Executive Assistant & Underwriting (Marine Hull)

MS First Capital Insurance Limited; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A non-life insurance company in Singapore seeks an individual for an underwriting support role. Responsibilities include assessing risks, managing operations, and evaluating new business opportunities. Applicants should have a Diploma or Degree in relevant fields and ideally 1-2 years of underwriting experience. However, candidates without direct experience are welcome to apply. Proficiency in Microsoft Office and strong communication skills are essential. The role offers comprehensive training and professional development in a supportive environment.

Benefits

Comprehensive professional training

Sponsorship of professional qualifications

Friendly and collaborative culture

Competitive compensation package

Qualifications

• 1-2 years of relevant experience in underwriting support in the non-life re/insurance industry.
• Candidates without relevant experience are also welcome to apply.

Responsibilities

• Support the underwriting team to assess risks and determine the coverage position.
• Provide preliminary evaluations on new business opportunities and renewals.
• Act as the first point of contact for assigned clients and business partners.
• Manage daily operations in the underwriting department.
• Co-ordinate with the underwriting team and intermediaries to identify business opportunities.

Skills

Microsoft Office (Word/Excel)

Communication skills

Organisational skills

Time management

Team player

Education

Diploma or Degree in Management/Business Studies, Actuarial Studies, Accountancy, Mathematics, Statistical Studies, Engineering or Economics

Job description

Overview

For the past 75 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.

We are a reputable source of cutting-edge insurance options, catering to a diverse range of clients, both individuals and corporate. We are proud that our financial strength rating of 'A (Excellent)' with 'Stable' outlook has been reaffirmed by AM Best, given our consistently impressive financial performance. We are also recently awarded Top 300 Employer by the Singapore Opportunity Index for our effort in creating meaningful career pathways, fostering inclusive growth, and investing in our employees' potential.

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 young talent pool, you can look forward to comprehensive professional training, sponsorship of professional qualifications, a friendly and collaborative culture and a competitive compensation package.

Responsibilities

• Support the underwriting team to assess risks and determine the coverage position
• Provide preliminary evaluations to the underwriting team on new business opportunities and renewals
• First point of contact for assigned clients (cedants) and business partners/intermediaries in service delivery
• Manage daily operations in the underwriting department
• Co-ordinate with the underwriting team and intermediaries to identify potential business opportunities

Requirements

• Diploma or Degree holder ideally from the discipline of Management/Business Studies, Actuarial Studies, Accountancy, Mathematics, Statistical Studies, Engineering or Economics
• 1-2 years of relevant experience in underwriting support in the non-life re/insurance industry
• As we are dedicated to talent development, candidates without the relevant experience are also welcome to apply
• The job title and remuneration offered to the final candidate will depend on his/her experience and fit with our requirements - the salary range serves strictly as a guide
• Proficient in Microsoft Office (Word/Excel)
• Good communication and organisation skills
• Good time management
• Team player
• Due to the volume of applications received, we will only contact shortlisted candidates. 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 at [e-mail] for more information on the retention and disposal of your personal data.