Insurance Account Manager- Life

2 weeks ago


Singapore Focuscore Recruit Pte. Ltd. Full time

Key Responsibilities:

  • A core member of the company's Asia Life & Health reinsurance team, reporting to the Head of Life & Health Reinsurance for South East Asia.
  • In collaboration with the broking and broking support colleagues from the regional team in Singapore and the various in-country teams across Asia enable execution of reinsurance transactions/ consulting engagements through:
  • Preparation and review of information submissions to facilitate reinsurance transactions for our clients
  • Participation in the reinsurance quotation process, reinsurance proposal sourcing and negotiations with our reinsurance partners
  • Generation and review of contractual documentation (including contract wordings, endorsements and evidence of cover) - this includes preparation of new and renewal reinsurance contracts, ensuring compliance with internal and external requirements (cedant and reinsurer), guidelines and recommending areas for improvement
  • Stay on top of the reinsurance placement process by liaising with the team and stakeholders across departments to ensure treaty completion
  • Maintain treaty information database, enabling delivery of contract advice and guidance to clients and/or broking teams, and resolution of contract related queries from clients and reinsurers, liaising with colleagues within other departments as necessary
  • Preparation and coordination of client engagement / contracts documentations as well NDAs with trading partners on business in scope
  • Proactive management of the team's pipeline information for business planning and management reporting
  • Provide training/ knowledge sharing to colleagues on the above matters
  • In collaboration with the technical accounting teams:
  • Review and check the technical accounts provided by clients, support resolution of related queries from clients and reinsurers where necessary
  • Produce management information reports to support the business planning process. This includes tracking of business results
  • Population and maintenance of data within Aon's systems
  • Adherence to the standards, procedures and best practices of Aon Singapore to ensure MAS and other regulatory compliance
  • Assist the broader Life & Health APAC leadership team with ongoing strategy & financial reporting, as well bespoke technical or operational queries

Qualification

  • Degree or Diploma in relevant discipline (LLB or BBA, Accounting, Finance preferred)
  • Prior 7 to 10 years of experience within the Life & Health Reinsurance field
  • Excellent command of written and spoken English
  • Ability to manage multiple priorities and track projects through to completion
  • Independent, analytical and pro-active
  • Self-motivated, holds oneself accountable and takes ownership for problem resolution - resourceful
  • A team player - able to communicate in a dynamic team environment

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