Senior Manager - Marine Specialty Broking
- Location: Singapore
- Salary: S$7000 - S$8000 per month
Job summary
Senior Manager - Marine Broking
We are recruiting for a fast-growing Insurance Broking firm based in Singapore that aims to expand their workforce to accommodate the rapid growth in the insurance industry. They are led by award-winning specialists with unparalleled international experience in the market.
You will need:
· Develop new business portfolios, strategic production, and development plans for the...
Senior Manager - Marine Broking
We are recruiting for a fast-growing Insurance Broking firm based in Singapore that aims to expand their workforce to accommodate the rapid growth in the insurance industry. They are led by award-winning specialists with unparalleled international experience in the market.
You will need:
· Develop new business portfolios, strategic production, and development plans for the company, including the identification of new business opportunities and the planning and development of new initiatives.
· Facilitate the prompt placement of (re)insurance contracts in accordance with the client's requirements and needs, in a timely manner in accordance with regulatory requirements always acting in the best interest of the client.
· Provide a pro-active advocacy service to clients covering all aspects of their (re)insurance arrangements; to advise, arrange and secure the appropriate cover at a competitive premium and actively chasing information.
· Lead and manage the (re)insurance intermediation as part of the team including production, risk placing, client servicing, premium receipts, claims handling, and associated functions.
· Ensure clear and accurate documents and wordings for clients which provide the best possible cover in the market and adhere to all regulatory requirements.
· Ensure the use of appropriate class of business knowledge to produce contract documents and documents suited to the client's needs.
· Ensure and recommend amendments to policies/contract documents produced by the team prior to agreement by Underwriters.
· Ensure final contract documents against slip or proposal details to ensure the appropriateness of the proposed standard policy.
· Learn the use of the company's insurtech tracking platform, help drive and encourage adoption of it throughout the company, and to ensure that tracking is completed promptly to reflect the status of any risk.
· Understand the (re)insurance cover of each client and provide pro-active service to expedite the production of policies, liaising between all parties and actively chasing information.
· Deal with all client queries in a timely and professional manner.
· Escalate any potential problems to Division Head / Directors at the earliest opportunity.
· Comply with relevant legal, regulatory, and company compliance requirements, E&O compliance procedures and quality initiatives.
What Do You Need to Have?
· Certification in General Insurance (CGI) or any equivalent professional qualification as required.
· Bachelor's Degree with at least 5 years of relevant new business placement within Marine Insurance experience.
· Demonstrated leadership and problem-solving skills.
· Ability to develop and sustain relationships with both internal and external parties.
· Strong negotiation and influencing skills.
· Proficiency in Microsoft Office (Excel, Word, PowerPoint) & Outlook.
· Immediate availability would be a major plus.
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