Risk Management Specialist
5 days ago
About the Role
We are seeking a highly skilled Risk Management Specialist to join our team at Social Housing Finance Corporation. As a key member of our Program Development and Enhancement Group, you will play a critical role in ensuring the effective management of mortgage insurance risks.
Key Responsibilities:
- Supervise the preparation and review of monthly premium remittance reports, disbursement vouchers with supporting documents/computations,and schedules for prepayment and renewal of MRI/Fire premiums to protect our mortgages against death of beneficiaries and/or damages brought by fireand/or lightning;
- E nsure that all accounts for exclusion from MRI/Fire renewal coverage are properly deducted from premium remittance reports;
- Check computation of over/under payment of premium due to full payment of loan, expiry of term, death, restructuring, and adjusted loan values forrefund or collection from the borrower upon mortgage withdrawal;
- Oversee the immediate settlement of claims;
- Ensure and monitor preparation of periodical status reports on premium remittances, claims/settlements, and the team's accomplishments;
- Recommend systems upgrade/changes significant to the improvement of the Department's output;
- Address and suggest possible solutions to issues and concerns encountered daily;
- Review existing policies and recommend revisions/updates to adapt to new SHFC programs/projects;
- Attend meetings relative to insurance matters; and
- Perform other related tasks that may be assigned by the Immediate Superior.
Requirements:
- Bachelor's Degree in Business Administration preferably major in Accounting or Accounting-related;
- At least 2 years of relevant work experience;
- At least 8 hours of relevant training;
What We Offer:
A competitive salary of approximately P48,830 per month, reflecting the company's commitment to fair compensation and attractive benefits package.
The successful candidate will have the opportunity to work in a dynamic and supportive environment, collaborate with a talented team, and contribute to the success of Social Housing Finance Corporation.
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