Job Description
MSIG is a leading general insurance provider with a strong presence across Asia. We are currently seeking a proactive and results‑driven Assistant Manager, Segment Profit Centre – Health, to join our Health Insurance team in Singapore. In this pivotal role, you will support the Head of Department in driving the profitable growth and development of our Healthcare segment, contributing to the company’s overall strategic objectives.
You will be responsible for formulating and executing segment strategies, analysing market trends and competitor activity to identify growth opportunities, and collaborating closely with underwriting, claims, and sales teams to deliver innovative health insurance solutions. Acting as a trusted partner to brokers and corporate clients, you will build and maintain strong relationships while ensuring compliance with regulatory and corporate standards. Your financial acumen will be instrumental in monitoring profit centre performance, managing budgets, and delivering actionable insights to senior leadership.
This role offers the chance to lead cross‑functional projects, mentor junior staff, and shape the future of our health insurance offerings. If you are looking for a dynamic career in a forward‑thinking organization that values innovation and excellence, MSIG invites you to apply.
Responsibilities
- Support the Head of Department in developing and executing profit‑centre strategies for the Health Insurance portfolio.
- Analyse market trends, competitor activity, and customer insights to identify growth opportunities and drive profitable revenue.
- Build and maintain strong relationships with brokers, corporate clients, and internal stakeholders to expand the health segment.
- Monitor financial performance, underwriting results, and claims metrics, providing regular reports to senior management.
- Ensure compliance with regulatory requirements, corporate policies, and best practices in risk management.
- Lead cross‑functional initiatives to launch new health insurance products and process improvements.
- Mentor and develop junior team members, fostering a culture of continuous improvement and high performance.
Qualifications
- Minimum 5 years of experience in health or general insurance, with at least 2 years in a supervisory or managerial role.
- In‑depth knowledge of health insurance products, underwriting guidelines, and Singapore regulatory framework.
- Demonstrated track record in profit centre management, financial analysis, and budgeting.
- Excellent communication, negotiation, and stakeholder management skills.
- Proven ability to lead and develop high‑performing teams.
- Bachelor’s degree in Business, Finance, Actuarial Science, or a related field; professional insurance qualifications (e.g., ANZIIF, CII) are advantageous.
- Proficiency in Microsoft Office and familiarity with insurance software and data‑analytics tools.