Admin Officer for Insurance (1-Year contract)

PLACEMENT PROFESSIONALS; Singapore; On-site; SGD 40,000 - 54,000; Full time

Job summary

Placement Professionals is seeking an Insurance Underwriter to support Motor and Foreign Worker Medical Insurance portfolios. You will handle daily quotation requests and monthly renewal assessments with prompt accuracy.

You will evaluate and underwrite risks per the underwriting guide and internal standards, overseeing the monthly renewal cycle to ensure timely finalisation. A Diploma in any discipline and a minimum of 1 year in the industry are required.

Qualifications

• Diploma holder in any discipline or equivalent.
• Minimum 1 year of experience in relevant industry.

Responsibilities

• Assist with Motor and Foreign Worker Medical Insurance portfolios by handling daily quotation requests.
• Carry out monthly renewal assessments accurately and promptly.
• Evaluate, underwrite, and manage risks per guidelines and compliance standards.
• Oversee the monthly renewal review cycle to finalize renewals within turnaround times.
• Maintain relationships with designated scheme partners, intermediaries, and internal stakeholders.
• Review discrepancies involving declared No Claim Discount and claims experience; follow up as needed.
• Support product review projects and system/brochure wording updates.
• Collaborate with Head of Department to advance revenue growth and profitability.

Education

Diploma holder in any discipline or equivalent

Job description

Key Responsibilities

• Assist with the Motor and Foreign Worker Medical Insurance portfolios by handling daily quotation requests and carrying out monthly renewal assessments accurately and promptly.
• Evaluate, underwrite, and manage risks in line with the Underwriting Guide, relevant Code of Practice, and internal compliance standards.
• Oversee the complete monthly renewal review cycle, including thorough assessment of each policy or account, ensuring all allocated renewals are finalized within the required turnaround times and service standards.
• Establish and maintain effective working relationships with designated scheme partners, intermediaries, and internal stakeholders while providing professional and high-quality service.
• Review and address discrepancies involving declared No Claim Discount (NCD) and claims experience, including conducting the necessary follow-ups with relevant parties.
• Assist with product review projects and support the implementation of approved updates, including system improvements, brochure revisions, policy wording changes, and deployment to business partners.
• Work closely with the Head of Department and/or Manager to advance divisional goals, including revenue growth and overall profitability.
• Handle other ad hoc tasks and responsibilities as directed by management.

EDUCATION / PROFESSIONAL QUALIFICATION

• Diploma holder in any discipline or equivalent

EXPERIENCE & ANY SPECIFIC SKILLS SET REQUIRED

• Minimum 1 years of experience in relevant industry