COMPANY DESCRIPTION
A leading general insurer with a local presence of over 100 years, MSIG Singapore offers an extensive range of insurance solutions for commercial and personal risk protection, enabling the security and safety of individuals and businesses. MSIG Singapore holds an A+/Stable financial rating by Standard & Poor's.
A testament to its growing strength and influence, MSIG Singapore has garnered numerous awards for delivering digitally innovative and customer-centric solutions. In 2023, 2022 and 2020, MSIG Singapore was awarded Insurance Asia Awards Claims Initiative of the Year.
MSIG is a subsidiary of Mitsui Sumitomo Insurance Co., Ltd, and a member of the MS&AD Insurance Group - one of the largest general insurance groups in the world with presence in 50 countries and regions globally, 18 of which are in Asia Pacific including all ASEAN markets as well as in Australia, New Zealand, China, Hong Kong, Taiwan, South Korea and India. Headquartered in Japan, MS&AD is amongst the top non-life insurance groups in the world based on gross revenue.
RESPONSIBILITIES
- Perform inspections and provide evaluations of prospective or existing insurance risks with the aim to conserve property through risk improvement
- Act as a consultant to clients or prospective clients and advise them on methods of property risk improvement which will enhance their ability to manage risk in a cost-effective manner
- Act as a consultant to clients or prospective clients and advise them on potential exposures in areas such as Workplace Safety (WSHA / BizSafe), Liability to Third Parties, Burglary, security measures and advocate best practices and improvement actions for business operations
- Contribute to the development of underwriting information, to enable underwriters to properly assess the risks
- Develop loss estimates (MFL / PML) and advise on the allocation of R/I dispositions to ensure maximisation of retentions
- Maintain a high profile with Clients / Intermediaries, illustrating the Company's commitment to risk management
- Obtain and update information on loss prevention and survey techniques, safety equipment, rules and regulations to ensure that the Company is abreast of developments pertinent to the business
- Help to impart an understanding of loss prevention and risk improvement methods to the business development staff
- Undertake investigative and post loss surveys for the Claims department, with the aim of mitigating losses for the Company
- Assist the department Manager on risk management, underwriting and insurance technical matters as well as any other roles performed by the department, when required
- Undertake any other duties as may be assigned
QUALIFICATIONS- Tertiary and/or insurance qualifications
OTHER INFORMATION- 5 years experience in risk surveying, underwriting or loss adjustment
- Understanding of property and liability insurance underwriting
- Engineering or technical knowledge
- Understanding of policy coverage
- Ability to read adverse trend development
Please note that your application will be sent to and reviewed by the direct employer - MSIG Insurance (Singapore) Pte Ltd
