Siong Gim TAN

Senior Underwriter, Power & Industrial Property at Helvetia Versicherungen
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Contact Information
us****@****om
(386) 825-5501
Location
SG

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Experience

    • Germany
    • Insurance
    • 100 - 200 Employee
    • Senior Underwriter, Power & Industrial Property
      • Apr 2020 - Present

      - Underwriting: Risk and Underwriting analysis for Power Plants, Steel Mills, Chemical Plants and other Industrial Properties seeking reinsurance arrangements - Relationship Management: Maintaining relations with commercial partners through regular conversations - Negotiations: Negotiate with brokers and direct insurance companies for improved commercial terms - Underwriting: Risk and Underwriting analysis for Power Plants, Steel Mills, Chemical Plants and other Industrial Properties seeking reinsurance arrangements - Relationship Management: Maintaining relations with commercial partners through regular conversations - Negotiations: Negotiate with brokers and direct insurance companies for improved commercial terms

    • Switzerland
    • Insurance
    • 700 & Above Employee
    • Underwriter Energy Onshore & Utilities
      • Feb 2018 - Nov 2019

      - Underwriting: Underwriting analysis for Asia Pacific refineries, petrochemical plants and power plants procuring insurance or reinsurance - Underwriting: Underwriting analysis for Asia Pacific refineries, petrochemical plants and power plants procuring insurance or reinsurance

    • France
    • Insurance
    • 700 & Above Employee
    • Energy & Power Underwriter
      • Mar 2015 - Jan 2018

      - Underwriting: Risk and Underwriting Analysis for Asia Pacific refineries, petrochemical plants and power plants purchasing insurance/reinsurance - Relationship Management: Maintaining relations with key broking firms and cedants through regular conversations, meetings and underwriting trainings to deepen business relations and to increase market visibility. - Business Development: Grew the premium for the 2016 China refining and petrochemical portfolio significantly through more marketing visits and discussions. - Negotiations: Negotiate with brokers and direct insurance companies for improved commercial terms or premium margins Show less

    • United Kingdom
    • Oil and Gas
    • 700 & Above Employee
    • Senior Finance Product Analyst
      • Nov 2012 - Feb 2015

      - Hydrocarbons Accounting: Performed hydrocarbons mass balancing to ensure accurate refining margins analysis and to minimise oil loss impact to the refinery profitability. - Financial Modelling: Analysed natural gas contract negotiation proposals and commercial options to successfully prevent Take-Or-Pay exposure of 60 million USD to the manufacturing site. - Energy Cost Reporting & Forecasting: Developed an energy cost analysis tool to identify value leakages as well as to improve monthly energy cost forecasting. Show less

    • Oil and Gas
    • 700 & Above Employee
    • Sales Engineer
      • Feb 2011 - Apr 2011

      - Customer Relations: Maintain customer relationships

    • Business Analyst
      • Nov 2008 - Jan 2011

      - Analysis: Evaluated the impact of changes in steam and electricity pricing brought about by plant expansion; allowing informed and appropriate decisions on utilities pricing to be made. - Management Accounting: Conducted manufacturing cost accounting and reporting so that cost over-runs could be identified and the applicable cost control measures could then be formulated. - Corporate Planning & Budgeting: Forecasted the Utilities and Olefins businesses annual corporate budget through detailed planning and effective time management under a tight timeline with multiple on-going assignments so as to obtain sufficient corporate funding (~200–250 million USD). Show less

    • Contact Engineer
      • Jun 2007 - Oct 2008

      - Team Leadership: Led a cross-functional effort of ~ 20 people to trouble-shoot naphtha raw material issues and subsequently executed a project to prevent losses of ~4 million USD per year.- Project Management: Improved reliability of the hot oil circuit and heating furnace through evaluations and projects that resulted in ~5% higher annual production. - Optimisation: Optimised manufacturing processes through proactive monitoring of refinery feed plan and timely coordination to ensure production of the higher margin products had been maximised. Show less

Education

  • Singapore Management University
    Master of Science (M.Sc.), Applied Finance
    2011 - 2012
  • National University of Singapore
    Bachelor of Engineering (B.Eng.), Chemical Engineering
    2003 - 2007

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