(Asst) Group Insurance Manager

Job description

Your new role The successful candidate will directly support Assistant Vice President of Group Insurance in overseeing and optimizing the Group’s comprehensive insurance portfolio. You will act as a trusted advisor to corporate functions and business units, delivering strategic insurance advice, managing complex claims, reviewing contracts, and executing annual policy renewal, including but not limited to • Corporate Advisory: Serve as a primary point of contact to advise business units and corporate functions on insurance risk exposure, coverage strategies, and claims management. • Contract Analysis: I ndependently evaluate and negotiate insurance contract terms to safeguard company assets and mitigate liabilities in alignment with Group policy. • Broker & Insurer Management: Communicate closely with insurance brokers and insurers to negotiate competitive terms, premium rates, and cost structures, ensuring timely issuance of policies and invoices. • Risk Assessment & Site Visits: Lead periodic insurance and engineering site surveys to secure optimal underwriting outcomes prior to risk inception and policy renewals. • Financial & Executive Reporting: Leverage financial acumen to analyze insurance data, prepare budget forecasts, and design compelling executive-level presentations for senior management approval. • Renewal Underwriting: Direct end-to-end insurance renewal processes, reviewing cover notes and policy documentation to guarantee robust coverage. • Claims Management: Oversee the end-to-end claims lifecycle with insurers and loss adjusters to ensure prompt and equitable settlements. To succeed in this role • Recognized university degree in Insurance, Risk Management, Finance, Business, Engineering, or a related discipline • Professional qualifications (e.g., ACII, ANZIIF, or equivalent) are highly preferred • 5-10 years of relevant corporate insurance or risk management experience, ideally within a large enterprise or regional corporate structure • Exceptional command of numbers with a demonstrated ability to interpret complex financial data, model insurance budgets, and evaluate cost-risk trade-offs • Advanced skills in MS Excel and PowerPoint • Hands-on experience or a strong keenness to utilize AI tools for presentation creation and data visualization is a distinct advantage • Agility to adapt to evolving business needs • Strong problem-solving capabilities, and excellent negotiation skills • Fluency in spoken and written English and Chinese (including Mandarin) Candidates with less experience will be considered for the Assistant Manager position