Assistant Operations Manager

7 days ago

Singapore KOREAN REINSURANCE COMPANY Full time

**Market Research**
- Collect and analyze articles about insurance & reinsurance market trends, various insurance products and translate it into Korean version for the HO and Korean clients
- Make presentation material for client and internal training purpose

**Operations Management**
- Assisting in designing and operating outward treaty program : PF analysis, accumulation, claims reporting, renewal submission to the brokers
- Assisting in weekly reporting to the management on overall operation
- Assisting in producing regular reports of underwriting performance and overall operation (Weekly/Monthly/Quarterly)
- Training and coaching assistant underwriters in conducting their duties in a professional manner based on U/W guidelines in HO
- Liaising with HO: accounts and finance, claims, compliance, risk management, IT system, etc
- Assisting in overall operation of Labuan Branch including but not limited to license management, reporting, compliance to laws and regulations
- Responding to the management company and/or LFSA whenever they reasonably request for advice or instructions on any matter relating to the branch operation
- Maintaining liaison with other underwriters in HO to support in underwriting, claims and retrocession renewal
- Liaising and work closely with IT team in HO to resolve any system errors raised by underwriters, technical accountants and finance team in Singapore Branch
- Providing orientation and training of internal system to newly hired employees
- Any other projects and duties assigned by the Company management

**Underwriting & Claims**
- Assisting in reviewing and underwriting reinsurance treaty contracts including pricing, terms and conditions, catastrophe & aggregate exposure for all lines of business emanating from assigned markets
- Assisting in providing comprehensive client services to insurance companies in Asia, including conventional reinsurance solutions, financial analysis, capital modeling and developing new business model
- Assisting in business producing activities including charting business plan, travelling to meet client/solicit business, providing value-added service to clients in order to ensure growth and profitability
- Assisting in reviewing claims and taking necessary action for underwriting and business development purpose
- Assisting in producing and vetting large loss reports, reserve movements, ex-gratia considerations for Branch CEO’s and/or HO’s approval

**Requirements**:

- At least five years working experience in a reinsurance company
- Bachelor's degree
- Fluent in Korean (speaking and writing) - To liaise with HO for internal reporting and system support
- Proficient in MS office
- Excellent communication and interpersonal skills
- Ability to handle several tasks simultaneously with a self-starting, pro-active approach
- Ability to work independently and under pressure

**About the Company**

Korean Re is a leading reinsurance company in Asia, having 60 years of reinsurance business history since its foundation in 1963. Korean Re is now aiming to be one of the top class reinsurer in the world. Korean Re Singapore Branch was established in 1979 and is in a steady state of growth as a business center for South Asia region.

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