China Re Group is the largest reinsurance group in Asia and the 8th globally by gross premium income. The Group is rated “A (excellent)” continuously by A.M. Best since 2010, rated “A+” or “A” continuously by Standard & Poor’s since 2014.
In 2016, we set up China Re Singapore Branch with the approval of a license from the Monetary Authority of Singapore. Our office is located within Raffles Place, at CapitaGreen on Market Street. Currently, we are writing both life and general business in the Asia Pacific region.
We are now seeking to fill the following position in our Singapore team.
Claims Senior Executive/Assistant Manager (depending on experience)
Responsibilities:
• Directly involved in all aspects of the claims handling process
• Ensure timely update of claims records and conduct regular review of claims details to ensure up-to-date info, accuracy and adequacy of reserves
• Assess and calculate liability of claim against coverage for approval
• Ensure all settlement of claims are properly documented and approved within authority limit.
• Monitor claims development and collate losses for major loss events
• Analyze and collate the claims statistics for underwriting evaluation/renewal and for reserve review purpose.
• Follow up on claims to attain up to date status
• Liaise with cedants and brokers to achieve clarity in claims situation
• Communicate with relevant depts on claims updates
• Liaise with head office on overall settlement exceeding authority granted
Requirements:
• Minimum Diploma holder
• At least 2 - 5 years of working experience in handling general insurance claims, preferably in a reinsurance environment
• Familiarity with the SICS system and MS Excel will be an added advantage
• Fluent in written and spoken languages
• Possess good communication and interpersonal skills
• Able to work well in a team
• Salary commensurate with experience
What We Offer:
• Competitive salary and entry level based on experience.
• Opportunities for professional growth in a global, dynamic environment.
• Be part of a diverse and inclusive team, working with industry experts across multiple regions.