To provide administrative and technical support in the Reinsurance Section, and to assist in managing the reinsurance programme, to ensure the reinsurance strategies support the growth and the prudent risk management of the business.
- Assist in managing the reinsurance programme, including but not limited to review, negotiation and implementation
- Handle administration and documentation relating to reinsurance programme and facultative inwards business
- Assist in continual system update or health checks
- Technical support across various activities involving reinsurance
- Monitor counterparties and compile statistics for submission or data requests
- Support the activities of the Reinsurance Section in line with Company's Policies and Business Plans
- Ensure compliance with all laws, regulatory provisions and Group policies as are relevant to the role
- Undertake any other duties as may be assigned
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.
- Tertiary education or professional insurance qualification
- Minimum 2 years working experience in general insurance industry or technical knowledge in underwriting, reinsurance and risk management
- Possess analytical and problem-solving abilities, collaboration and communication skills
- Good interpersonal skills
- Proficient in MS Word, Excel and PowerPoint
- Team player and able to work independently
- High level of integrity, take accountability of work and good attitude over teamwork
- Take initiative to improve current state of things and adapt in embracing new changes
How You Succeed
- Champion and embody our Core Values in everyday tasks and interactions.
- Demonstrate high level of integrity and accountability.
- Take initiative to drive improvements and embrace change.
- Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
- Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.
Who We Are
Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of AA- by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
To All Recruitment Agencies
Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
Work Locations
SG-GE Centre
Job
Underwriting
