Senior Broker, Property

Job Description

• Work closely with the CEO, MDs and Department Head to manage and grow the Direct and Facultative (D&F)Property portfolios, including production and placement activities.
• To identify and act upon new business opportunities which promote the profitable development of the business.
• To facilitate the prompt placement of D&F contracts in accordance with the client's requirements and needs, in a timely manner in accordance with regulatory requirements.
• To provide quality service to clients covering all aspects of their D&F arrangements to advise, arrange and secure the appropriate coverages including but not limited to:

1. Management of existing property portfolio, including their renewals
2. New business through organic and new channels
3. Marketing, placement and servicing of risks

• To meet the financial and operational targets set for the department.
• Promote effective and regular communication across the wider business.
• Promote and ensure compliance with the Company's Rules, Procedures and other management instructions, in particular with regard to:

1. The conduct and recording of business
2. Confirmations and evidencing of cover
3. Recording and filing of all communications and discussions
4. The safeguarding of client monies
5. The escalation and reporting of breaches, errors & omissions, disputes and complaints

• Liaise with other departments to ensure a coordinated approach is adopted.
• Reporting to the line manager on a timely manner to update on the performance and ensure the line manager is made aware of:

1. Any matter which might expose the Company to a claim, legal action or regulatory action/investigation.
2. Any serious disciplinary cases.

Representing Price Forbes

• Champion the Price Forbes name and core values:

1. Collaborative- we build on our own experience of innovation to push boundaries in partnership with clients.
2. Tenacious -we are relentless and clear-sighted in our pursuit of new and ground-breaking ideas.
3. Creative -we take a fresh perspective on risk, seeking new solutions to the trickiest questions.
4. Open - we are open-minded and future-ready, and we embrace uncertainty.

• Represent Price Forbes with clients, agents, suppliers and other organizations.

Legal, Risk and Compliance:

• Comply with relevant legal, regulatory and compliance requirements, E&O compliance procedures and quality initiatives.
• Escalation of any potential E&O's to Department 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.

Regulatory Responsibilities / Knowledge Required:

• To be aware with the detailed regulatory obligations imposed by Monetary Authority of Singapore (MAS).
• To ensure you are trained and competent to perform your duties to the required standard and in compliance with the Monetary Authority of Singapore (MAS)regulations.
• Detailed understanding and knowledge of general insurance and underlying legal principles.

Requirements / Skills Required:

• Compliance with the requirements of MAS502, for the registration as an Insurance Broker.
• Experience placing, managing and servicing, both Direct and Facultative Property(re)insurance contracts across Asia and the Asia Pacific regions.
• Previous exposure to a leadership and management role(s), track record as a trusted team leader as well as a good team player.
• Ability to organize and delegate tasks effectively.
• Ability to prioritize and organize own workload to ensure that deadlines are adhered to and targets are met.
• Ability to work under pressure and to manage, lead, motivate and influence others.
• Excellent written and verbal communication skills.
• Ability to develop and sustain relationships with both internal and external parties.
• Confidence in representing the department or the company both internally and externally.
• Proficient computer skills, such as Microsoft suites, etc.