Senior Executive/Executive, Motor Underwriting

MS FIRST CAPITAL INSURANCE LIMITED; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

MS First Capital Insurance Limited in Singapore invites applications for a Motor Underwriting position. You will assess risks, determine coverage positions, and support daily underwriting operations within a collaborative team.

Requirements include a Bachelor's degree in a numerical/technical discipline and prior exposure to Commercial Motor Underwriting; SCI certifications are preferred and may be sponsored.

Qualifications

• Bachelor's degree in a numerical/technical discipline.
• Prior exposure to Commercial Motor Underwriting is a pre-requisite.
• Experience in non-life re/insurance is a bonus.
• SCI certifications may be sponsored if not already held.

Responsibilities

• Assess risks and determine the coverage position
• Provide preliminary evaluations to the Motor underwriting team on new business opportunities and renewals
• First point of contact for assigned clients and business partners/intermediaries in service delivery
• Support daily operations in the Motor underwriting department
• Coordinate with other underwriting teams and intermediaries to identify potential business opportunities

Skills

Good communication

Organisation skills

Client and stakeholder management

Time management

Team player

Education

Bachelor's degree in numerical/technical discipline

SCI certifications

Tools

Microsoft Excel

Job description

For the past 75 years, MS First Capital has been actively involved in the non-life insurance business both in Singapore and across Asia. Our roots can be traced back to the 1950s where we engaged in writing both personal and commercial lines of non-life insurance business across various classes such as Fire, Engineering, Marine Hull, Marine Cargo, Bond, Professional Indemnity, Motor, Public Liability, Worker's Compensation, Personal Accident and other Miscellaneous Accident.

We are a reputable source of cutting-edge insurance options, catering to a diverse range of clients, both individuals and corporate. We are proud that our financial strength rating of 'A+ (Superior)' with 'Stable' outlook has been reaffirmed by AM Best, given our consistently impressive financial performance. We are also recently awarded Top 300 Employer by the Singapore Opportunity Index for our effort in creating meaningful career pathways, fostering inclusive growth, and investing in our employees' potential.

This is a perfect gateway into the highly niche sector of non-life reinsurance, part of Singapore's bustling financial services sector. As a wholly-owned entity of the world-renowned Mitsui Sumitomo Insurance (MSI) Group, we are dedicated to developing young talents for our sector. As a member of our young talent pool, you can look forward to comprehensive professional training, sponsorship of professional qualifications, a friendly and collaborative culture and a competitive compensation package.

Responsibilities

• Assess risks and determine the coverage position
• Provide preliminary evaluations to the Motor underwriting team on new business opportunities and renewals
• First point of contact for assigned clients and business partners/intermediaries in service delivery
• Support daily operations in the Motor underwriting department
• Co-ordinate with other underwriting teams and intermediaries to identify potential business opportunities

Requirements

• Bachelor's degree ideally from a numerical/technical discipline such as Management/Business Studies, Accountancy, Engineering, Economics, Actuarial Studies, Mathematics, Statistics
• Prior exposure to Commercial Motor Underwriting is a pre-requisite, and experience working in the non-life re/insurance industry is an added bonus
• Candidates without a degree but with relevant Motor insurance experience are also welcome
• SCI certifications are required for this position; those without the necessary certifications will be provided with sponsorship
• Actual job title will entirely depend on the candidate's professional experience
• Salary will be commensurate with the candidate's experience and the salary range stated in this job posting serves strictly as a guide
• Proficient in MS Excel, including the use of pivot tables
• Good communication and organisation skills
• Good client and stakeholder management
• Good time management
• Team player

Due to the volume of applications received, we will only contact shortlisted candidates. We may retain your personal data for as long as it is necessary to fulfil the purposes for which they were collected, or as required or permitted by applicable laws. Should you disagree, please contact our Data Protection Officer <[e-mail]> for more information on the retention and disposal of your personal data.