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Marine Insurance Underwriters (Maritime)

Descriptions & Duties

  • Marine Insurance Underwriters (Maritime) provide marine insurance to the necessary clients. Their expertise is to ensure that their clients are protected against unforeseen losses and casualties.

Generic Competencies

Physical Abilities

Physical abilities

  • Physical strength
  • Eye hand coordination / precision / dexterity

 

Importance:1 (Max:5) 

Skill is rarely required

 

Technology Skills

Technology skills

  • Computer literacy
  • Application of technology

 

Importance:3 (Max:5) 

Skill is basically required

 

Cognitive Abilities

Cognitive abilities

  • Creativity
  • Visualisation
  • Logical thinking

 

Importance:3 (Max:5) 

Skill is basically required

 

Comprehension And Expression

Comprehension and expression skills

  • Reading comprehension
  • Oral / written expression

 

Importance:3 (Max:5) 

Skill is basically required

 

Social Skills

Social skills

  • Communication
  • Negotiation
  • Persuasion

 

Importance:4 (Max:5) 

Skill is frequently required

 

Organisation And Execution Skills

Organisation and execution skills

  • Planning
  • Organising
  • Judgement
  • Decision making

 

Importance:4 (Max:5) 

Skill is frequently required

 

Problem Solving Skills

Problem solving skills

  • Ability to solve simple and complex problems effectively and efficiently

 

Importance:4 (Max:5) 

Skill is frequently required

 

Management Skills

Management skills

  • Leadership
  • Management of finance / time / people / other resources

 

Importance:4 (Max:5) 

Skill is frequently required

 

Trade Specific Competencies

Professional knowledge and skills in maritime services

Marine Insurance Underwriters (Maritime) must always apply professional knowledge and skills in maritime services to solve issues and problems at work.

Knowledge in marine insurance

Marine Insurance Underwriters (Maritime) must be able to prepare insurance documents for clients.

General Requirements

Academic qualification

  • A higher diploma or a bachelor's degree in insurance, maritime studies, or related disciplines; marine law education background is preferable

Experience

  • 3 to 5 years of relevant experience

Career Path & Salary

Private Sector

Monthly Salary $15,000-$35,000

Monthly Salary $20,000-$70,000

Monthly Salary $30,000-$90,000

Monthly Salary $70,000-$160,000

Related Education & Training

Work Environment

  • Marine Insurance Underwriters (Maritime) typically work in offices. They generally work within normal office hours.

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