Assistant Manager/Senior Executive, Motor Underwriting

5 days ago

Raffles Place, Singapore MS First Capital Insurance Limited Full time $120,000 - $180,000 per year

For the past 73 years, MS First Capital has been actively involved in the non-life insurance business both in Singapore and across Asia. Our roots can be traced back to the 1950s where we engaged in writing both personal and commercial lines of non-life insurance business across various classes such as Fire, Engineering, Marine Hull, Marine Cargo, Bond, Professional Indemnity, Motor, Public Liability, Worker's Compensation, Personal Accident and other Miscellaneous Accident.

This is a perfect gateway into the highly niche sector of non-life reinsurance, part of Singapore's bustling financial services sector. As a wholly-owned entity of the world-renowned Mitsui Sumitomo Insurance (MSI) Group, we are dedicated to developing young talents for our sector.

As a member of our operation leadership team, you can look forward to comprehensive professional training, sponsorship of professional qualifications, a friendly and collaborative culture and a competitive compensation package.

Responsibilities

  • Manage ongoing broker relations and expectations in relation to underwriting, co-ordinating and ensuring the flow of relevant and timely information and communication between internal functions and external parties
  • Contribute to managing and developing an agreed portfolio of accounts
  • Negotiate with brokers/customers to achieve favourable terms for the Company
  • Provide support to the Team Head on allocated cases in line with the agreed processes with the necessary senior direction and support
  • Where applicable, make balanced and well-reasoned recommendation for acceptance of each case above one's authority
  • Ensure all requirements are adhered to in accordance with the Company's capacity and risk appetite as well as applicable legislations
  • Ensure transactions are processed within the agreed timeframe
  • Guide the allocated processing team to ensure timely and accurate recording of transactions

Requirements

  • Min Bachelor's degree ideally from the discipline of Management/Business Studies, Accountancy, Data Science, Actuarial Studies, Engineering, Mathematics, Statistics or Economics
  • Non-graduate candidates will be considered as well based on experience
  • At least 5 years' hands-on experience in Motor Insurance
  • Prior working experience in Commercial Fleet Insurance will be a definite advantage
  • Holder of BCP/ComGI/PGI certifications from SCI (or higher); where necessary, the Company will provide support and sponsorship for the certifications
  • Job title and compensation offered to the final candidate will depend on his/her experience and job fit
  • Team management experience but not critical
  • Able to collaborate with colleagues of all levels and manage stakeholders' expectations
  • Proficient in Microsoft Office (Word/Excel)
  • Good communication and organisation skills
  • Good time management

We regret that only shortlisted candidates will be contacted

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