Job Description

Location

Singapore, Singapore

Job type

Full-Time

Work mode

Hybrid

Job level

Professional

Job ID

11359

Company

Munich Re

Employment type

Regular

Area of expertise

Claims & Underwriting

Munich Re is the world's largest reinsurer and a leading provider of reinsurance solutions across Asia. Southeast Asia is one of the most dynamic, high-growth regions globally, presenting significant opportunities for Munich Re's continued expansion.


Reporting to the Head of Claims, Life & Health Southeast Asia & High Net Worth, the Claims Consultant will be part of the Munich Re Singapore Claims team, focusing on technical claims assessment while delivering exceptional client and customer service.

Your Role

Assess claims across a portfolio that includes Critical Illness (CI), Total and Permanent Disability (TPD), Long-Term Care (LTC), and Death benefits, and provide expert advice to clients on these portfolios. Advise and support client companies on disputed or complex claims, as well as on claims management practices and assessments procedures. Develop subject matter expertise in reinsurance treaties, reinsurance processes, and training. Contribute to quotations for new and existing treaties, including developing appropriate claims guidelines for all products. Build and maintain strong relationships with clients. Participate in audits of client companies and provide analysis, risk mitigation insights and practical recommendations for business improvements. Collaborate closely with internal stakeholders--including Client Management, Pricing, Underwriting, and the Regional Claims and Underwriting teams--to identify and manage key portfolio risks. Work collaboratively within the Munich Re Singapore team to drive process enhancements and strengthen technical capabilities in claims. Engage actively with industry associations and represent Munich Re's interests when required. Deliver training sessions and seminars to clients as needed.

Your Profile

Bachelor's or master's degree in science, medical science, pharmacy, insurance related studies is preferred 5-10 years of life insurance experience, ideally in a claims assessment role. Reinsurance life claims experience is desirable but not essential. Knowledge of reinsurance practices will be an advantage. Strong technical competencies in assessing Critical Illness (CI), Total and Permanent Disability (TPD), Death, and Long-Term Care (LTC) claims. Experience in claims auditing (including internal quality assurance) is an advantage. Willingness to undertake client audits within Singapore and across the broader Asia region. Conscientious, diligent and a self-motivated team player. Proactive individual who can work effectively with a wide range of internal and external stakeholders. Excellent interpersonal, communication (both verbal and written), complemented by strong organizational abilities. Demonstrates initiative and sound decision-making skills, with the ability to work effectively under pressure.
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the center of this interaction is each of us.



Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary
We provide fair and competitive compensation that reflects your performance and commitment.
Company performance-based Incentives
In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.
Recognition and Special Rewards
We recognise outstanding individual contributions through a variety of targeted rewards and incentives.
Retirement Planning
We support your long-term financial wellbeing with retirement solutions aligned with local regulations.
Inclusive Workplace Culture
We foster a respectful, inclusive, and values-driven environment.
Learning & Development
We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.
Work-Life-Balance
Supporting your ability to balance family, leisure, and your career.
Health & Wellbeing
We support your physical and mental health through a range of programs and activities in each location.