INSURANCE TEAM LEADER

Responsibilities:
•    Daily Operation of Department (Functional Work):
    In charge in communicating and coordinating with internal departments and relevant parties to manage COMPANY insurance claim matters within the time frame
    Work on Insurance Matters associated with the Lender requirements
    Work on Budgeting & Reinsurance/Insurance Premium Payment Matters 
    Work closely with Head of Insurance Team for implementation and ensure for the assessment, development, procurement, maintenance, and optimization of the Insurance Program of COMPANY. 
    Assist Head of Insurance in cooperating with key insurance stakeholders including Insurance Broker, Local Insurers, Lead Insurers, Reinsurers, Loss Adjusters, Lenders’ Insurance Advisors 
    Work closely with Head of Insurance Team for procurement/bidding to choose appropriate Insurance Broker, Local Insurers and Reinsurers 
    Work closely with the appointed Insurance Broker & Local Insurers to fulfill the assigned tasks 
    Calculate/Recalculate Reinsurance/Insurance Premium, No claim Bonus, Loss Load, Actual Turnover and additional/refund premium, follow up with payments 
    Work with Head of Insurance and participate with other division/department in activities including insurance and investment matters in COMPANY. 
•    Support the Team to achieve the following common goals: 
    Set-up strategy of the Insurance Program 
    Review the Insurance program and propose the optimization plan together with risk analysis 
    Conduct Broker/COMPANY Renewal Strategy meeting 
    Optimize the insurance clauses in the current Insurance Policies 
    Negotiation with brokers/potential Insurance Leaders about the Terms, Condition, Coverage, Limitation, Deductible of Insurance Policies 
    Monitor the Placement Progress and report to Management Team when/as required 
    Work with local insurers 
•    Procurement 
    Work with Head of Insurance to create, submit for approval and implement COMPANY internal bidding process for Renewal Insurance Program 
    Contribute to create evaluation criteria of bidding process 
    To procure Renewal Insurance Program within the targeted timeline and the approved budget 
    Review and arrange the Renewal for COMPANY's Office Multi Risks, CPM, TPL insurance program, including payments 
•    Reporting 
    Prepare reports, as requested by Head of Insurance Team and the Company’s request 
•    Policy and procedure 
    Make sure all workflows to comply with company’s procedures, manuals, policies 
    Comply with policies/ procedures/ processes applied for Insurance Team 
•    Building capability of teams 
    Develop personal capabilities using existing formal and informal training opportunities, while also coaching others as required. 
    Provide Coaching, mentoring and knowledge sharing to/with other junior staff in the team/department 
•    Strategy: Contribute to the formation of a key element of functional strategy through specialist expertise and insights, to ensure that the strategy meets business needs. 
•    Perform any other tasks, responsibilities and duties as requested by Superiors 

Requirements:
•    At least 5 years management experience in non-life Insurance
•    Well knowledge about General Insurance, Insurance Products (PDBI, Marine, TPL, EIL, D&O), Compliance, Risk Management, ISRS Management system.
•    Report writing and presentation skills in English
•    Fluent communication in English
•    Competency in Microsoft applications including Word, Excel, PowerPoint, and Outlook
•    Basic Knowledge of Common Terms Agreement/Lender’s Insurance Requirements (in other words, Project Finance)