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JAC Recruitment Pte. Ltd

Re-insurance Broker

Early Applicant
  • Posted 13 days ago
  • Be among the first 10 applicants
5-7 Years
SGD 48,000 - 96,000 per month

Recruitment/Staffing/RPO

Job Description

OVERVIEW

Our client, a Japanese re-insurance company, is looking for a broker for their branch in Singapore.
This is a wholesale market facing role and entails assisting the Facultative and Direct teams in placement
of risks and to source for new business opportunities with focus on all classes of Facultative business.

Responsibilities

  • Develop and maintain a good rapport with clients and re/insurers by keeping in touch through emails and regular visits.

  • Prepare new / renewal business proposals. Engage in internal pre-placement, negotiation strategy discussions with Team Head as appropriate.

  • Cover the markets as per internal guidelines, review and negotiate best terms for clients.

  • Confirm renewal/placement of risks with carriers in accordance with internal standards.

  • Ensure proper closure with carriers with complete and accurate documentation.

  • Act as an effective team member aligned to team goals and objectives and participate actively in team strategy meetings.

  • Create new opportunities by actively sourcing additional business from existing portfolio as well as new sources to accelerate revenue growth. Maintain a pipeline of potential expanded opportunities.

  • Identify new placement and product opportunities in regional markets.

  • Develop and document defense strategies to successfully retain existing client base.

  • Select appropriate carriers with expertise in the requisite lines of business.

  • Initiate and create market facilities in LOBs where feasible to maximize leverage.

  • Identify and analyse carrier capacities in new and existing lines of business.

Requirements
  • 5 years of experience in re/insurance field

  • Reinsurance broking experience is preferred

  • Bachelor's Degree in insurance related qualifications

  • Certificate of General Insurance is a must

  • Good verbal and written communication skills

  • Meticulous

  • Ability to work under pressure and within tight deadlines

  • Proficient in Microsoft Office (MS outlook, MS excel, MS words, PowerPoint, PDF)

We regret to inform that only shortlisted candidates will be notified.
Appreciate your understanding.

EA: JAC Recruitment Pte. Ltd.
EA Licence: 90C3026
EA Personnel:R24123855
EA Personnel Name: Mei Kamioka

#LI-JACSG #countrysingapore

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Date Posted: 04/02/2025

Job ID: 105037345

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About Company

JAC Recruitment&#160&#x3B;India is a leading recruiter agency and a leading provider of jobs in India. Specialists in management, finance, IT, engineering, and more.

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