Manager / Assistant Manager, Technical Services

MSIG Singapore; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

MSIG Singapore is seeking a senior risk/insurance professional to support MGAs, ensuring prudent, profitable business in line with regulatory and group requirements. The role covers partnership development, due diligence, and governance across underwriting, compliance, and reporting.

You will coordinate with regulators (MAS, GIA), head office, and business units to monitor profitability, manage portfolios, and oversee IT systems and processes.

Qualifications

• At least 5 years of experience in re/insurance.
• Knowledge of Underwriting, Reinsurance and Claims.
• Business analysis and conceptual capability.
• Strong relationship building and portfolio management.
• Project management and IT systems knowledge.
• Familiarity with MAS Regulations and GIA requirements.
• Experience with AXCO and country regulations.

Responsibilities

• Strategic Partnership & Business Development
• Support review of business cases and due diligence on MGAs, underwriters.
• Prepare partnership or product launches and arrange treaty cover.
• Support cross-selling initiatives.
• Regulatory & Compliance Oversight
• Manage applications to regulators (MAS, GIA), Head Office (HO), etc.
• Ensure adherence to legal, regulatory, and group policies.
• Ensure accurate monthly reports and proper agreements, binders, and guidelines are in place.
• Underwriting Governance & Technical Excellence
• Support referral of accounts to MA / HO / Treaty / CEO where required.
• Ensure prudent technical underwriting and reasonable turnaround times (TAT).
• Maintain technical competency through best-practice sharing, training, and development.
• Conduct / coordinate audits.
• Portfolio & Performance Management
• Collaborate with Business Units, Segment Profit Centres, Reinsurance, Data Intelligence & Actuarial, Claims and Finance to manage profitability and loss ratios.
• Monitor pipeline, performance vs. plan, and annual portfolio results.
• Conduct financial projections, PC calculations, and assess impacts of IFRS17, capital requirements, PPF, etc.
• Systems, Processes & Training
• Work with workgroups to setup processes / systems
• Assist in developing IT systems and defining user requirements for enhancements.
• Provide training to internal staff on products, systems and processes as needed.
• Undertake any other duties as may be assigned

Skills

Relationship building

Portfolio management

Project management

Financial analysis

Business analysis

Conceptual capability

Underwriting knowledge

Reinsurance knowledge

Claims knowledge

Education

Tertiary qualification / Insurance professional qualifications

Job description

Responsibilities

The incumbent will be responsible for supporting all Managing General Agents (MGAs) related business are conducted prudently, efficiently and profitably and in full compliance with regulatory and group requirements.

Responsibilities

The incumbent will be responsible for supporting all Managing General Agents (MGAs) related business are conducted prudently, efficiently and profitably and in full compliance with regulatory and group requirements.

Job Responsibilities

• Strategic Partnership & Business Development
• Support review of business cases and due diligence on MGAs, underwriters.
• Prepare partnership or product launches and arrange treaty cover.
• Support crossselling initiatives.
• Regulatory & Compliance Oversight
• Manage applications to regulators (MAS, GIA), Head Office (HO), etc.
• Ensure adherence to legal, regulatory, and group policies.
• Ensure accurate monthly reports and proper agreements, binders, and guidelines are in place.
• Underwriting Governance & Technical Excellence
• Support referral of accounts to MA / HO / Treaty / CEO where required.
• Ensure prudent technical underwriting and reasonable turnaround times (TAT).
• Maintain technical competency through bestpractice sharing, training, and development.
• Conduct / coordinate audits.
• Portfolio & Performance Management
• Collaborate with Business Units, Segment Profit Centres, Reinsurance, Data Intelligence & Actuarial, Claims and Finance to manage profitability and loss ratios.
• Monitor pipeline, performance vs. plan, and annual portfolio results.
• Conduct financial projections, PC calculations, and assess impacts of IFRS17, capital requirements, PPF, etc.
• Systems, Processes & Training
• Work with workgroups to setup processes / systems
• Assist in developing IT systems and defining user requirements for enhancements.
• Provide training to internal staff on products, systems and processes as needed.
• Undertake any other duties as may be assigned

Qualifications

• Tertiary qualification and / or Insurance professional qualifications

Other Information

• At least 5 years experience in re/insurance
• Knowledge of Underwriting, Reinsurance and Claims (underwriting, pricing, audit, referral, review of policy wording and product enhancement)
• Business analysis
• Conceptual capability
• Relationship building
• Portfolio Management
• Project Management
• Insurance Processes
• Technology and Systems
• Financial Analysis
• MAS Regulations
• GIA Requirements
• AXCO and Country Regulations

Other working arrangements offered : On-site