Insurance Program Manager
6 days ago
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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