Executive, Underwriting

2 weeks ago

Downtown Core, Singapore ERGO INSURANCE PTE. LTD. Full time $40,000 - $80,000 per year

We are seeking highly-motivated individuals with professional experience to join our team as Junior Executive/ Executive, Underwriting.

ERGO Insurance Pte. Ltd. is a registered general insurer regulated by the Monetary Authority of Singapore. We are a wholly owned Singapore subsidiary of ERGO Group AG, one of the major insurance groups in Germany and Europe, and we are the primary insurance arm of Munich Re, one of the leading reinsurers and risk carriers worldwide.

There are countless good reasons to pick ERGOas an Employer.

No matter where you are in your career, we offer various development opportunities in all departments at all levels.

You'll experience a fair and open-minded culture where every employee is trusted and valued.

We support you on your career path.Professional development is a central part of our philosophy: we give all our staff the opportunity to develop, both personally and professionally.

If you have a strong passion to succeed and aspire to join a company that can offer you an interesting and diverse career, we look forward to meeting you

Requirements
  • Minimum GCE "O" or "A" or diploma in any discipline
  • CGI Certificate (BCP/ PGI/ Com GI) will be an added advantage
  • Preferably 3 - 5 years of relevant working experience (without prior experience will also be considered)
  • Computer literacy skills especially in Microsoft Word and Excel
  • Effective communication and Interpersonal skills
  • Positive working attitude and willingness to learn
  • Have initiative and able to work independently as well as multi-task
Job Descriptions

Underwriting to assist the Underwriters

  • Service Intermediaries and attend to enquiries pertaining to documentations
  • Ensure the timely conversion of the Renewal Notices (PST) into PDF format
  • Support Underwriters by emailing the Renewal Notices to the Brokers

Documentation

Timely and accurate issuance of policy and/or endorsements (Direct, Co-insurance and RI inward) including the related documents which involves:

  • Checking the underwriting information provided and ensuring all documents are in order.
  • Keying in of data into the Company's underwriting system.
  • Ensure the whole process is completed within the stipulated turn-around time.

Sanction Screening in Smaragd

Clearance of 1st level financial sanction screenings in Smaragd system

Letters of Indemnity

  • Checking & Scanning of the signed Letters of Indemnity (Immigration and/or Performance) and keeping a proper register.

Transmission to MOM via NTP

Ensure timely upload of the report (eBao and/or eBond) and checking the Audit report the following day

Finance reconciliation (adhoc)

As and when required to provide Finance with the supporting documents for their reconciliation.

Retrieval of data (adhoc)

  • As and when required to generate various reports from the system
  • Documents are to be filled in a timely and orderly manner, be it hard or soft copies

Others

  • Be proficient in multi-tasking.
  • UAT on eBao
  • Any other work as may be assigned

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