Assistant Director, Property

at  PRICE FORBES BROKING ASIA PTE LTD

JOB DESCRIPTION

• To support and work closely with CEO and Assistant Director, Facultative to manage and grow the Facultative portfolios, including production and placement activities into the international markets.
• To identify and act upon new business opportunities on a wholesale and facultative basis which promote the profitable development of the business.
• To participate in the development of the Facultative reinsurance business in line with Company’s plans and targets.
• To facilitate the prompt placement of Facultative reinsurance 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 reinsurance arrangements; to advise, arrange and secure the appropriate cover at a competitive premium.
• To assume responsibility for:
• The renewal business portfolios
• New business production
• The marketing & placement of risks
• Client Servicing
• To meet the financial and operational targets set by the Department.
• To promote effective and regular communication within the 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 on a timely manner to update on the performance and ensure the line manager is made aware of:
• Any matter which might expose the Company to a claim, legal action or regulatory action/investigation.
• Any serious disciplinary cases.

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.

REQUIREMENTS / SKILLS REQUIRED:

• Previous exposure to a leadership and management role(s), track record as a trusted team leader as well as a good team player.
• Ability to organize and delegate tasks effectively.
• Ability to prioritize and organize own workload to ensure that deadlines are adhered to and targets are met.
• Ability to work under pressure and to manage, lead, motivate and influence others.
• Excellent written and verbal communication skills.
• Ability to develop and sustain relationships with both internal and external parties.
• Confidence in representing the department or the company both internally and externally.
• Proficient computer skills, such as Microsoft suites, etc.

• To be familiar with the detailed regulatory obligations imposed by Monetary Authority of Singapore (MAS).
• To ensure you are trained and competent to perform your duties to the required standard and in compliance with the Monetary Authority of Singapore (MAS) regulations.
• Detailed understanding and knowledge of general insurance and underlying legal principles.
• Detailed understanding of the Company’s internal procedures and practices.