Insurance Manager

Trusty Cars Ltd.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading automotive company in Singapore is seeking a Manager, Insurance. In this role, you will oversee the strategic direction of the insurance business, ensuring compliance and driving innovation. The ideal candidate will have over 5 years of leadership experience in the insurance sector, with strong knowledge of local regulations and a proven track record in scaling operations.

Benefits

Comprehensive benefits

Flexible working arrangements

Learning and development programmes

Qualifications

• 5-10 years of experience in the insurance industry, with at least 5 years in leadership.
• Proven track record in building and scaling insurance operations.
• Strong knowledge of Singapore insurance regulations.

Responsibilities

• Provide strategic leadership to grow Carro's insurance business.
• Develop business plans and market strategies.
• Ensure compliance with MAS regulations.

Skills

Leadership

Stakeholder management

Commercial negotiation

Analytical skills

Education

BCP, PGI, & ComGI certification

Job description

About Carro

Carro has carved out a reputation as Asia-Pacific’s largest online automotive marketplace. This tech

unicorn is a people-centric business with over 4,000 employees in 7 countries who speak 9

languages. Working here, you’ll be part of a diverse, inclusive, team that drives innovation and

change, and find a place that supports your growth and development. Visit us at www.carro.co

Why work with Carro?

● Join the region’s largest online automotive marketplace with offices in 7 countries.

● Firsthand experience at reshaping the automotive industry using the latest technologies

such as AI and machine learning.

● Formal and informal learning and development programmes to support your growth and

career progression.

● Comprehensive benefits including medical, insurance and wellbeing.

● Flexible working arrangements upon request.

● Learn from some of the most experienced mentors in the technology and automotive space.

● Meet and interact with colleagues from all around Asia.

● Pursue opportunities to work at departments in other countries and regions.

● Diverse and inclusive working environment with modern workspaces.

● Fun and engaging employee events, initiatives, and celebrations.

About your role

As Manager, Insurance, you will oversee the growth and direction of Carro Insurance, our

growing insurance arm in Singapore. In this key role, you will assume responsibility for the strategic

direction of the insurance business and guiding the department to reach its goals, while ensuring

regulatory compliance and driving a high-performing and innovative culture. Reporting to the

Regional Director of Insurance, you will work closely with cross-functional leadership to align local

execution with regional goals.

Key Responsibilities

• Provide strategic leadership to grow Carro's insurance business in Singapore across motor,

lifestyle, and commercial segments.

• Develop and execute business plans, go-to-market strategies, and partnerships to expand

product offerings and market share and deliver value to our customers.

• Ensure compliance with all MAS regulations and industry requirements, including oversight

of insurance licensing and governance frameworks.

• Hire, lead and develop the Insurance team covering partnerships, operations, and customer

service.

• Build and maintain strong relationships with insurers, brokers, regulators, automotive

partners, and internal stakeholders.

• Oversee financial performance including revenue, profitability, cost controls, and

operational efficiency.

• Drive digital innovation in insurance offerings through data, AI, and seamless platform

integration.

• Represent the insurance vertical in Singapore and work closely with regional leadership on

reporting, strategic alignment, and performance management.

Qualifications

• Minimum 5-10 years of experience in the insurance industry, with at least 5 years of

successful leadership experience.

• Proven track record in building and scaling insurance operations, ideally in motor/general

insurance.

• Strong knowledge of Singapore insurance regulations and licensing requirements.

• Experience working with or within Insurtech, digital platforms, or automotive ecosystems is

a plus.

• Basic Insurance Concept & Principles (BCP), Personal General Insurance (PGI), & Commercial

General Insurance (ComGI) certification is preferable.

• Excellent leadership, stakeholder management, and commercial negotiation skills.

• Analytical and data-driven decision-making approach.

• Ability to thrive in a fast-paced, dynamic environment and adapt to changing business

needs.

• Based in Singapore with existing right to work.

Founded in 2015, Carro is Asia Pacific’s largest online used car marketplace. By offering a

trustworthy and transparent experience, Carro transforms the traditional way of buying and selling

cars through proprietary pricing algorithms, AI-enabled capabilities, and innovative technological

solutions.

Carro holds a strong presence in key markets across Asia Pacific, including Malaysia, Indonesia, and

Thailand, and has recently expanded its reach to Japan, Taiwan and Hong Kong. Headquartered in

Singapore, the unicorn startup is supported by more than 4,500 employees across Asia-Pacific and

has raised over US$1B in debt and equity from Temasek, Softbank Visio