Finance

Risk & Insurance Manager

Lead Level   •   BGC, Taguig

Job Description

The primary purpose of this role is to liaise with the different business units in identifying and assessing risks that may adversely affect the company’s finances, operations, health & safety and overall public perception and prepare appropriate risk mitigation plans. The individual will be responsible for developing an optimal insurance coverage to ensure adequate insurance coverage is maintained at all times while minimizing insurance premiums based on acceptable levels of risk.

Responsibilities:

  • Oversight of relationship management with Insurance Companies and/or Broker(s)
  • Develop and implement insurance and risk management policies & procedures
  • Ensure company employees adhere to and comply with claims procedures
  • Act as primary liaison with the different business units in identifying and assessing risks and advising unit heads in evaluating insurance options
  • Manage and administer purchased insurance policies and (self-insurance) including:
    • Assist in the procurement and/or renewal of insurance policies whether as part of group
      coverage with shareholder companies or individually as a company
    • Manage the overall policies to ensure that service delivery is being provided in accordance with the terms of the purchase
    • Overall responsibility for coordinating with insurance companies/broker for filing of insurance claims made by the company, negotiation of insurance payouts and review of insurance claims made by third-parties against the company as is permitted according applicable authorization matrices
    • Take lead in organizing company efforts in complex/sensitive claims that may involve litigation, including liaising with relevant internal and/or external parties and ensuring an organized approach to managing the claims process resulting in an optimal financial outcome for the company
    • Maintain appropriate filing of documents and records to ensure proper file organizations, including financial records (insurance assets, reserves, payments, claims etc.)
    • Maintain insurance asset registry to ensure proper insurance coverage is maintained at all times. This will include being the point person for the company in updating records and notification of insurers of any changes affecting the business
    • Other duties consistent with the main purpose and objectives associated with the function

Qualifications:

  • Demonstrated experience in managing processes and people, particularly with insurance brokers, and claims adjusters
  • Insurance industry experience (with logistics experience an advantage)
  • Detailed experience with technical insurance requirements, policy wordings and market practice
  • Experience in conducting risk assessments and risk management
  • Familiarity with health & safety policies/procedures and business continuity planning
  • 4+ years experience (preferred)
  • Facilitation, training and communication skills
  • Strategic thinking to anticipate changes in the business, risks and ability to adapt
  • University graduate (Accounting, Business or Finance an advantage)
Please note that only shortlisted candidates will be notified for next steps. Rest assured that your application is kept in our active pool for reference.
 
Entrego is not partnering with new recruitment vendors at the moment. Vendors who provide unsolicited resumes shall waive rights to claim for placement fees in the event that candidate is eventually engaged.

Application Process

1 Resume Screening


2 Online/Phone Screening


3 Onsite assessment and interviews