Responsibilities:
- To support and work closely with the Head of Corporate & International Risks to manage and grow the Corporate & International Risks portfolios, including production and placement activities into the Singapore and international markets.
- Deputies for the Head of Corporate & International Risks, in their absence, providing actionable advice and effective management of the business.
- To identify and act upon new business opportunities on a direct, wholesale, and facultative basis which promote the profitable development of the business.
- To participate in the development of the Corporate & International Risks (re)insurance business in line with the Company's plans and targets.
- To facilitate the prompt placement of Corporate & International Risks (re)insurance contracts in accordance with the client's requirements and needs, in a timely manner in accordance with regulatory requirements acting in the best interest of the client and the company at all times.
- To provide a quality service to clients covering all aspects of their (re)insurance arrangements to advise, arrange, and secure the appropriate cover at a competitive premium.
- To engage existing clients to ascertain if there are further opportunities.
- Support the Head of Corporate & International Risks on:
- The renewal business portfolio
- New business production
- The marketing & placement of risks
- Client Servicing
- Growing the team as we build out our wider Professional & Healthcare Risks capabilities in Singapore
- To meet the financial and operational targets set by the Corporate & International Risks Department.
- To promote effective and regular communication within the Corporate & International Risks Department and with other Departments.
- To promote and ensure compliance with the Company's Rules and Procedures and other management instructions, in particular with regard to:
- The conduct and recording of business
- Confirmations and evidencing of cover
- Recording and filing of all communications and discussions
- The safeguarding of client monies
- The escalation and reporting of breaches, errors & omissions, disputes, and complaints
- Support the liaison with other departments to ensure that a coordinated approach is adopted on matters with cross-company impact.
- Reporting to the line manager in a timely manner to update on the performance and ensure the line manager and Compliance Officer is made aware of:
- Any matter that might expose the Company to a claim, legal action, or regulatory action/investigation.
- Any serious disciplinary cases.
- To ensure sound business practices and an adequate and proactive risk control framework within the team.
- To exercise judgment when reviewing proposals, either new or renewals.
- To maintain up-to-date and orderly files, and ensure documents are saved and files are passed on to others in accordance with Company Rules and Procedures.
- Any other relevant tasks that your line manager may from time to time require you to enact.
Representing Price Forbes
- Champion the Price Forbes name and core values.
- Collaborative - we build on our own experience of innovation to push boundaries in partnership with clients.
- Tenacious - we are relentless and clear-sighted in our pursuit of new and ground-breaking ideas.
- Creative - we take a fresh perspective on risk, seeking new solutions to the trickiest questions.
- Open - we are open-minded and future-ready, and we embrace uncertainty.
- Represent Price Forbes with clients, agents, suppliers and other organizations.
Compliance
- Comply with relevant legal, regulatory and compliance requirements, E&O compliance procedures and quality initiatives.
- Escalation of any potential E&O's to Division Head/ Directors at the earliest opportunity.
- Ensure completion of all mandatory Company training and to deadline.
Your scope of duties is not restrictive and may be expanded at the company's discretion.
Skills & Experience
Essential
- At least 3 Years of Reinsurance experience
- Proven experience managing Client portfolios and handling placements independently.
- Strong client servicing and stakeholde management skills.
- Certification in General Insurance (BCP, PGI& ComGI) is a plus
- University Degree - Any
- Detail-oriented, organized, and able to meet deadlines
- Fluent skills with Microsoft and other office software
- Willingness to learn and adapt in a dynamic and regulated industry
- Strong communication skills, independent, team player and possess can do attitude