Deputy Manager/Manager (Insurance)

Deputy Manager/Manager (Insurance)

We are looking for an experienced insurance professional to lead the management of captive and non-captive insurance programs across our Singapore business units and to provide advisory support for our Southeast Asian portfolio. The successful candidate will be part of a team ensuring adequate coverage for business operations, compliance with local regulations, and effective risk mitigation.

Key Responsibilities

• Manage all captive and non-captive insurance programs, ensuring timely procurement, renewals, and strict adherence to corporate guidelines and control procedures.

• Coordinate with various internal stakeholders to ensure insurance policies align with company risk management strategies and operational needs.

• Lead the tender process for new and renewal insurance policies, including selection, evaluation, and negotiation with brokers and insurers.

• Review and assess insurance policies for appropriate coverage, wordings, terms, and exclusions.

• Manage the operations of the Captive Insurance Company in partnership with the Captive Manager, including but not limited to governance and compliance, financial

performance, and management reporting.

• Oversee the insurance claims process from registration to settlement, ensuring claims are handled promptly and efficiently by the administrative team.

• Engage and communicate with all relevant stakeholders during claims processing to facilitate positive resolution.

• Monitor claims trends and identify loss control issues.

• Prepare and deliver periodic reports on claims status, insurance coverage, and risk metrics to management.

• Build and maintain strong working relationships with brokers, loss adjusters, captive managers, insurers, and other insurance partners.

• Support identification, assessment, and mitigation of business risks through insurance and other risk transfer mechanisms.

• Participate in and contribute to corporate projects, risk management initiatives, and continuous improvement activities as assigned.

Requirements

• University degree holder in a relevant discipline.

• At least 5 years of experience in a similar insurance or risk management role.

• Strong technical knowledge of insurance, including policy structure, coverage evaluation, and claims management.

• Demonstrated ability to lead, motivate, and influence team members.

• Skilled in managing multiple stakeholders and driving successful project outcomes.

• Strong analytical thinking and attention to detail

• Proactive, resourceful, and committed to continuous improvement.

• Excellent communication skills – verbal, written, and presentation.

• Resilient and ability to manage pressure and competing priorities

• Flexible and agile in responding to business needs and change

• Collaborative team player with a proactive mindset

Only shortlisted candidates will be notified.