Insurance Specialist

J.S.F; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading insurance consultancy in Singapore seeks a skilled Insurance Consultant to assess client needs and recommend policies. The role involves negotiating with insurers, managing accounts, providing claims assistance, and staying updated on market trends. The ideal candidate excels in sales, communication, and analytical skills, with a deep understanding of insurance products.

Responsibilities

• Analyze a client's financial situation to understand their insurance needs.
• Advise clients on various insurance options and recommend suitable policies.
• Negotiate with insurance companies for better coverage and rates.
• Handle policy renewals and provide ongoing client support.
• Assist clients throughout the claims process and advocate for them.
• Stay updated on industry trends and new insurance products.

Skills

Sales and Negotiation

Communication & Interpersonal Skills

Analytical & Detail-Oriented

Market & Product Knowledge

Relationship Building

Job description

Key Responsibilities:

• Client Needs Assessment:Analyze a client's financial situation and risk profile to understand their insurance requirements.
• Product Knowledge & Recommendation:Advise clients on various insurance options and recommend policies that best meet their needs.
• Policy Negotiation:Negotiate with insurance companies to secure the best possible coverage and rates for clients.
• Account Management:Handle policy renewals, policy changes, and provide ongoing support to clients.
• Claims Assistance:Assist clients throughout the claims process, advocating for fair settlements.
• Market Monitoring:Stay informed about industry trends, changes in regulations, and new insurance products.

Required Skills:

• Sales and Negotiation:High-level negotiating skills are essential to secure favorable terms with insurers and effectively communicate options to clients.
• Communication & Interpersonal Skills:Excellent communication skills are needed to build relationships with clients and effectively explain complex insurance details.
• Analytical & Detail-Oriented:Ability to analyze client needs, assess risks, and pay close attention to policy details.
• Market & Product Knowledge:In-depth understanding of different types of insurance products and the broader insurance market.
• Relationship Building:Strong ability to build rapport with both clients and insurance companies.