Insurance Broking Executive Assistant/Executive

Work under the supervision of Broking Managers in providing broking support to the team for Protection & Indemnity Commodities/ Other marine classes/ Financial Lines/ Trade Credit/General Insurance placement. Candidate is expected to support the team administratively while also picking up the basics of the various classes of insurance.

Responsibilities

• Liaise with clients and prospects to understand their insurance needs and advising them on the available insurances coverage available.
• Obtain relevant underwriting information from clients for submission to underwriters for quotation and terms.
• Review rates, terms and conditions of quoted insurances and advising clients.
• Prepare documentation required for insurance placement including quotation slips, placement/ closing slips, schedules and calculations, cover notes, endorsements and ensuring that required level of insurance capacity is obtained.
• Collate documents and information relating to claims as received from various parties.
• Monitor clients’ statement of accounts and collection of premiums.
• Undertake relevant training and examinations as necessary to carry out role and fulfil Continuing Professional Development (CPD) requirements.
• Undertake special assignments, ad hoc functions and related duties as assigned.
• Review list of renewal business on regular basis, timely renewal preparation and necessary action to ensure expiring policies are renewed.

Requirements

• Candidate must possess at least Diploma in Business or Science or Engineering (marine/non marine) or law and/or Certificate in General Insurance from the Singapore College of Insurance or equivalent. Fresh Polytechnic Graduates will also be considered for the role.
• Positive work attitude and good interpersonal skills
• Good time management and adherence to timeline
• Details oriented and with strong admin skills.
• Preference will be given to candidate candidates who have demonstrated strong administrative skills in previous roles and already possess a Certificate Insurance from Singapore College of Insurance.
• Candidate is required/expected to complete a Certificate in General Insurance from the Singapore College of Insurance within 3 to 6 months of joining the team.