Insurance Team Leader

Daily Operation of Department (Functional Work):
 In charge in communicating and coordinating with internal departments and relevant parties to manage NSRP 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 NSRP.
 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 etc. 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 NSRP.
Support the Insurance 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/NSRP 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/Loss Adjusters
Procurement
 Work with Head of Insurance to create, submit for approval and implement NSRP internal bidding process for Renewal Insurance Program, Local Insurance Services.
 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 NSRP'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.