Senior Executive/Executive, Marine

MSIG ASIA PTE. LTD.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

MSIG Asia Pte. Ltd. is seeking a Staff Development and Client Management professional with at least 3 years in general insurance, including marine underwriting. The role emphasizes mentoring junior staff, developing business areas, and underwriting within guidelines.

Responsibilities include maintaining client relationships, advising on insurance needs, and participating in committees to improve company operations, with emphasis on efficiency and accountability.

Qualifications

• Tertiary education required.
• Relevant qualifications in general insurance (minimum CGI).

Responsibilities

• Mentor and coach junior staff by enhancing their product/ market knowledge.
• Identify and develop potential business areas and maintain professional relationship with existing and potential customers.
• Provide technical advice on customers' insurance needs.
• Review, accept and underwrite business within Risk Acceptance Authority and guidelines including claim matters, recommendations on wordings and liaison with MSIJ, MSIG Asia, overseas Business Units and reinsurers.
• Participate in company level committees for ad-hoc projects to improve operations and expand business.
• Manage and implement proper credit control procedures and bad debt recovery.
• Ensure maximum efficiency and effectiveness in work processes within the department.
• Undertake any other duties as may be assigned.

Skills

Underwriting Process

Underwriting

Business Development

Marine Insurance

General Insurance

Education

Tertiary education

CGI

Job description

About Us

A leading general insurer with a local presence of over 100 years, MSIG Singapore offers an extensive range of insurance solutions for commercial and personal risk protection, enabling the security and safety of individuals and businesses. MSIG Singapore holds an A+/Stable financial rating by Standard & Poor's.

A testament to its growing strength and influence, MSIG Singapore has garnered numerous awards for delivering digitally innovative and customer-centric solutions. In 2023, 2022 and 2020, MSIG Singapore was awarded Insurance Asia Awards' Claims Initiative of the Year.

MSIG is a subsidiary of Mitsui Sumitomo Insurance Co., Ltd, and a member of the MS&AD Insurance Group - one of the largest general insurance groups in the world with presence in 50 countries and regions globally, 18 of which are in Asia Pacific including all ASEAN markets as well as in Australia, New Zealand, China, Hong Kong, Taiwan, South Korea and India. Headquartered in Japan, MS&AD is amongst the top non-life insurance groups in the world based on gross revenue.

Job Description

Staff Development

1. Mentor and coach junior staff by enhancing their product/ market knowledge.

Client Management

1. Identify and develop potential business areas and maintain professional relationship with existing and potential customers. This shall include provision of technical advice on customers' insurance need.
2. Review, accept and underwrite business within Risk Acceptance Authority and guidelines including claim matters, recommendations on wordings and liaison with MSIJ, MSIG Asia, overseas Business Units and reinsurers.

Others

1. To participate at company level committees for ad-hoc projects to improve and expand Company's operations/ business.
2. Manage and implement proper credit control procedures and bad debt recovery.
3. Ensure maximum efficiency and effectiveness in work processes within the department
4. To undertake any other duties as may be assigned.

Qualifications

1. Tertiary education
2. Relevant qualifications in general insurance (minimum CGI)

Skills

Underwriting ProcessUnderwritingBusiness DevelopmentMarine InsuranceGeneral Insurance

Other Information

1. Minimum 3 years experience in general insurance industry
2. Technical Knowledge in Marine underwriting and risk management
3. Relationship building skills
4. Business acumen
5. Strong communication and interpersonal skills
6. Result oriented
7. Strong marketing and portfolio management