- Tanjong Pagar Central Region (Singapore) Singapore
PRICE FORBES BROKING (ASIA) PTE. LTD. Hiring! Full Time Broker, Corp Risk - International in Central Region (Singapore), Earn up to SGD 8,000 - Ricebowl
Broker, Corp Risk - International
PRICE FORBES BROKING (ASIA) PTE. LTD.
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Job Description
Responsibilities
Responsibilities:
To support and work closely with the Head of Corporate & International Risks to manage and grow the Corporate & International Risks portfolios, including production and placement activities into the Singapore and international markets.
Deputies for the Head of Corporate & International Risks, in their absence, providing actionable advice and effective management of the business.
To identify and act upon new business opportunities on a direct, wholesale, and facultative basis which promote the profitable development of the business.
To participate in the development of the Corporate & International Risks (re)insurance business in line with the Company's plans and targets.
To facilitate the prompt placement of Corporate & International Risks (re)insurance contracts in accordance with the client’s requirements and needs, in a timely manner in accordance with regulatory requirements acting in the best interest of the client and the company at all times.
To provide a quality service to clients covering all aspects of their (re)insurance arrangements; to advise, arrange, and secure the appropriate cover at a competitive premium.
To engage existing clients to ascertain if there are further opportunities.
Support the Head of Corporate & International Risks on:
The renewal business portfolio
New business production
The marketing & placement of risks
Client Servicing
Growing the team as we build out our wider Professional & Healthcare Risks capabilities in Singapore
To meet the financial and operational targets set by the Corporate & International Risks Department.
To promote effective and regular communication within the Corporate & International Risks Department and with other Departments.
To promote and ensure compliance with the Company’s Rules and Procedures and other management instructions, in particular with regard to:
The conduct and recording of business
Confirmations and evidencing of cover
Recording and filing of all communications and discussions
The safeguarding of client monies
The escalation and reporting of breaches, errors & omissions, disputes, and complaints
Support the liaison with other departments to ensure that a coordinated approach is adopted on matters with cross-company impact.
Reporting to the line manager in a timely manner to update on the performance and ensure the line manager and Compliance Officer is made aware of:
Any matter that might expose the Company to a claim, legal action, or regulatory action/investigation.
Any serious disciplinary cases.
To ensure sound business practices and an adequate and proactive risk control framework within the team.
To exercise judgment when reviewing proposals, either new or renewals.
To maintain up-to-date and orderly files, and ensure documents are saved and files are passed on to others in accordance with Company Rules and Procedures.
Any other relevant tasks that your line manager may from time to time require you to enact.
Representing Price Forbes
Champion the Price Forbes name and core values.
Collaborative – we build on our own experience of innovation to push boundaries in partnership with clients.
Tenacious – we are relentless and clear-sighted in our pursuit of new and ground-breaking ideas.
Creative – we take a fresh perspective on risk, seeking new solutions to the trickiest questions.
Open – we are open-minded and future-ready, and we embrace uncertainty.
Represent Price Forbes with clients, agents, suppliers and other organizations.
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.
Your scope of duties is not restrictive and may be expanded at the company’s discretion.
Skills & Experience
Essential
At least 3 Years of Reinsurance experience
Proven experience managing Client portfolios and handling placements independently.
Strong client servicing and stakeholde management skills.
Certification in General Insurance (BCP, PGI& ComGI) is a plus
University Degree – Any
Detail-oriented, organized, and able to meet deadlines
Fluent skills with Microsoft and other office software
Willingness to learn and adapt in a dynamic and regulated industry
Strong communication skills, independent, team player and possess 'can do' attitude
Our history has made us. The future will define us. Price Forbes is the strategic partner clients need today to break new ground tomorrow. Building on more than 100 years as the home of specialist insurance broking, we partner with clients around the world who are looking to understand and balance today’s risk and plan for the future.
To navigate the future, you’ve got to make history. In an increasingly complex world, success in business relies more than ever on effective and strategic risk management.
At Price Forbes, we take pride in placing even the most complex risks, empowering the next generation of brokers and driving progress across the industry.
Price Forbes is a truly global wholesale insurance and reinsurance broker with offices in the world’s key regional and global insurance centres. We match risks brought to us by expert retail brokers and those seeking reinsurance coverage with underwriters in these major markets.
