Insurance Broking Executive - General Insurance

PLACEMENT PROFESSIONALS; Singapore; On-site; SGD 47,000 - 54,000; Full time

Benefits offered by this job

AWS

Performance Bonus

16 Days Annual Leave

Flexi Benefits

Job summary

PLACEMENT PROFESSIONALS in Singapore is seeking an Insurance Broking Executive - General Insurance at Raffles Quay. You will provide insurance broking assistance and coordinate placements for clients, understanding their needs and presenting coverage options.

Role requires Diploma/Degree in Business or Maritime Studies, proficiency in MS Excel/Word, and CGI certification (training provided). Permanent, on-site, Monday to Friday with a salary up to SGD 4,500 base plus AWS, bonus, 16 days leave

Qualifications

• Diploma or Degree in Business, Maritime Studies or a related discipline.
• Proficient in Microsoft Excel, Word and general office applications.
• CGI certification will be required if not possessed, with fees sponsored by the company.

Responsibilities

• Provide insurance broking assistance and coordinate appropriate insurance placements for clients.
• Work closely with clients to understand their insurance needs and recommend coverage options.
• Obtain underwriting details from clients and forward to insurers to secure quotations and terms.
• Evaluate quoted premiums, coverage terms, and policy conditions before advising clients.
• Monitor clients’ statements of account and follow up on outstanding premiums.
• Track upcoming policy renewals and coordinate to ensure renewal before expiry.
• Perform other related insurance broking and client-servicing duties.

Skills

Attention to detail

Communication

Education

Diploma/Degree in Business or Maritime Studies

Tools

Microsoft Excel

Microsoft Word

Office applications

Job description

• Position: Insurance Broking Executive - General Insurance
• Location: Raffles Quay
• Working hours: Monday to Friday (8:45am - 6pm)
• Salary
  (commensurate with experience): Up to $4,500 Monthly Basic Salary + AWS
  (1 Month) + Performance Bonus + 16 Days Annual Leave + Flexi Benefits
• Duration: Permanent
• Industry: Insurance Broking

Main Responsibilities

• Provide insurance broking assistance and coordinate appropriate insurance placements for clients.
• Work closely with clients to understand their insurance needs and recommend appropriate coverage options.
• Obtain
  necessary underwriting details from clients and forward them to
  insurers or underwriters to secure quotations and coverage terms.
• Evaluate quoted premiums, coverage terms, and policy conditions before advising clients.
• Monitor clients’ statements of account and follow up on any outstanding premium payments as necessary.
• Track upcoming policy renewals and coordinate with clients and insurers to ensure policies are renewed before expiry.
• Perform other related insurance broking and client-servicing duties as assigned.

Requirements

• Diploma or Degree in Business, Maritime Studies or a related discipline.
• Proficient in Microsoft Excel, Word and general office applications.
• Structured on-the-job training will be provided, and candidates without prior insurance broking experience may be considered.
• Candidates
  who do not currently possess the Commercial General Insurance (CGI)
  certification will be required to obtain it, with the course and
  examination fees fully sponsored by the company.

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