Broker Support – various lines

6 days ago

Singapore PRICE FORBES BROKING (ASIA) PTE. LTD. Full time
Roles & Responsibilities

Job Description

For Price Forbes Companies situated within the Asia-Pacific, you are required to provide support to the Broking Teams as required on the following: -

  1. (Re)insurance New & Renewal Business and Endorsement Processing for all lines of business (Employee Benefits, Property, A&H, and Special Risks).
  2. Assist with the preparation of slips for all markets involved on accounts.
  3. Preparation of all (re)insurance related technical documentation, ensuring completeness and accuracy – Evidence of Covers (EOCs), Endorsements & Addenda.
  4. Support with correspondence to clients and markets as required.
  5. Maintain client files, ensuring all correspondence is correctly filed for ease of review.
  6. Attend client or underwriter meetings as required.
  7. Perform any other ad hoc duties as reasonably required by the broking teams.

Job Requirements

  • Responsible for (Re)insurance New & Renewal Business and Endorsement non-financial processing as assigned.
  • Review and verify placement documents and ensure accuracy against all correspondence.
  • Ensure the insurers and reinsurers are in the approved security listings.
  • Collate all documentation necessary to onboard new clients and markets.
  • Ensure completeness of checklists.
  • Ensure timely and accurate issuance of the (re)insurance related documentation, meeting service standards and document turnaround time.
  • Brokers liaison.
  • Update of pipeline and renewal tracking spreadsheets.
  • Ensure accuracy of clients’ & market information
  • Support annual audit and E&O review as a team.
  • To handle filing and documentation, including annual files archive. Ensuring documents are saved and files are passed on to the others in accordance with Company Rules and Procedures.
  • Perform any other duties as assigned.

Representing Price Forbes:

  • Champion the PF name and core values.
  • Represent PF with clients, agents, suppliers and other organisations.

Compliance:

  • Comply with relevant legal, regulatory and compliance requirements, E&O compliance procedures and quality initiatives.
  • Escalation of any potential E&O's to Division Head / Directors at the earliest opportunity.
  • Ensure completion of all mandatory Company training and to deadline.

Knowledge Required:

  • Detailed understanding and knowledge of Insurance & Reinsurance and relevant legal principles.
  • Detailed understanding of the Company’s internal procedures and practices.

Requirements / Skills Required

  • Diploma holder or equivalent with at least 3 years of relevant experience.
  • Collaborative team working approach.
  • Ability to prioritise and organise own workload.
  • Ability to work under pressure.
  • Ability to work with employees at all organisational levels.
  • Accurate and attention to detail.
  • Good written and verbal skills.
  • Proficiency in Microsoft Office 365 (Outlook, Excel, Word) and Adobe.
  • Only Singaporeans & SPRs need apply.

Tell employers what skills you have

Outlook
Technical Documentation
Office 365
Marine Insurance
Reinsurance
Accurate Record Keeping
Credit Insurance
Processing
client servicing
filling in paperwork
Microsoft Office 365
Compliance
Attention to Detail
Team Player
contract documents
KYC
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