Insurance Program Manager

6 days ago


Singapore The Edge Partnership Full time

Key Responsibilities

  • Appoint an insurance broker through a tender process for the group's insurance program in Singapore and the Rest of the World (ROW).
  • Liaise with various business units to gather insurance renewal information and coordinate the renewal of both general line and financial line insurance programs.
  • Lead the optimization of the insurance program structure to improve coverage and reduce costs.
  • Review insurance policies thoroughly and work with the broker to ensure policy wordings accurately reflect the group's renewal intentions and coverage.
  • Monitor claim status and assist the local operation team in major claim settlements.
  • Collaborate with the broker to provide risk mitigation advice to operation teams.
  • Respond to business departments' inquiries regarding insurance coverage.
  • Work with investment teams on insurance matters related to acquisitions, providing insurance premium estimates and input on insurance-related clauses in transaction documents.
  • Assist the investment team in procuring warranty and indemnity insurance for transactions that require it.
  • Develop a database of insurance cost indices across the markets in which the group operates.

    Role Requirements

    • PREFERRED DEGREE IN BUSINESS ADMINISTRATION, ECONOMICS, OR FINANCE.
    • MINIMUM 5 YEARS OF WORKING EXPERIENCE IN THE INSURANCE INDUSTRY.
    • CIP CERTIFICATE IS ADVANTAGEOUS.
    • GOOD ORGANIZATION AND COORDINATION SKILLS ARE REQUIRED.
    • PRUDENT AND GOOD TEAM PLAYER.


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