Siong Gim TAN
Senior Underwriter, Power & Industrial Property at Helvetia Versicherungen- Claim this Profile
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Bio
Experience
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Helvetia Insurance Germany
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Germany
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Insurance
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100 - 200 Employee
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Senior Underwriter, Power & Industrial Property
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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
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Swiss Re Corporate Solutions
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Switzerland
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Insurance
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700 & Above Employee
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Underwriter Energy Onshore & Utilities
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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
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SCOR
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France
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Insurance
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700 & Above Employee
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Energy & Power Underwriter
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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
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Shell
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United Kingdom
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Oil and Gas
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700 & Above Employee
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Senior Finance Product Analyst
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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
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ExxonMobil
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Oil and Gas
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700 & Above Employee
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Sales Engineer
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Feb 2011 - Apr 2011
- Customer Relations: Maintain customer relationships
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Business Analyst
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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
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Contact Engineer
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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
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Education
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Singapore Management University
Master of Science (M.Sc.), Applied Finance -
National University of Singapore
Bachelor of Engineering (B.Eng.), Chemical Engineering