
Corporate Insurance Broker
1 week ago
Corporate Insurance Broker (EB or GI for SME & Startups)
- This is a client-facing, mid-level sales role where you will be working to manage a portfolio of corporate clients for their corporate insurance needs and bring in new business from our existing client base and new enquiries or from developing new distribution channels
- You will primarily assist clients in advising on their insurance requirements, reviewing existing coverage, negotiating terms with various insurers, and assisting with claims or operational requests.
Key Responsibilities
- Your primary goal is to manage and grow your book of business by identifying potential insurance opportunities in your book of business and developing new distribution channels
- Your clients will mainly be technology, financial institutions, start-ups and small SMEs in Singapore
- Key insurance classes you will need to handle include Group Medical, SME Packages, Property, Product Liablity, Travel, Cargo, WICA and Bonds
- This is a client-facing role, and you are expected to be the key point of contact for your clients. You should be able to advise them on their current coverage and renewal dates, how to understand renewal insurance comparisons, their regulatory and contractual insurance requirements, appropriate coverage for their nature of business, and next steps when there is a claim.
- You are expected to be able to manage insurers directly to get coverage placed, including negotiating quotes with multiple insurers, doing up an accurate and detailed comparison of insurers' quotes, handling their queries for information, following up with them on any post-sales documentation and administrative processes, including claims or endorsements from clients
- As a licensed MAS GI broker, you need to ensure you meet all MAS compliance requirements
- As part of our sales team, you need to ensure renewals are updated on our CRM regularly.
What can you expect?
- You will be joining a young, dynamic, and fast-growing Insurance brokerage, with the potential to participate and reap the rewards of our growth and expansion
- A flat reporting structure directly reporting to the COO
- Regular support in your personal development with regular on-the-job consultations with experienced colleagues
- Opportunity to develop your own career pathway, into possibly a product specialist, business development or management role.
- You will often be working independently outside of the office between client meetings, communicating remotely with managers.
Application Requirements:
- Strong attention to detail and follow-up
- Excellent communication skills, both written and verbal.
- Critical and creative thinker, proactive and solution-driven
- Fast & strong work ethic to manage renewals
- Singapore Citizen or PR only
- Broking Experience of at least 3 years is required
- Background in insurance, technology, finance, legal or sales is an advantage
- Relevant qualifications such as ComGI, PGI, BCP & HI exam is an advantage
- FA agents are welcome to apply
Benefits
- A competitive market salary commensurate with your level of experience
- An annual declared bonus
- Agile and flexible working conditions and leave
- Future ESOP options
Negotiation
CRM
Excellent Communication Skills
Sales
Brokerage
Strong Attention To Detail
Agile
Cold Calling
Risk Management
Compliance
Employee Benefits
Risk Advisory
Networking
General Insurance
Business Development
Personal Development
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