Total 2 finance banking insurance job vacancies in Others category in Singapore

We are seeking highly-motivated individuals with professional experience to join our team as Executive, Underwriting.

ERGO Insurance Pte. Ltd. is a registered general insurer regulated by the Monetary Authority of Singapore. We are a wholly owned Singapore subsidiary of ERGO Group AG, one of the major insurance groups in Germany and Europe, and we are the primary insurance arm of Munich Re, one of the leading reinsurers and risk carriers worldwide.

www.ergo.com.sg

There are countless good reasons to pick ERGO as an Employer.

No matter where you are in your career, we offer various development opportunities in all departments at all levels.

You’ll experience a fair and open-minded culture where every employee is trusted and valued.

We support you on your career path. Professional development is a central part of our philosophy: we give all our staff the opportunity to develop, both personally and professionally.

If you have a strong passion to succeed and aspire to join a company that can offer you an interesting and diverse career, we look forward to meeting you!

Requirements

To be successful in this role, you will possess the following experience, knowledge and skills:

• Minimum GCE “O” or “A” or diploma in any discipline.
• CGI Certificate (BCP/ PGI/ Com GI) will be an added advantage.
• Preferably 3 - 5 years of relevant working experience (without prior experience will also be considered).
• Computer literacy skills especially in Microsoft Word and Excel.
• Proficient in English and effective communication and Interpersonal skills.
• Positive working attitude and willingness to learn.
• Have initiative and able to work independently as well as multi-task.

Job description

The successful applicant will:

Underwriting – to assist the Underwriters

• Prepare cover notes and RI slips (to fulfil contract certainty).
• Service Intermediaries and attend to enquiries pertaining to documentations.

Documentation

Timely and accurate issuance of policy (including Open Policies) and/or endorsements (Direct, Co-insurance and RI inward) including the related documents which involves:

• Checking the underwriting information provided and ensuring all documents are in order.
• Keying in of data into the Company’s underwriting system.
• Ensure the whole process is completed within the stipulated turn-around time.

Merimen Portal

• Creation of new account code, user ID and password.
• Downloading &/or sorting of the report for billing purpose.

Finance reconciliation (adhoc)

As and when required to provide Finance with the supporting documents for their reconciliation.

Retrieval of data (adhoc)

• As and when required to generate various reports from the system.
• Documents are to be filled in a timely and orderly manner, be it hard or soft copies.

Others

• To provide training for internal and/or external users on Merimen.
• To guide and train new joinees on the workflow in both PST and eBao.
• Be proficient in the marine cargo and Fine Arts issuance.
• Be proficient in multi-tasking.
• UAT on eBao.
• Any other work as may be assigned.

We are seeking highly-motivated individuals with professional experience to join our team as Manager, Underwriting (Reinsurance).

ERGO Insurance Pte. Ltd. is a registered general insurer regulated by the Monetary Authority of Singapore. We are a wholly owned Singapore subsidiary of ERGO Group AG, one of the major insurance groups in Germany and Europe, and we are the primary insurance arm of Munich Re, one of the leading reinsurers and risk carriers worldwide.

www.ergo.com.sg

There are countless good reasons to pick ERGO as an Employer.

No matter where you are in your career, we offer various development opportunities in all departments at all levels.

You’ll experience a fair and open-minded culture where every employee is trusted and valued.

We support you on your career path. Professional development is a central part of our philosophy: we give all our staff the opportunity to develop, both personally and professionally.

If you have a strong passion to succeed and aspire to join a company that can offer you an interesting and diverse career, we look forward to meeting you!

Requirements

• Degree in any discipline from an International recognized Institution and/or ANZII or ACII
• 5 years & above in a similar capacity within the general insurance industry with sound technical knowledge of all General classes of Insurance as well as Reinsurance Treaty setup
• Strong business acumen to understand economic and business models.
• Strong knowledge of General insurance and reinsurance accounting and reporting
• Good knowledge of reinsurance practice including experience in handling outward reinsurance Treaties and Facultative reinsurance.
• Good analytical skills and excellent interpersonal and communication skills
• Proficient in Microsoft Office, especially Excel and Power Point
• Experience in analysis of data
  

Job Description

• Prepare Annual Treaty renewal data pack including review of Treaty wordings and requirements by the company to achieve the business plan targets.
• Update the Treaty codes and set up in Company's application system on finalization of the Treaty renewals.
• Conduct Underwriting Files peer review.
• To ensure all Reinsurance contracts (inward and outward) are properly documented to meet the Contract
• Certainty requirement and to submit the Contract Certainty monthly.
• Provide ad hoc support to Operations team as required.
• Treaty Special Acceptance requests by Underwriters and Distribution – to co-ordinate as well as to manage the proper recording.
• In co-operation with Claims, to communicate with claims notifications to Reinsurers including cash calls.
• Review of Quarterly Treaty Statement of Accounts done by Finance
• Provide submissions of Regulatory or Group reports relating to Underwriting/Treaty.
• Review and maintain all Underwriting Guidelines to ensure compliance with Group guidelines and Treaty requirements by working closely with respective Product Leaders and CUO.
• Any other duties from time to time assigned by CUO or Management.