Insurance Portfolio Manager
1 day ago
Corporate Insurance Executive
This is a client-facing, mid-level sales role where you will be working to manage a portfolio of corporate clients for their corporate insurance needs and bring in new business from our existing client base and new enquiries or from developing new distribution channels.
- You will primarily assist clients in advising on their insurance requirements, reviewing existing coverage, negotiating terms with various insurers, and assisting with claims or operational requests.
Key Responsibilities
- Your primary goal is to manage and grow your book of business by identifying potential insurance opportunities in your book of business and developing new distribution channels.
- Your clients will mainly be technology, financial institutions, start-ups and small SMEs in Singapore.
- Key insurance classes you will need to handle include Group Medical, SME Packages, Property, Product Liability, Travel, Cargo, WICA and Bonds.
- This is a client-facing role, and you are expected to be the key point of contact for your clients. You should be able to advise them on their current coverage and renewal dates, how to understand renewal insurance comparisons, their regulatory and contractual insurance requirements, appropriate coverage for their nature of business, and next steps when there is a claim.
- You are expected to be able to manage insurers directly to get coverage placed, including negotiating quotes with multiple insurers, doing up an accurate and detailed comparison of insurers' quotes, handling their queries for information, following up with them on any post-sales documentation and administrative processes, including claims or endorsements from clients.
- As a licensed MAS GI broker, you need to ensure you meet all MAS compliance requirements.
- As part of our sales team, you need to ensure renewals are updated on our CRM regularly.
About This Role
This is a dynamic opportunity to join a young, fast-growing insurance brokerage. You will be responsible for managing a portfolio of corporate clients, developing new business, and meeting growth targets.
- You will work closely with clients to understand their insurance needs and provide tailored solutions.
- You will be responsible for identifying new business opportunities and developing strategies to capture these.
- You will manage relationships with insurers, negotiate rates, and ensure seamless policy administration.
- You will work independently, but collaborate with colleagues as needed.
About You
We are looking for a skilled and ambitious individual who can excel in this role. To succeed, you will need:
- Strong communication and negotiation skills.
- A deep understanding of insurance products and regulations.
- The ability to work independently and collaboratively.
- A strong work ethic and attention to detail.
- A background in insurance, finance, or a related field.
What We Offer
- A competitive salary commensurate with experience.
- An annual declared bonus.
- Flexible working arrangements and leave.
- Opportunities for professional development and career growth.
Negotiation, CRM, Excellent Communication Skills, Sales, Brokerage, Strong Attention To Detail, Agile, Cold Calling, Risk Management, Compliance, Employee Benefits, Risk Advisory, Networking, General Insurance, Business Development, Personal Development
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