Marine Account Manager, Assistant Vice President
2 days to apply
LOCKTON COMPANIES (SINGAPORE) PRIVATE LIMITED
Job Purpose
Job Description - Key Tasks and Responsibilities
Qualification and Experience
Qualification
Experience
- To produce new business primarily within Singapore, but regionally as required
- Broking, placing and account servicing of Marine accounts
- To provide programme design, placement, marketing and consultancy services for Lockton's clients in line with agreed account strategies and in accordance with Lockton operating procedures.
Job Description - Key Tasks and Responsibilities
- Understand clients business and risk profile, exposures, needs, expectations and to provide appropriate advice/recommendation on insurance coverage, insurance programme structure and retention strategy.
- To build and maintain ongoing relationships with existing clients includes scheduling and attending meetings and risk survey if any.
- Assist clients in the event of major claims and ensure overall claims service provided based on Lockton's standards.
- Implement, monitor and control the renewal / new client checklist procedure.
- Assist with the resolution of service issues with clients, insurers and global associates.
- Review with appropriate Associates at the earliest opportunity any case under attack or where perceived vulnerable or where there are concerns about the relationship and implement, monitor and oversee a plan of action.
- Preparation and issuance of Quotation/Placement Slips, Insurance Summary based on agreed terms and conditions with Insurers.
- Checking of policy/endorsement/invoice to ensure that it is accurate prior to forwarding to clients.
- Ensure prompt and accurate invoicing and that clients understand the Lockton cash collection terms, monitor, follow-up and resolve debtor queries in a timely manner to ensure prompt payment of premiums and fees.
- Keep abreast of insurance market and products/coverage developments and communicate to appropriate Associates/clients.
- Manage and co-ordinate global insurance programmes and liaison with our producing office, partner network and associates worldwide on prompt and accurate manner.
- To provide support to our global associates in preparing reports or presentations promptly and accurately.
- Ensure all activities that are undertaken are compliant with regulation and Lockton's internal standards and procedures.
- Assist Head of Department with the development and implementation of internal controls and procedures to assure the performance of Associates within the unit.
- Manage and maintain market relationships at both operational and strategic level.
- Identify opportunities for expanded or new business.
- To identify and cross-sell the inter-department services which Lockton is able to provide.
- Maintain renewal income to at least budgeted levels and in line with set and agreed personal objectives.
- Coaching of other Associates
Qualification and Experience
Qualification
- CGI Cert (or equivalent)
- Diploma in General Insurance by SCI or relevant qualification (or equivalent)
Experience
- 5+ years client management in marine / shipping insurance
JOB SUMMARY
Marine Account Manager, Assistant Vice President
LOCKTON COMPANIES (SINGAPORE) PRIVATE LIMITED
Singapore
a month ago
N/A
Full-time
Marine Account Manager, Assistant Vice President
2 days to apply