Senior Underwriter – Hull & Machinery (H&M) & Protection & Indemnity (P&I)
msamlin
| Company | msamlin |
| Category | Finance |
| Location | Singapore (Twenty Anson) |
| Remote | — |
| Employment | Not stated |
| Level | Senior |
| Salary | Not stated by the employer |
| Posted | 20 Jul 2026 |
| Last verified | 10 Aug 2026 |
| Source | Employer ATS (workday) |
Description
Position Overview
We are seeking an experienced Senior Underwriter specializing in Hull & Machinery (H&M) and Protection & Indemnity (P&I) risks. The successful candidate will be responsible for underwriting complex marine risks, managing key market relationships, and achieving profitable portfolio growth.
Key Responsibilities
• Underwrite new business and renewal accounts for H&M and P&I risks.
• Assess vessel exposures, ownership structure, trading operations, claims history, and risk information.
• Determine appropriate underwriting terms, conditions, deductibles, and pricing.
• Manage complex vessel and fleet portfolios across international markets.
• Develop and maintain strong relationships with brokers, shipowners, operators, and cedants.
• Negotiate renewals and new business opportunities to achieve underwriting objectives.
• Monitor portfolio performance, profitability, and risk accumulation.
• Work closely with claims, loss prevention, and reinsurance functions.
• Provide technical guidance and support to underwriting colleagues.
• Contribute to underwriting strategy and business development initiatives.
Requirements
• Minimum 15 years of marine underwriting experience.
• Strong technical expertise in Hull & Machinery and Protection & Indemnity underwriting.
• Proven experience handling complex vessel and fleet accounts.
• Strong knowledge of international shipping operations and marine insurance markets.
• Excellent risk assessment, negotiation, and portfolio management skills.
• Established relationships with marine brokers, shipowners, operators, and cedants.
• Strong commercial judgement and track record of profitable underwriting performance.
• Bachelor’s degree in Marine Engineering, Naval Architecture, Maritime Studies, Insurance, Business Administration, Finance, or related discipline preferred.
• Professional insurance qualifications such as ACII, ANZIIF, CPCU, or equivalent are advantageous.
• Experience with Builders’ All Risks (BAR) and Ship Repairers’ Liability (SRL) is an advantage.
Ideal Candidate Profile
A senior marine underwriting professional with over 15 years of experience in H&M and P&I risks, strong market expertise, and the ability to manage complex accounts while delivering sustainable underwriting results.