Munich Re Syndicate Singapore Pte Ltd – Underwriting Assistant – Intern

Company
Munich Re Syndicate Singapore Pte Ltd
munichre.com
Designation
Underwriting Assistant - Intern
Date Listed
04 Apr 2024
Job Type
Entry Level / Junior Executive
Intern/TS
Job Period
Flexible Start, For At Least 6 Months
Profession
Others / General Work
Industry
Insurance
Location Name
Cross Street, Telok Ayer MRT Station (DT18), Singapore
Work from Home
Address
7 Cross St, Singapore 048416
Map
Allowance / Remuneration
$1,000 monthly
Company Profile

The Syndicate is owned by the Munich Re Group, since 1997, currently under the holding of Munich Re Speciality Group Limited. The Syndicate is comprised of experienced underwriting teams in the areas of cargo, contingency, cyber,  energy, film & entertainment, financial lines, liability, personal accident, political risks, space, specie, trade credit, transport & logistics, yacht & marine trade, war. The Syndicate is one of the major marine insurance underwriters at Lloyd’s of London and is known in the industry for quality claims handling.

Munich Re Specialty Group Limited leads the Group in which Munich Re Syndicate Limited manages Syndicate 457 at Lloyd’s. The Group manages a network of distribution companies including GJW Direct, NMU Specialty, Roanoke Insurance Group Inc. and Syndicate offices in Asia Pacific and Middle East . A separate unit, Watkins Marine Services, which focuses on transportation-related and energy risk management operates within our Lloyd’s broker, Roanoke International Brokers Limited.

Munich Re Syndicate Singapore Pte.Ltd. established in 2000, is committed to providing the highest-quality service to its clients in the Asia-Pacific region. Its experienced underwriting team excels in a variety of niche insurance product offerings, including Offshore Energy, Global Project Cargo, Hull & Machinery, Marine Trade, Marine & Aviation, War, Marine & Transport Liability, Yacht, Political Violence, Financial Lines, Cyber and Personal Accident.

As part of the Munich Re Specialty Group's regional strategy in Asia-Pacific, Munich Re Syndicate Singapore Pte. Ltd. is the central underwriting hub which covers the entire Asia market.


Please visit our website for further information:

www.munichre.com/syndicate457

Job Description

Looking for underwriting assistant inter.

Working locations: Cross Street Exchange

Working Scedule: Monday - Fridays, 9am - 5:30pm (hybrid working environment)

 

Job scope:

• Support insurance-related documentation processing using MS Office Suite and proprietary database. 

• Assist in the preparation and issuance of policies, endorsements and other documentation. 

• Generate and update various reports (monthly, quarterly, ad hoc). 

• Review New Business/Renewal submissions and prepare files for assessment 

• Liaise with multi-functional teams as required. 

• Occasional external communication with brokers, clients and other third parties. 

 

Requirements:

• minimum 6 months commitment (full-time) 

• currently enrolled in a bachelor's in Business Studies, Insurance, Business Administration or a related field 

• able to work independently and in a team environment

Application Instructions
Please apply for this position by submitting your text CV using InternSG.
Kindly note that only shortlisted candidates will be notified.

Related Company Review:

Munich Re
https://www.munichre.com
Type: Insurance Carriers / Insurance
4.2
good company in general
Pros: WFH policy; WLB; Friendly people
Cons: strict headcount no conversion; office space not large
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