Allianz SE Reinsurance Branch Asia Pacific – Intern (Property & Casualty Underwriting)

Company
Allianz SE Reinsurance Branch Asia Pacific
allianz.com
Designation
Intern (Property & Casualty Underwriting)
Date Listed
12 Mar 2024
Job Type
Entry Level / Junior Executive
Intern/TS
Job Period
From Jul 2024 - Jan 2024
Profession
Banking / Finance
Industry
Insurance
Location Name
79 Robinson Rd, #09 01, Singapore 068897
Address
79 Robinson Rd, #09 01, Singapore 068897
Map
Allowance / Remuneration
$1,500 monthly
Company Profile

Since inception in 1999, Allianz SE Reinsurance Branch Asia Pacific has striven to be the preferred reinsurance partner in the Asia Pacific region, providing professional reinsurance solutions and superior service, as well as a diverse pool of expertise and resources. With excellent know-how and underwriting proficiency across all major lines of Non-Life, Life & Health and Agriculture business. Our team in Singapore is well placed to meet the dynamic risk profiles and needs of our customers. The diversity of talent is the key driver of the success and development which has been achieved. 

Job Description

Description of Role

We have an opportunity for an intern to assist the Underwriters with administrative and research tasks at Allianz SE Reinsurance Branch Asia Pacific. This role is ideal for current students or recent graduates who are interested in gaining a better understanding of the insurance and reinsurance industry.

Key Responsibilities

  • Checking group reports for Asia Pacific accounts.
  • Data entry into pricing model, simple pricing analysis and general support of pricing activities.
  • Gather data and perform market analysis.
  • Review contract wordings for changes and compare against guidelines.
  • Updating of contract details within pricing system.
  • Support the company in planning and organising of Corporate Responsibility events.
  • Any other required duties, projects and tasks as assigned by the line manager.

Key Requirements / Experience / Skills

  • Currently working towards a university degree in a related field, e.g. Actuarial Science, Business, Economics, Finance, Mathematics, Statistics, or an insurance related field is advantageous.
  • Eligible to work in Singapore (Singapore Citizen, Singapore Permanent Resident, Student Pass).
  • Fluency in English is mandatory and fluency in Chinese or other Asian languages is considered a plus.
  • Knowledge or prior experience in an insurance related company is advantageous.
  • Minimum commitment of 6 months is required and able to work for at least 3 full days per week.
  • A strong desire to learn the ropes in preparation for a career in the insurance or reinsurance industry.
  • A team player with strong service quality mind-set, adaptable, analytical, detail-oriented, independent, proactive, reliable, resilient, self-motivated and willing to learn.
  • Comfortable with working with data and working under pressure and uncertainty.
  • Culturally savvy with broad international exposure, ideally from an experience overboard, e.g. exchange semester, overseas internship experience, or similar.
  • Demonstrated adaptability, initiative and leadership qualities, e.g. co-curricular activities, previous internships, volunteer work, etc.
  • Provide analytical or intellectual ability, as demonstrated by an outstanding academic track record or similar achievements.
  • Very strong knowledge of Microsoft Office (Excel – Basic Functions & Pivot Table, PowerPoint, Word).

Internship period

  • From first week of July 2024 to end Jan 2025
  • Preferred start date: 01 July 2024
  • Hybrid work arrangement
  • Minimum commitment of 7 months is required and able to work for at least 3 full days per week.

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