Insurance Manager

International Catalyst Services, LLC; Singapore; Hybrid; SGD 60,000 - 90,000; Full time

Job summary

A global insurance leader in Singapore is seeking a talented individual for a hybrid role managing captive insurance clients. Responsibilities include preparing financial statements, ensuring compliance, and mentoring junior staff. Ideal applicants hold a degree with at least 3 years of relevant experience, and a CGI certification is preferred. The firm fosters professional development and inclusive culture.

Benefits

Professional development opportunities

Inclusive culture

Flexible working arrangements

Qualifications

• Minimum 3 years of relevant experience in insurance.
• Experience in underwriting or claims preferred.

Responsibilities

• Manage a portfolio of clients and daily activities.
• Prepare accurate financial statements.
• Ensure compliance with legal and regulatory processes.
• Coach and mentor junior colleagues.

Skills

Client management

Financial statement preparation

Cash and investment reconciliation

GAAP knowledge

Coaching and mentoring

Education

Degree/Diploma

Certificate in General Insurance (CGI)

Job description

We are seeking a talented individual to join our Captives team at Marsh Singapore. This role will be based in Singapore. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:

• Responsible for a portfolio of clients and managing the day to day activities of those captive insurance companies.
• Prepare financial statements in an accurate and timely manner, including supplemental financial information required by the client.
• Ability to manage complex clients in full cycle life accounting.
• Familiar with international clients’ unique rules and regulations.
• Reconciles cash and investment accounts. Prepares bank deposits and cash disbursements.
• Assists clients in the full day to day activities and requests independently and pro-actively.
• Plans and completes the annual audit for clients, which can include preparation of regulatory filings and GAAP financial statements.
• Knowledgeable or highly knowledgeable in GAAP and can speak to and guide clients in evaluating and implementing new principles.
• Ensures legal and regulatory compliance processes and procedures are followed for local accounting and financial reporting. Proactively has conversations with clients on any trending regulatory issues or changes.
• Maintains client files in accordance with regulations and best practices.
• Has clear communication and relationship building skills and can troubleshoot most client relationship scenarios.
• Monitors and documents team and client activities to prevent and detect problems.
• Corresponds with other service providers. Including reviewing, analyzing and discussing any reports provided by the service providers (eg. actuaries, auditors, claims handlers, etc)
• Coach, mentor and assist junior or new colleagues in their roles. Reviews junior colleague work before being sent to clients or other stakeholders.
• Participates in ongoing global projects such as developing best practices or new policy.
• Organizes, plans and leads board and committee meeting materials and be active participant in the annual board of directors’ meeting and other client meetings.
• Performs other job-related duties as assigned.
• Complies with Marsh internal controls and any client specific internal controls.
• Helps establish and implement standardized financial activities and procedures to improve efficiency.
• Solid understanding of insurance, insurance policies and insurance accounting.

What you need to have:

• Degree/Diploma with minimum 3 years of relevant experience.
• Prior experience in underwriting or claims preferred.
• Attained minimum Certificate in General Insurance (CGI) or equivalent. ANZIIF or ACII will be an advantage.

What makes you stand out:

• Highly motivated, team player with good interpersonal skills.
• Strong communication and written skills in English.
• Ability to navigate swiftly in a fast-paced environment.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well‑being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90 000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office‑based teams will identify at least one “anchor day” per week on which their full team will be together in person.