COMPANY DESCRIPTION
A leading general insurer with a local presence of over 100 years, MSIG Singapore offers an extensive range of insurance solutions for commercial and personal risk protection, enabling the security and safety of individuals and businesses. MSIG Singapore holds an A+/Stable financial rating by Standard & Poor's.
A testament to its growing strength and influence, MSIG Singapore has garnered numerous awards for delivering digitally innovative and customer-centric solutions. In 2023, 2022 and 2020, MSIG Singapore was awarded Insurance Asia Awards' Claims Initiative of the Year.
MSIG is a subsidiary of Mitsui Sumitomo Insurance Co., Ltd, and a member of the MS&AD Insurance Group - one of the largest general insurance groups in the world with presence in 50 countries and regions globally, 18 of which are in Asia Pacific including all ASEAN markets as well as in Australia, New Zealand, China, Hong Kong, Taiwan, South Korea and India. Headquartered in Japan, MS&AD is amongst the top non-life insurance groups in the world based on gross revenue.
RESPONSIBILITIES
- Assist the Manager in executing the key SME/Banca Commercial strategies
- Responsible for the profitable growth and development of SME/Banca Commercial business to meet assigned targets
- Renewal reviews to ensure invited terms are aligned with company guidelines and standards.
- Collaborate with Underwriting, Reinsurance and Claims teams to manage loss ratios
- Negotiate, underwrite, accept and renew business base on assigned underwriting authority
- Ensure compliance of Company's underwriting guidelines, service standards and all relevant regulatory requirements
- Monitor outstanding premium payable and implement the company's credit control policy
- Undertake any other duties as may be assigned
- Degree / Diploma / GCE ‘A' level qualification &/or professional insurance qualifications
- Certificate in General Insurance (BCP/PGI/CGI) & HI
- At least 5 years of relevant experience in sales and/or servicing of general insurance accounts an Insurer or Broker
- Proficient in underwriting and/or advising commercial lines of business
- Experience in managing teams
- Experience in Bancassurance and/or Direct business an advantage
- Sound GI underwriting knowledge
- Good communication skills
- Selling and negotiation skills
- Relationship management
- Digital Savviness
