Multinational Program Senior Specialist - Downtown Core, Singapore - Allianz Commercial

Allianz Commercial

Verified Company

Downtown Core, Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Multinational Program Senior Specialist

Let's care for tomorrow.

Your ambitions. Your dreams. Your tomorrow.
Allianz Commercial (AZC) is the global leader for insuring corporate and specialty risks in the Allianz Group.

Whether it's aircraft, satellites, the world's biggest ships and tallest building, cyber-attacks, or climate change impacts, AZC has the major risks covered when it comes to protecting businesses.

Job Purpose / Role:

Build strong relationships and proactive engagement with Clients, Brokers, and Underwriters. Be the focal contact point for all services relating to Multinational Program. Perform front-to-end activities for Multinational accounts prospect, submission, renewal to expiration. Attend client/broker meetings and support Allianz Commercial business development activities, including presenting and demonstrating our global capabilities.

Key Responsibilities:

Responsible for multinational insurance programs & policies of medium to high complexity (i.e., complex reinsurance panels). Review and interpret source underwriting materials regarding completeness of required information including broker presentation, slips, underwriting files and accounts / claims experience and if required, escalation to UW in case of missing information.
In case of AZ multinational programs, provide recommendations to UW on program structure (i.e., Deal support), steering of implementation globally, including providing instructions to all involved SOEs, reconciliation of all issues and addressing questions regarding cover and wording with UW. Ensure all local policies are issued in a timely fashion and client expectations are met.
Ability to handle new business multinational submissions independently and ensure smooth a smooth program implementation for our brokers and clients.
Develop effective working relationships with internal and external customers, including Underwriting, Accounts / Credit Control, Reinsurance Accounts, Clients, and Brokers and attend relevant internal and external meetings. Regular and extensive exchange with clients regarding all account specific matters
Acting as mentor / trainer for new joiners.
Using all relevant information to populate IT system(s) accurately and efficiently with new and renewed business. Invoice customers and produce all relevant documentation, e.g., policies, certificates, endorsements to broker (or client), coinsurers, captives, and reinsurers. Compiling of standard and nonstandard policy wordings. Regular reconciliation and discussion of content with UW and broker/customer.
Chase and reconcile premiums exploiting underwriting file and system entries in close collaboration with Credit Control. Liaise with brokers and/or Underwriters, to ensure timely premium payment. Coordinates premium chasing and reconciliation activities. Work directly with brokers on a daily basis and ensure a high level of multinational client services is provided.
Contribute to projects and as adhoc request as required.

Key Experience / Requirements / Skills:

Experience in working in an international environment.
3 to 5 years prior working in insurance, reinsurance or broking industry.

Technical Skills

Ability to continuously develop technical and systems knowledge, business, and insurance understanding.
Good understanding of relevant products, wordings, terms and conditions and coverages.
Advanced understanding of policy administration life cycle, including information collection, policy issuance, premium bookings, credit control, cancellation.

General Skills

Communication Skills verbal / written communication and interpersonal skills.
Task Planning time management skills and experience of scheduling tasks in accordance with daily review of priorities.
Ability to motivate others; effective team player, training and coaching of staff.

Education / Certification

Completion of a recognized insurance qualification (or equivalent in the Financial sector).

Languages

English
Fluent (able to negotiate).

What is in it for you?

Let's care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong.

We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.

Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package.

Let's care for your opportunities to progress

From career development and digital learning programmes to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns
From our support for flexible working, health, and wellbeing (including private healthcare