OVERVIEW
Our client, a Japanese re-insurance company, is looking for a broker for their branch in Singapore.
This is a wholesale market facing role and entails assisting the Facultative and Direct teams in placement
of risks and to source for new business opportunities with focus on all classes of Facultative business.
Responsibilities
Develop and maintain a good rapport with clients and re/insurers by keeping in touch through emails and regular visits.
Prepare new / renewal business proposals. Engage in internal pre-placement, negotiation strategy discussions with Team Head as appropriate.
Cover the markets as per internal guidelines, review and negotiate best terms for clients.
Confirm renewal/placement of risks with carriers in accordance with internal standards.
Ensure proper closure with carriers with complete and accurate documentation.
Act as an effective team member aligned to team goals and objectives and participate actively in team strategy meetings.
Create new opportunities by actively sourcing additional business from existing portfolio as well as new sources to accelerate revenue growth. Maintain a pipeline of potential expanded opportunities.
Identify new placement and product opportunities in regional markets.
Develop and document defense strategies to successfully retain existing client base.
Select appropriate carriers with expertise in the requisite lines of business.
Initiate and create market facilities in LOBs where feasible to maximize leverage.
Identify and analyse carrier capacities in new and existing lines of business.
5 years of experience in re/insurance field
Reinsurance broking experience is preferred
Bachelor’s Degree in insurance related qualifications
Certificate of General Insurance is a must
Good verbal and written communication skills
Meticulous
Ability to work under pressure and within tight deadlines
Proficient in Microsoft Office (MS outlook, MS excel, MS words, PowerPoint, PDF)
We regret to inform that only shortlisted candidates will be notified.
Appreciate your understanding.
EA: JAC Recruitment Pte. Ltd.
EA Licence: 90C3026
EA Personnel: R24123855
EA Personnel Name: Mei Kamioka
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