Hybrid Assistant Manager, Property and Casualty chez Income Insurance Limited
Income Insurance Limited · Singapore, Singapour · Hybrid
- Junior
- Bureau à Singapore
Description:
- Responsible to develop Property & Casualty and Motor (Broker) business.
- To manage, develop and growth a designated panel of intermediaries by assisting to retain existing business and generate new business opportunities with intermediaries.
- Underwrite and accept risks within the Underwriting guidelines and acceptance limit.
- Ensure that both target & underwriting growth are met as set out by Head of Section and /or Head of Department
Key Responsibilities include:
- To provide quotations and negotiate terms with intermediaries to ensure the hit ratio is within satisfactory level.
- Underwrite and accept risks within delegated authority as specified in Underwriting Guidelines, Treaty and Acceptance Limits to achieve effective implementation of business.
- To place facultative reinsurance outwards for risks exceeding Treaty capacity, and/or for the purpose of minimizing and spreading risk exposure
- To secure Special Acceptance approval from Treaty for potential accounts beyond Income’s retention or Treaty’s parameter
- To assist Motor underwriters in business development for Brokers’ channel.
- To constantly identify intermediaries with potential / business opportunities and build stronger rapport.
- To adhere to company rules & regulations, compliance and corporate governance to ensure no breach in daily business activities
- Carry out market research by soliciting intermediaries' feedback, analyse competitors' packages and quotations, in consultation with Head of Section.
- To provide technical advice and trainings to intermediaries
- To assist and work as a team with the Servicing team in securing the renewal accounts as & when required.
- To assist to recruit and set up new broker account as and when required
- Submission of instructions including follow-up of documents with Business Processing to ensure that service standard is met
- Stand-in for administration works if required
- Assist to backup colleagues if they are not available such as leaves & etc
- Guide intermediaries on the online Bix system including resolving issues, if any.
- Undertake other duties or projects assigned by Head of Section &/or Head of Department
Other competencies and traits:
- Good team player and able to interact with both internal and external parties
- Able to work under pressure and to make decision by offering solutions
- Able to self-motivation to achieve high target set
- Reliable and trustworthy person who can deliver when is expected and work within deadlines
- Maintain good relationship with colleagues from other sections &/or department to ensure smooth workflow
- Strong connection and/or close rapport with intermediaries
- Adequate in underwriting and products technical knowledge
- Adapts well with constant changes/focus in the company
- Familiar with MS Office (Excel, PowerPoint, Word)
- Service oriented with excellent communication, interpersonal and presentation skills
- Degree/Diploma holder in any field
- Candidates with insurance certifications CGI preferred
- Have 1 to 2 years of working experience in the Commercial Lines Insurance industry in a similar capacity preferred