Risk and Compliance Specialist

20 hours ago


Singapore ST Logistics Pte Ltd Full time

**About the Role**

We are seeking a Risk and Compliance Specialist to join our Business Assurance and Compliance department at ST Logistics Pte Ltd. As a key member of our team, you will be responsible for managing our insurance portfolio, identifying potential risks, and implementing effective risk management strategies.

In this role, you will work closely with internal stakeholders and external partners, including insurance brokers and legal teams, to ensure optimal insurance coverage and minimize financial risks. You will also support the Vice President - Business Assurance and Compliance in risk assessment activities, manage the claims process, and contribute to the preparation of risk management reports for senior management's strategic decision-making.

Key Responsibilities:

  • Insurance Program Management
    • Support the management of the organization's insurance portfolio, including procurement and management of insurance policies.
    • Stay updated with regulatory changes and adjust insurance coverage or risk practices accordingly.
    • Evaluate and negotiate insurance terms and premiums.
  • Claims Management
    • Manage the end-to-end process of insurance claims, including submission and liaison with insurers.
    • Analyze claims trends and recommend actions to minimize future claims.
  • Risk Assessment and Management
    • Collaborate with business units to identify potential risks and conduct comprehensive risk assessments.
    • Develop and implement risk mitigation strategies and monitor their effectiveness.

Requirements:

  • Degree in Business Administration, Finance, Accountancy, Risk Management, or related field.
  • 3-5 years of experience in insurance, risk management, or related fields.
  • Experience within the supply chain industry or in a corporate risk management role preferred.


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