Captive Insurance Operations Lead
6 days ago
Job Summary:
We are seeking a highly experienced Captive Insurance Operations Lead to join our team at Aboitiz Power. This role is responsible for the execution of all captive insurance activities, ensuring that deliverables are executed on-time and in compliance with regulatory requirements.
Main Responsibilities:
- Captives Risk Management: Responsible for ensuring that captives are financially stable, with ample protection against financial exposures, by ensuring correct premium pricing and recoveries following losses.
- Portfolio Performance Monitoring: Monitors loss trends, financial performance, and key metrics, benchmarking against industry standards.
- Regulatory Compliance: Ensures that captives comply with relevant legal and regulatory requirements locally and in Singapore.
- Claims Process Oversight: Oversees timely and accurate claims handling, coordinating with internal teams and external providers.
- Data Analytics: Leverages data analytics to monitor portfolio performance and identify areas for improvement.
Requirements:
- Risk Management and Underwriting: Knowledge of risk assessment, underwriting practices, and risk management techniques.
- Financial Analysis and Reporting: Proficiency in financial analysis, budgeting, and reporting.
- Regulatory Compliance Knowledge: Familiarity with insurance regulations, especially those related to captive insurance.
- Leadership: Intermediate-level leadership skills.
- Project Management: Intermediate-level project management skills.
Education and Certification:
- Degree in Finance, Accounting, Actuarial Science, Statistics, Mathematics, or related field required.
- Relevant risk management, insurance (including captive insurance) certification/trainings required.
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