
Reinsurance Head
3 days ago
Pasig, National Capital Region, Philippines
Fortune General Insurance Corporation
Full time
₱450,000 - ₱600,000 per year
A Reinsurance Head / Manager oversees and manages an organization's reinsurance program both Inward and Outward, ensuring efficient risk transfer and compliance, while also managing relationships with reinsurers.
Reinsurance Program Management:
- Develop and implement reinsurance strategies aligned with the company's risk appetite and financial goals.
- Negotiate and secure reinsurance treaties and facultative agreements.
- Monitor and manage reinsurance programs, including premium payments, claim recoveries, and reinsurance accounts.
- Ensure compliance with regulatory requirements and industry best practices.
- Manage and maintain relationships with reinsurers and reinsurance brokers.
Risk Management:
- Identify, assess, and manage risks related to reinsurance activities, including credit risk, market risk, and operational risk.
- Develop and implement risk management frameworks and procedures.
- Monitor and report on reinsurance performance and risk exposures.
Financial Management:
- Prepare and review reinsurance budgets and forecasts.
- Monitor and analyze reinsurance profitability.
- Ensure accurate and timely accounting and reporting of reinsurance transactions.
Team Leadership (if applicable):
- Supervise and mentor reinsurance staff, providing guidance and support.
- Develop and implement training programs for reinsurance staff.
- Evaluate and manage the performance of reinsurance staff.
Other Responsibilities:
- Participate in internal and external audits.
- Collaborate with other departments, such as underwriting, claims, and finance.
- Stay abreast of industry trends and developments.
Job Types: Full-time, Permanent
Pay: Php30, Php50,000.00 per month
Benefits:
- Company events
- Employee discount
- Health insurance
- Life insurance
- Paid training
- Promotion to permanent employee
- Work from home
Work Location: Hybrid remote in Pasig