Careers

Target Insurance Company, Limited (“Target Insurance”), a wholly-owned subsidiary of Target Insurance (Holdings) Limited (“Target Holdings”), was incorporated in 1977. Target Holdings is the first local insurance company successfully listed on the Main Board of Hong Kong Stock Exchange since 15 January 2015 (Stock Code: 6161). As one of the largest motor insurance companies in Hong Kong, Target Insurance is a trusted partner to the transportation industry and provides high quality and professional insurance services to our
customers.

We have successfully developed new general insurance products in 2017; provide an all-rounded, professional and quality general insurance products and services to local enterprises and individual clients. Target Insurance recruited a team of top-tier experienced professionals from international insurance companies, in order to diversify its general insurance products and enhance its professionalism. We embrace new challenges in the future and target to be the most preferred local general insurance company in Hong Kong. 

We are now looking for high caliber with the relevant experience to fill the following positions:

Senior Claims Officer (Employees Compensation)

Job Duties and Responsibilities

  • Review, handle, resolve and proactively finalize Employees’ Compensation claims according to the Company policies and guidelines
  • Conduct in-house global settlement and take proactive approach in monitoring Employees’ Compensation claims in order to minimize claims settlement
  • Develop a claim case strategy to ensure appropriate reserves are assigned, investigations conducted and appropriate suppliers engaged, provide quality customer services and professional claims service to customers and clients
  • Report to Claims Manager on adverse trend of development of claims and clients with adverse claims experience
  • Assist in compiling and analysis of claims related statistics and projects

Requirements

  • Tertiary education or above
  • 3-4 years Employees’ Compensation Claims management experiences
  • Knowledge in insurance principles, claims agreement and Employees’ Compensation Ordinance
  • Experience in legal, Employees’ Compensation, common law claims handling
  • ANZIIF/ACII and/or medical knowledge would be an asset
  • Previous handling corporate client and/or global settlement experience is an asset
  • Good PC skills in MS Word & Excel
Reinsurance Officer

Job Duties and Responsibilities

  • Analyse the risks and evaluate the exposure, adequacy of premium, terms and conditions of each risk accepted
  • Ensure that all acceptances are protected by proper reinsurance arrangement
  • Obtain necessary underwriting information required to place the risk in the international /regional/local reinsurance market
  • Coordinate with reinsurance brokers for placement of each and every declaration in appropriate arrangement
  • Place reinsurance directly to the market or through the broker whether on facultative or any other basis depending on the need of situation
  • Assist in administration of the Company outward reinsurance program
  • Follow up with broker/ceding company for timely submission of closing and accounting documents
  • Review reinsurance closings for basic insurance coverage, terms and conditions, gross and net premiums commissions etc. and correspond / discuss with ceding companies as and when necessary
  • Prepare and ensure the accuracy of reinsurance slips / contracts
  • Prepare reinsurance underwriting and claims statistics including outstanding claims and reinsurance recoveries
  • Calculate reinsurance premium, profit commission and other reinsurance deductions and able to prepare relevant documentation

Requirements

  • Insurance qualification, ANZIIF or ACII, preferably University Graduate in Risk and Insurance Management or any related field
  • 3 to 5 years relevant working experience for the reinsurance department of a General Insurance Company / Property & Casualty Reinsurance Company
  • Have a good knowledge of General Insurance company and the relative reinsurance protection
  • Knowledge of dealing with International Reinsurance markets and Brokers
  • Knowledge of Reinsurance Treaty, Facultative wording and Reinsurance Slips preparation
Policy Administration Officer (Non- Motor)

Job Duties and Responsibilities

  • Prepare issuance of policies, endorsements, renewals and reinsurance arrangements in effective manner
  • Handle enquiries via in/outbound calls/mails on policy administration and underwriting issues in professional manner
  • Handle incoming policy, payment and channel to internal stakeholders within the service standard
  • Support day to day operations including reviewing/screening of policy documents to ensure service deliverables. Manage and monitor premium collection, settlement/refund process
  • Handle ad-hoc tasks as assigned by superior

Requirements

  • Higher Diploma or above
  • 2 years of experience in insurance policy administration of general insurance
  • Possess IIQE is also an advantage
  • Good communication and interpersonal skills
  • Customer orientated, responsive, attentive to details and able to work under pressure
  • Proficient in written and spoken English and Cantonese
  • Good PC skills including Word, Excel & Chinese input
Interested parties please send resume to HR Department by email to hr.target@6161.com.hk or mail to 5/F, Low Block, Grand Millennium Plaza, No. 181 Queen's Road Central, Hong Kong, and state "Target Insurance Company Limited HR department ". If you have any enquiries, please contact 2395 4111.
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