General Insurance Manager, Singapore

Roles & Responsibilities
Insurance scope . Responsible for Group's existing insurance portfolio . Reviews and critically assesses the risks and insurance needs of the Group for existing portfolio of assets and operations, and develops insurance strategies for current and future needs . Procures new insurance policies taking into account business needs and keeps tabs on insurance developments and trends in the energy insurance market . Updates underwriting information for insurance renewals and obtains feedback from internal departments to assess adequacy of insurance coverage . Evaluates and negotiates premium rates, insurance terms with brokers and underwriters . Analyses and updates financial ratings of brokers and underwriters annually . Establishes a good working relationship with a panel of brokers and underwriters . Develops and implements policies and SOPs on insurances for the Group . Rolls out a playbook containing a summary of the Group's main insurances for internal departments to reference to when negotiating contracts Project insurances . Reviews insurance requirements of contracts, understands work scope and maps out insurance risk gap analysis in order to procure project specific insurance programs Audit of assets and insurances: . Engages appraisers / insurance consultants to review the valuation of the Group's assets and adequacy of the Group's insurance Insurance claims and administration: . Reports and manages all insurance claims from notification of the claims up to settlement of the claims . Manages database of insurance policies and claims across the Group, including subsidiaries and overseas investments and facilitates renewals and enquiries . Provides updates to Internal Audit team and Senior Management
Requirements . Bachelor's Degree in Law / Business Administration / Finance / Economics or equivalent . Minimum 5 years of proven experience in insurance broking or underwriting industry . Possess excellent communication skills with savvy approach when dealing with insurance brokers and underwriters . Strong understanding of insurance programs and handling insurance claims . Well informed of insurance market trends and issues