Assistant Manager/Senior Executive, Motor Underwriting

MS FIRST CAPITAL INSURANCE LIMITED; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading insurance firm in Singapore is seeking a professional to manage broker relations and underwriting processes. The ideal candidate holds a degree in relevant fields, has a minimum of 5 years of experience in Motor Insurance, and is proficient in Microsoft Office. This role offers opportunities for professional training and a competitive compensation package.

Benefits

Comprehensive professional training

Sponsorship of professional qualifications

Competitive compensation package

Qualifications

• Minimum 5 years' hands-on experience in Motor Insurance.
• Team management experience preferred but not critical.
• Proficient in Microsoft Office (Word/Excel).

Responsibilities

• Manage ongoing broker relations and expectations.
• Contribute to managing and developing an agreed portfolio of accounts.
• Support negotiation with brokers/customers.

Skills

Motor Insurance

Stakeholder Management

Collaboration

Microsoft Office

Education

Bachelor’s degree in Management/Business Studies, Accountancy, Data Science, Actuarial Studies, Engineering, Mathematics, Statistics or Economics

Job description

Overview

For the past 73 years, MS First Capital has been actively involved in the non-life insurance business both in Singapore and across Asia. Our roots can be traced back to the 1950s where we engaged in writing both personal and commercial lines of non-life insurance business across various classes such as Fire, Engineering, Marine Hull, Marine Cargo, Bond, Professional Indemnity, Motor, Public Liability, Worker\'s Compensation, Personal Accident and other Miscellaneous Accident.

This is a perfect gateway into the highly niche sector of non-life reinsurance, part of Singapore\'s bustling financial services sector. As a wholly-owned entity of the world-renowned Mitsui Sumitomo Insurance (MSI) Group, we are dedicated to developing young talents for our sector.

As a member of our operation leadership team, you can look forward to comprehensive professional training, sponsorship of professional qualifications, a friendly and collaborative culture and a competitive compensation package.

Responsibilities

• Manage ongoing broker relations and expectations in relation to underwriting, co-ordinating and ensuring the flow of relevant and timely information and communication between internal functions and external parties
• Contribute to managing and developing an agreed portfolio of accounts
• Support the negotiation with brokers/customers to achieve favourable terms for the Company
• Provide support to the Underwriters on allocated cases in line with the agreed processes with the necessary senior direction and support
• Where applicable, make balanced and well-reasoned recommendation for acceptance of each case above one\'s authority
• Ensure all requirements are adhered to in accordance with the Company’s capacity and risk appetite as well as applicable legislations
• Ensure transactions are processed within the agreed timeframe
• Guide the allocated processing team to ensure timely and accurate recording of transactions

Requirements

• Min Bachelor’s degree ideally from the discipline of Management/Business Studies, Accountancy, Data Science, Actuarial Studies, Engineering, Mathematics, Statistics or Economics
• Non-graduate candidates will be considered as well based on experience
• At least 5 years’ hands-on experience in Motor Insurance
• Prior working experience in Commercial Fleet Insurance will be a definite advantage
• Holder of BCP/ComGI/PGI certifications from SCI (or higher); where necessary, the Company will provide support and sponsorship for the certifications
• Job title and compensation offered to the final candidate will depend on his/her experience and job fit - salary range indicated in this advert is meant as a guide only
• Team management experience but not critical
• Able to collaborate with colleagues of all levels and manage stakeholders’ expectations
• Proficient in Microsoft Office (Word/Excel)
• Good communication and organisation skills
• Good time management

We regret that only shortlisted candidates will be contacted. We may retain your personal data for as long as it is necessary to fulfil the purposes for which they were collected, or as required or permitted by applicable laws. Should you disagree, please contact our Data Protection Officer [e-mail] for more information on the retention and disposal of your personal data.