Price Forbes Broking (Asia) was established in Singapore in 1996, is the Regional Head Office in Asia Pacific. Regulated by the Monetary Authority of Singapore (MAS), the Company is licensed to undertake general insurance and reinsurance business and specialises in Property and Energy, Specialty and Accident and Health businesses.
To support and work closely with the Head of Corporate & International Risks to manage and grow the Corporate & International Risks portfolios, including production and placement activities into the Singapore and international markets.
Deputies for the Head of Corporate & International Risks, in their absence, providing actionable advice and effective management of the business.
To identify and act upon new business opportunities on a direct, wholesale, and facultative basis which promote the profitable development of the business.
To participate in the development of the Corporate & International Risks (re)insurance business in line with the Company's plans and targets.
To facilitate the prompt placement of Corporate & International Risks (re)insurance contracts in accordance with the client’s requirements and needs, in a timely manner in accordance with regulatory requirements acting in the best interest of the client and the company at all times.
To provide a quality service to clients covering all aspects of their (re)insurance arrangements; to advise, arrange, and secure the appropriate cover at a competitive premium.
To engage existing clients to ascertain if there are further opportunities.
Support the Head of Corporate & International Risks on:
The renewal business portfolio
New business production
The marketing & placement of risks
Client Servicing
Growing the team as we build out our wider Professional & Healthcare Risks capabilities in Singapore
To meet the financial and operational targets set by the Corporate & International Risks Department.
To promote effective and regular communication within the Corporate & International Risks Department and with other Departments.
To promote and ensure compliance with the Company’s Rules and Procedures and other management instructions, in particular with regard to:
The conduct and recording of business
Confirmations and evidencing of cover
Recording and filing of all communications and discussions
The safeguarding of client monies
The escalation and reporting of breaches, errors & omissions, disputes, and complaints
Support the liaison with other departments to ensure that a coordinated approach is adopted on matters with cross-company impact.
Reporting to the line manager in a timely manner to update on the performance and ensure the line manager and Compliance Officer is made aware of:
Any matter that might expose the Company to a claim, legal action, or regulatory action/investigation.
Any serious disciplinary cases.
To ensure sound business practices and an adequate and proactive risk control framework within the team.
To exercise judgment when reviewing proposals, either new or renewals.
To maintain up-to-date and orderly files, and ensure documents are saved and files are passed on to others in accordance with Company Rules and Procedures.
Any other relevant tasks that your line manager may from time to time require you to enact.
Representing Price Forbes
Champion the Price Forbes name and core values.
Collaborative – we build on our own experience of innovation to push boundaries in partnership with clients.
Tenacious – we are relentless and clear-sighted in our pursuit of new and ground-breaking ideas.
Creative – we take a fresh perspective on risk, seeking new solutions to the trickiest questions.
Open – we are open-minded and future-ready, and we embrace uncertainty.
Represent Price Forbes with clients, agents, suppliers and other organizations.
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.
Your scope of duties is not restrictive and may be expanded at the company’s discretion.
Skills & Experience
Essential
At least 3 Years of Reinsurance experience
Proven experience managing Client portfolios and handling placements independently.
Strong client servicing and stakeholde management skills.
Certification in General Insurance (BCP, PGI& ComGI) is a plus
University Degree – Any
Detail-oriented, organized, and able to meet deadlines
Fluent skills with Microsoft and other office software
Willingness to learn and adapt in a dynamic and regulated industry
Strong communication skills, independent, team player and possess 'can do' attitude
Our history has made us. The future will define us. Price Forbes is the strategic partner clients need today to break new ground tomorrow. Building on more than 100 years as the home of specialist insurance broking, we partner with clients around the world who are looking to understand and balance today’s risk and plan for the future.
To navigate the future, you’ve got to make history. In an increasingly complex world, success in business relies more than ever on effective and strategic risk management.
At Price Forbes, we take pride in placing even the most complex risks, empowering the next generation of brokers and driving progress across the industry.
Price Forbes is a truly global wholesale insurance and reinsurance broker with offices in the world’s key regional and global insurance centres. We match risks brought to us by expert retail brokers and those seeking reinsurance coverage with underwriters in these major markets.
Price Forbes Broking (Asia) was established in Singapore in 1996, is the Regional Head Office in Asia Pacific. Regulated by the Monetary Authority of Singapore (MAS), the Company is licensed to undertake general insurance and reinsurance business and specialises in Property and Energy, Specialty and Accident and Health businesses.
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