Insurance Broker (H&M)

Focal Search Pte Ltd; Singapore; On-site; SGD 70,000 - 80,000; Full time

Job summary

A leading insurance firm in Singapore is seeking an experienced Marine Insurance Broker to oversee a customer portfolio in the maritime industry. The role involves examining insurance risks, providing tailored options, and managing claims. The ideal candidate will have 5-7 years of experience in marine insurance, strong negotiation skills, and excellent English communication. A bachelor's degree in a related field is preferred. This opportunity offers a chance to work with a dynamic team and secure the best rates for clients.

Qualifications

• Minimum five to seven years of experience in marine insurance brokerage.
• Strong knowledge of P&I, income loss, and marine liabilities.
• Excellent communication skills, both written and spoken.

Responsibilities

• Oversee a customer portfolio in the maritime insurance industry.
• Examine insurance risks for cargo and ships.
• Provide tailored maritime insurance options to clients.

Skills

Marine insurance knowledge

Negotiation skills

Interpersonal skills

Analytical skills

English communication

Education

Bachelor's degree in a related field

Certificate in General Insurance (CGI)

Tools

Office 365 suite

Job description

Responsibilities

• Oversee and cultivate a customer portfolio in the maritime insurance industry.
• Examine insurance risks pertaining to cargo, ships, and other marine operations.
• Work together with clients to comprehend their individual insurance requirements.
• Provide clients with customised maritime insurance options that guarantee sufficient risk coverage.
• Secure the best rates for clients by negotiating marine insurance plans with insurance firms.
• Handle the maritime claims settlement procedure and offer expert counsel.
• Maintain effective management of policies and claims by keeping good working relationships with insurance firms and service providers.
• Keep an eye on the marine insurance industry at all times, looking for new trends and opportunities.

Requirements

• Minimum of five to seven years of demonstrated experience as a marine insurance broker or in a related position within the marine insurance sector.
• Outstanding understanding of marine insurance, including P&I, income loss, marine liabilities, and coverage for ships and cargo.
• Excellent interpersonal and negotiating skills are necessary to work with clients and insurance companies.
• Comprehensive knowledge of the dynamics of the worldwide marine insurance market.
• Analytical skills to evaluate risks and find appropriate coverage options.
• Outstanding English communication abilities, both written and spoken.
• A bachelor's degree in a related field (insurance, maritime commerce, maritime management, etc.) is preferred.
• An advantage will be a network of contacts within the marine insurance sector.
• Applicants having prior insurance brokerage industry job experience (and, if any, reinsurance experience) will be at a distinct advantage.
• Obtain a minimum of a Certificate in General Insurance (CGI) or any other comparable credential accepted by MAS.
• Works with the Office 365 suite from Microsoft.