Insurance Broker Assistant

5 days ago


Singapore ACCLAIM INSURANCE BROKERS PTE. LTD. Full time
Company Overview

ACCLAIM INSURANCE BROKERS PTE. LTD., one of the largest national risk advisory, insurance and reinsurance brokers in Singapore, is seeking a highly skilled Insurance Broker Assistant. With a strong presence in over 140 countries worldwide, our company has an impressive track record of providing top-notch services to more than 2000 corporate customers ranging from SMEs to MNCs.

Job Summary

The Insurance Broker Assistant will work under the supervision of Broking Managers to provide broking support for Marine Insurance/ Financial Lines/ Trade Credit/General Insurance placement. This role requires excellent administrative skills, strong interpersonal abilities, and a keen eye for detail. As a member of our team, you will have the opportunity to develop your skills in various classes of insurance and work closely with clients and prospects to understand their insurance needs.

Key Responsibilities:
  • Liaise with clients and prospects to identify their insurance requirements and provide tailored advice on available coverage options.
  • Obtain relevant underwriting information from clients for submission to underwriters for quotation and terms.
  • Prepare necessary documentation required for insurance placement, including quotation slips, placement/closing slips, schedules, calculations, cover notes, endorsements, and ensure that the required level of insurance capacity is secured.
  • Collate documents and information related to claims as received from various parties.
  • Monitor clients' statement of accounts and collection of premiums.
  • Undertake relevant training and examinations as necessary to carry out the role and fulfill Continuing Professional Development (CPD) requirements.
  • Participate in special assignments, ad hoc functions, and related duties as assigned by management.
  • Regularly review renewal businesses, prepare timely renewals, and take necessary actions to ensure expiring policies are renewed.

Requirements and Qualifications:

To be successful in this role, you will need:
  • A minimum Diploma in Business or Science or a Certificate in General Insurance from the Singapore College of Insurance or equivalent qualification.
  • A positive work attitude and excellent interpersonal skills.
  • Good time management and adherence to timelines.
  • Detailed-oriented administrative skills.
  • Prior experience in administrative roles or similar positions in the insurance industry would be advantageous.
  • Willingness to complete a Certificate in General Insurance from the Singapore College of Insurance within 3 to 6 months of joining the team.

Estimated Salary: $40,000 - $60,000 per annum

We offer a competitive salary, opportunities for professional growth, and a dynamic work environment.

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