Job Description
For Price Forbes Companies situated within the Asia-Pacific, you are required to provide support to the Technical Admin Team as required on the following: -
- (Re)insurance New & Renewal Business and Endorsement Processing for all lines of business (Facultative, Specialty, A&H, Marine, Special Risks and Trade Credit risk).
- Carry out Broking File Reviews
- Handle Broking System Billings (i.e. Debit/Credit Notes and Premium Closings.)
- Preparation of all (re)insurance related technical documentation, ensuring completeness and accuracy – Evidence of Covers (EOCs), Cover Notes & Addenda.
- Brokers liaison
- Processing enquiries handling
- Technical Filing and Documentation
Job Requirements
- Responsible for (Re)insurance New & Renewal Business and Endorsement processing as assigned.
- Review and verify placement documents and ensure accuracy against all correspondence.
- Ensure the insurers and reinsurers are in the approved security listings.
- Ensure completeness of checklists and accounting form (i.e. compute premium payable, warranty/instalments due date etc.)
- Ensure accurate data setup at the broking system for the issuance of Debit/Credit Notes and Premium Closings.
- Ensure timely and accurate issuance of the (re)insurance related technical documentation, meeting service standards and document turnaround time.
- Brokers liaison and work closely with Finance department in resolving any technical queries.
- Update of production and tracking spreadsheets.
- Ensure accuracy of clients’ & market information
- Ensure Contract Certainty requirement.
- Support annual audit and E&O review as a team.
- To handle technical filing and documentation, including annual files archive. Ensuring documents are saved and files are passed on to the others in accordance with Company Rules and Procedures.
- Perform any other duties as assigned.
Representing Price Forbes
- Champion the PF name and core values.
- Represent PF with clients, agents, suppliers and other organisations.
Compliance
- Comply with relevant legal, regulatory and compliance requirements, E&O compliance procedures and quality initiatives.
- Escalation of any potential E&O's to Division Head / Directors at the earliest opportunity.
- Ensure completion of all mandatory Company training and to deadline.
Knowledge Required
- Detailed understanding and knowledge of Insurance & Reinsurance and relevant legal principles.
- Detailed understanding of the Company’s internal procedures and practices.
Requirements / Skills Required
- Minimum Diploma holder
- No prior experience required but relevant experience is a good advantage
- Collaborative team working approach.
- Ability to prioritise and organise own workload.
- Ability to work under pressure.
- Ability to work with employees at all organisational levels.
- Accurate and attentive to detail.
- Good written and verbal skills.
- Proficiency in Microsoft Office 365 (Outlook, Excel, Word) and Adobe.
- Only Singaporeans & SPRs need apply.
Why Work With Us?
- Comprehensive Medical, Dental & Life insurance coverage
- Wellness allowance
- Flexible work arrangement
- Open concept office in CBD
- Generous annual leave entitlement
- 'Dress for your day' policy
- Early Friday finish
