Senior/Business Analyst (Insurance - Marine & Specialty)

For the past 75 years, MS First Capital has been actively involved in the non-life insurance business both in Singapore and across Asia. Our roots can be traced back to the 1950s where we engaged in writing both personal and commercial lines of non-life insurance business across various classes such as Fire, Engineering, Marine Hull, Marine Cargo, Bond, Professional Indemnity, Motor, Public Liability, Worker's Compensation, Personal Accident and other Miscellaneous Accident.

We are a reputable source of cutting-edge insurance options, catering to a diverse range of clients, both individuals and corporate. We are proud that our financial strength rating of 'A+ (Superior)' with 'Stable' outlook has been reaffirmed by AM Best, given our consistently impressive financial performance. We are also recently awarded Top 300 Employer by the Singapore Opportunity Index for our effort in creating meaningful career pathways, fostering inclusive growth, and investing in our employees' potential.

This is a perfect gateway into the highly niche sector of non-life reinsurance, part of Singapore's bustling financial services sector. As a wholly-owned entity of the world-renowned Mitsui Sumitomo Insurance (MSI) Group, we are dedicated to developing talents for our sector. As a member of our talent pool, you can look forward to comprehensive professional training, sponsorship of professional qualifications, a friendly and collaborative culture and a competitive compensation package.

Key Responsibilities

1. Specialty Underwriting Workflow

• Document and optimise workflows for:

* Marine Hull risk assessment
* Marine Cargo transit risk management
* Offshore Energy
* WICA
* Liability Commercial Motor Fleet underwriting

• Improve:

* Risk aggregation visibility
* Exposure monitoring
* Endorsement handling efficiency

2. Claims & Loss Management

• Map claims lifecycle across:

* Hull & total loss scenarios
* Cargo transit claims
* Fleet claims management

• Identify system enhancements for:

* Large loss tracking
* Reserve governance
* Reinsurance recovery tracking

3. Technology Modernisation

• Lead requirements for:

* Workflow automation
* Exposure aggregation integration
* Claims system integration
* Data migration & reconciliation

• Produce BRDs, integration specs and user stories.
• Support SIT/UAT cycles.

4. Risk & Exposure Management

• Understand aggregation across ports / fleets / airspace.
• Support catastrophe and accumulation reporting integration.

Requirements

Mandatory:

• 7+ years in Marine and Specialty Commercial insurance.
• Strong understanding of underwriting & claims lifecycle.
• Delivered system implementation or modernisation project.
• Strong analytical and stakeholder management skills.
• Experience with specialty underwriting systems.
• Exposure to exposure management platforms.

Due to the volume of applications received, we will only contact shortlisted candidates. We may retain your personal data for as long as it is necessary to fulfil the purposes for which they were collected, or as required or permitted by applicable laws. Should you disagree, please contact our Data Protection Officer <[email protected]> for more information on the retention and disposal of your personal data.