Insurance Officer, Captive Management

2 days ago


Singapore WTW Full time

**The Company**
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.

We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.

**Together, we unlock potential.**

**Corporate risk and broking**
We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.

**The Role**
Assisting the Client Service Team in the management of technical insurance and claims activities of client captives writing a variety of risks on a direct and on a fronted basis, specifically:

- Review premium and claims data/reports, maintain/update premium tracker and claims bordereaux on excel spreadsheets, reconcile bordereaux to cash payments, arrange for payment of claims and develop claims analysis for presentation to the client and/or other interested parties.
- Review annual premium allocation models by country by client where required.
- Prepare/review policy wordings, certificates (clinical trials etc.,) endorsements, reinsurance agreements.
- Provide accurate and timely underwriting information for review by MD
- Monitor captive adherence to Regulatory requirements
- Liaise with clients on as needed basis
- Co-ordinate board meetings, including assisting in the production and issuance of board packs for same and supporting the MD in presentation
- Following corporate governance and compliance procedures at all times
- Understand the MAS regulations under which captives operate

**Communications and Relationships**

**Internal**:

- Works as part of the Client Service Team, reporting to the MD

**External**:

- Regular interaction with clients and external service providers.

**The Requirements**
- Degree or Diploma in Insurance, Finance or related area
- At least 3 years insurance experience or related industries
- Claims specialist, claims executive & underwriting assistant are welcome to apply
- Experience in commercial insurance
- Knowledge of and experience with reinsurance, international insurance programs
- Strong Client Service and interpersonal skills; comfortable dealing directly with clients
- Advanced Computer Skills



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