Broker, Corp Risk & International

PRICE FORBES BROKING (ASIA) PTE. LTD.; Singapore; On-site; SGD 89,000 - 134,000; Full time

Job summary

PRICE FORBES BROKING (ASIA) PTE. LTD. is seeking a seasoned Reinsurance professional to support and grow the Corporate & International Risks portfolios in Singapore and international markets.

The role covers client servicing, risk placement, and development of the reinsurance book, with a focus on compliance and timely execution. You will report to the Head of Corporate & International Risks and may advance the team’s capabilities.

Qualifications

• Minimum 3 years in reinsurance.
• Experience managing client portfolios and placements independently.
• Strong client servicing and stakeholder management.
• General Insurance certification (BCP, PGI, ComGI) is a plus.
• University degree in any field.

Responsibilities

• Support and work with the Head to manage and grow Corporate & International Risks portfolios in Singapore and international markets.
• Identify and act on new business opportunities on direct, wholesale, and facultative bases.
• Facilitate the prompt placement of (re)insurance contracts.
• Provide a quality service to clients and advise on appropriate cover at competitive premiums.
• Engage existing clients to explore further opportunities.
• Ensure compliance with Company Rules and Procedures and regulatory requirements.
• Meet financial and operational targets set by the Department.

Skills

Portfolio management

Client servicing

Communication skills

Detail-oriented

Team player

Education

University degree

General Insurance Certification

Tools

Microsoft Office

Job description

Responsibilities:

• To support and work closely with the Head of Corporate & International Risks to manage and grow the Corporate & International Risks portfolios, including production and placement activities into the Singapore and international markets.
• Deputies for the Head of Corporate & International Risks, in their absence, providing actionable advice and effective management of the business.
• To identify and act upon new business opportunities on a direct, wholesale, and facultative basis which promote the profitable development of the business.
• To participate in the development of the Corporate & International Risks (re)insurance business in line with the Company's plans and targets.
• To facilitate the prompt placement of Corporate & International Risks (re)insurance contracts in accordance with the client's requirements and needs, in a timely manner in accordance with regulatory requirements acting in the best interest of the client and the company at all times.
• To provide a quality service to clients covering all aspects of their (re)insurance arrangements; to advise, arrange, and secure the appropriate cover at a competitive premium.
• To engage existing clients to ascertain if there are further opportunities.
• Support the Head of Corporate & International Risks on:
• The renewal business portfolio
• New business production
• The marketing & placement of risks
• Client Servicing
• Growing the team as we build out our wider Professional & Healthcare Risks capabilities in Singapore
• To meet the financial and operational targets set by the Corporate & International Risks Department.
• To promote effective and regular communication within the Corporate & International Risks Department and with other Departments.
• To promote and ensure compliance with the Company's Rules and Procedures and other management instructions, in particular with regard to:
• The conduct and recording of business
• Confirmations and evidencing of cover
• Recording and filing of all communications and discussions
• The safeguarding of client monies
• The escalation and reporting of breaches, errors & omissions, disputes, and complaints
• Support the liaison with other departments to ensure that a coordinated approach is adopted on matters with cross-company impact.
• Reporting to the line manager in a timely manner to update on the performance and ensure the line manager and Compliance Officer is made aware of:
• Any matter that might expose the Company to a claim, legal action, or regulatory action/investigation.
• Any serious disciplinary cases.
• To ensure sound business practices and an adequate and proactive risk control framework within the team.
• To exercise judgment when reviewing proposals, either new or renewals.
• To maintain up-to-date and orderly files, and ensure documents are saved and files are passed on to others in accordance with Company Rules and Procedures.
• Any other relevant tasks that your line manager may from time to time require you to enact.
• Representing Price Forbes
• Champion the Price Forbes name and core values.
• Collaborative - we build on our own experience of innovation to push boundaries in partnership with clients.
• Tenacious - we are relentless and clear-sighted in our pursuit of new and ground-breaking ideas.
• Creative - we take a fresh perspective on risk, seeking new solutions to the trickiest questions.
• Open - we are open-minded and future-ready, and we embrace uncertainty.
• Represent Price Forbes with clients, agents, suppliers and other organizations.
• Compliance
• Comply with relevant legal, regulatory and compliance requirements, E&O compliance procedures and quality initiatives.
• Escalation of any potential E&O's to Division Head/ Directors at the earliest opportunity.
• Ensure completion of all mandatory Company training and to deadline.
• Your scope of duties is not restrictive and may be expanded at the company's discretion.

Skills & Experience

Essential

• At least 3 Years of Reinsurance experience
• Proven experience managing Client portfolios and handling placements independently.
• Strong client servicing and stakeholde management skills.
• Certification in General Insurance (BCP, PGI& ComGI) is a plus
• University Degree - Any
• Detail-oriented, organized, and able to meet deadlines
• Fluent skills with Microsoft and other office software
• Willingness to learn and adapt in a dynamic and regulated industry
• Strong communication skills, independent, team player and possess 'can do' attitude