk exposures, loss histories, coverage requirements, and market conditions.
- Determine pricing, terms, conditions, and coverage structures.
- Ensure underwriting decisions align with delegated authority and company risk appetite.
- Manage portfolio profitability and monitor loss ratios.
Business Development
- Build and maintain relationships with brokers, clients, cedants, and business partners.
- Identify and develop new sources of marine cargo business.
- Support growth initiatives for cargo and project cargo insurance products.
- Participate in broker meetings, client visits, and industry events.
Portfolio Management & Reporting
- Monitor premium growth, claims experience, and underwriting performance.
- Produce underwriting and portfolio reports.
- Review market developments and emerging risks affecting marine trade and transportation.
- Support regional and global business planning activities.
Compliance & Administration
- Ensure compliance with MAS regulations and internal underwriting policies.
- Review policy documentation, endorsements, and contract certainty requirements.
- Maintain accurate underwriting records and systems.
- Assist with premium collection and credit control processes.
Skills & Qualifications
Required
- 5+ years of marine cargo underwriting experience.
- Strong knowledge of marine cargo risks, policy wordings, clauses, and insurance principles.
- Excellent analytical and risk assessment skills.
- Strong negotiation and broker relationship management skills.
- Effective written and verbal communication abilities.
Preferred
- ACII/FCII or equivalent insurance qualifications.
- Regional underwriting experience in Asia.
- Degree in Insurance, Business, Maritime Studies, Finance, Logistics, or related discipline.
