About Igloo
Igloo (formerly Axinan) is the first full-stack insurtech firm to emerge from Singapore. With offices across Singapore, Indonesia, Thailand, the Philippines, Vietnam, Malaysia, China and India, Igloo is fueled by a mission of making insurance accessible and affordable for all. Igloos innovation solutions empower companies to eliminate operational risk, drive new revenue streams and optimise and enhance their existing products and services. With a successful Pre-Series C fund round of US$36 million in Dec 2023, Igloo has now raised over US$100 million. The leading regional insurtech firm looks to expand regionally with strategic acquisitions and hiring great talent.
As a passionate team building meaningful solutions to make an impact, we are looking for like-minded individuals to join us at Igloo. At our core, we prioritise teamwork and foster a culture built on strong collaboration and we are looking for talented people like you.
About the role
We are seeking an experienced Placement Executive with a strong focus on placement life and health insurance product to join our dynamic team. As an Placement Executiveyou will support the Life & Health insurance business by managing the end-to-end policy placement process. You will act as a key coordinator between internal teams, and insurance partners to ensure a seamless experience for our customersto make Igloo become the future of insurance.
Job Responsibilities
- Support management towards realizing business objectives, focusing in Life and Health insurance
- Support IPS, Insurance & Brokerage, and Commercial Team regarding all the administrative activities
- Following up to Insurance company about the SLA of Cover Note / Policy Book printing
- Controlling the SLA of Policy Issuance
- Contact Insurance companies and do the schedule to ask them sign the Policy Book (if under CO-Insurance company)
- Ensuring process of wet signature from leader to member (for co-insurance company) runs smoothly
- Monitoring the process of printing invoice from Finance and sending it Insurance Company/Customers
- Monitoring the Endorsement Processes
- Responsible to order bind to Insurance
- Creating new Placement slip for the renewal notice calculation due date and sending to Customers
- Ensuring Policy books are sending accurately to Customers within SLA
- Monitoring and synchronizing premium bookings between placement and finance through insurance broking system
- Assisting finance team for premium collection monitoring
Requirements
- Bachelor's degree in Insurance, Actuarial Science, Business Administration, or a related field
- Minimum 3 years of experience in the insurance industry, specifically within aPlacement, Policy Administration, Underwriting, or Operationsrole
- Solid understanding ofLife & Health Insuranceproducts, policy terms, and renewal cycles is essential
- Previous experience working within anInsurance Brokerageor anInsurtechcompany is highly preferred
- Strong command of Microsoft Excel and tech-savv
- Proven ability to manage strict SLAs and high-volume administrative tasks with zero errors
- Strong interpersonal skills to effectively coordinate with insurance companies and internal departments
- Having an APAI or AAAIJ (or equivalent) certification is a plus
