Zurich Insurance

Global insurer providing property, casualty, life

Marine Underwriter - Zurich Asuransi Indonesia

UnderwritingUpdated on Nov 14

Full-timeJakarta, IndonesiaNo salary listedIn-person

About the Job

Requirements

A bachelor's degree in Insurance, Maritime Studies, Transportation & Logistics, Business Administration, Finance, Risk Management, or a related field is required.
At least 2 years of experience handling Marine Insurance products is required.
Strong analytical and problem-solving skills are required.
Excellent negotiation and stakeholder management abilities are required.

Responsibilities

Review and assess Marine Cargo, Marine Hull, and Marine Liability insurance submissions.
Analyze risk exposures and determine appropriate coverage terms, conditions, and pricing.
Evaluate survey reports, loss histories, and supporting documentation for underwriting decisions.
Make recommendations on risk acceptance, modification, or declination in line with underwriting guidelines.
Analyze claims trends and loss ratios to recommend underwriting improvements.
Support business development initiatives to achieve premium growth targets.
Participate in negotiations regarding coverage terms, premiums, and risk capacity.

Job Summary

Responsible for evaluating and underwriting Marine Cargo, Marine Hull, and Marine Liability risks, ensuring portfolio profitability, providing technical underwriting support, and maintaining strong relationships with brokers, agents, and corporate clients.

Job Qualifications

Required:

- Bachelor's Degree in Insurance, Maritime Studies, Transportation & Logistics, Business Administration, Finance, Risk Management, or a related field.

- At least 2 years of experience handling Marine Insurance products.

- Strong analytical and problem-solving skills.

- Strong analytical and problem-solving skills.Excellent negotiation and stakeholder management abilities.
- Excellent negotiation and stakeholder management abilities.

Job Accountabilities - Key Accountabilities

Review and assess Marine Cargo, Marine Hull, and Marine Liability insurance submissions.
Analyze risk exposures and determine appropriate coverage terms, conditions, and pricing.
Evaluate survey reports, loss histories, and supporting documentation for underwriting decisions.
Make recommendations on risk acceptance, modification, or declination in line with underwriting guidelines.
Analyze claims trends and loss ratios to recommend underwriting improvements.
Support business development initiatives to achieve premium growth targets.
Participate in negotiations regarding coverage terms, premiums, and risk capacity.

About the Company

Zurich Insurance

Global insurer providing property, casualty, life

Zurich Insurance Group provides global multi-line insurance for individuals, families, small and mid-sized businesses, public entities, and multinational corporations in more than 200 countries. Its Property & Casualty arm covers personal lines like car and home, plus a wide range of commercial coverages (property, casualty, motor fleet, marine, construction, energy, financial lines, international programs); its Life business offers protection, savings, retirement, and unit-linked products. The Farmers Group manages Farmers Exchanges in the United States. The company also provides risk engineering and prevention services to help customers reduce risk and build climate resilience, with products sold through agents, brokers, bank partners, and direct channels. Its goal is to provide financial protection and risk management solutions that help customers manage uncertainty and build resilience over the long term.

Company size: 10,001+
Company stage: IPO
Headquarters: Zurich, Switzerland
Founded: 1872

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