jobs in SOMPO INSURANCE SINGAPORE PTE. LTD.

SOMPO INSURANCE SINGAPORE PTE. LTD. Hiring! Full Time Admin Officer (1 year contract PID) in Central Region (Singapore), Earn up to SGD 3,200 - Ricebowl

Admin Officer (1 year contract PID)

SOMPO INSURANCE SINGAPORE PTE. LTD.

SGD2,700 - SGD3,200 Per Month

Outram, Central Region (Singapore)

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Working Location

  • Outram Central Region (Singapore) Singapore

Job Description

Responsibilities

Key Responsibilities

  • Support the Motor and Foreign Worker Medical Insurance portfolios by managing daily quotation requests and conducting monthly renewal reviews in a timely and accurate manner.
  • Assess, underwrite, and service risks in accordance with the Underwriting Guide, applicable Code of Practice, and internal compliance requirements.
  • Manage the end-to-end monthly renewal review process, including detailed evaluation of each policy or account, ensuring all assigned renewals are completed within stipulated turnaround times and service standards.
  • Build and maintain strong working relationships with assigned scheme partners, intermediaries, and internal stakeholders, while delivering a high standard of service and professionalism.
  • Investigate and resolve discrepancies relating to declare No Claim Discount (NCD) and claims experience, including appropriate follow-up with relevant parties.
  • Support product review initiatives and assist in the implementation of approved changes, including system enhancements, brochure updates, policy wording revisions, and rollout to business partners.
  • Collaborate closely with the Head of Department and/or Manager to support divisional objectives, including top-line growth and bottom-line profitability.
  • Undertake any other ad hoc duties and responsibilities as assigned by management.



EDUCATION / PROFESSIONAL QUALIFICATION

  • Diploma holder in any discipline or equivalent

EXPERIENCE & ANY SPECIFIC SKILLS SET REQUIRED

  • Minimum 1 years of experience in relevant industry

SOMPO INSURANCE SINGAPORE PTE. LTD.

Sompo Insurance Singapore Pte. Ltd. (Sompo Singapore) was formed in 2013 from the merger of Sompo Japan Insurance (Singapore) Pte. Ltd. and Tenet Insurance Company. In January 2014, it acquired the general insurance business of NIPPONKOA Insurance Co., Ltd., Singapore branch, to form an even larger entity in Singapore. Formerly known as Tenet Sompo Insurance Pte. Ltd., Sompo Singapore changed its name in May 2016 as part of the Sompo Japan Nipponkoa Group’s (Sompo Group) brand strategy to strengthen the “SOMPO” brand by unifying its group companies’ names.

Sompo Singapore aspires to become the premier general insurer in both personal and commercial lines through disciplined underwriting, service excellence and product innovation. It aims to provide the expertise and options for its customers to make the best informed decisions for their insurance needs.

The company provides a comprehensive range of general insurance products and services including commercial insurance such as property, marine cargo, liability and engineering, and personal insurance consisting of travel, personal accident, private car, domestic maid and home insurance.

Sompo Singapore’s parent company, Sompo Japan Nipponkoa Insurance Inc.(Sompo Japan), is Japan’s largest general insurance company with a global business network covering 228 cities in 32 countries and regions. Sompo Japan has a strong credit rating of A+ and Sompo Singapore has a credit rating of A by Standard and Poor’s.

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