Philippines Jobs

Reinsurance Associate Jobs at UCPB General Insurance in Pasig, Metro Manila

UCPB General Insurance company logo
Published 9 months ago

This job vacancy has been posted for more than 180 days, there is a possibility that the vacancy is no longer valid. Please check here to see more information.

UCPB General Insurance is currently accepting applications for the position of Reinsurance Associate in the Pasig area. The job type available for this position is Full-time.

We are looking for candidates who possess proficient skills and have a minimum of beginners/seniors in the respective field. In addition to technical expertise, we highly value traits such as honesty, discipline, and a strong sense of responsibility in our prospective employees.

UCPB General Insurance operates within the (according to the company) industry. If you are interested in applying for this position and joining our esteemed organization, we encourage you to submit your application promptly.

Job Information

Company:UCPB General Insurance
Position:Reinsurance Associate
Region:Metro Manila, Pasig - Metro Manila
Education:Confidential
Job Type:Full-time

Job Description

Department

Reinsurance Services

Type

Regular

Job Description

1. Reviews the statement of account against the Aging Analysis to ensure completeness and accuracy of the printed statement. Identifies discrepancies and advises IT for correction.

2. Releases the Statement of Account and monitors delivery to the Cedants and Reinsurers.

3. Facilitates collection of checks from the Cedants and Reinsurers. Negotiates exchange of checks when necessary.

4. Analyzes the details of payment of Cedants and Reinsurers and compares details and subjectivities against own record.

5. Monitors the issuance of Official Receipts and encodes the details of payment to the computer system.

6. Verifies premium payment of outward facultative claims and sends reminder letters and communicates to the concerned departments on the immediate collection of outstanding premiums.

7. Initiates reconciliation of accounts with Cedants and Reinsurers and conducts company visits as needed.

8. Monitors status of payment requests and coordinates with reinsurers availability of checks.

9. Monitors and coordinates with the Finance Department the release of Outward Facultative Premiums to Reinsurers.

10. Prepares monthly collection report on Facultative RI Premium and Loss Recoveries.

Qualifications

1. Bachelor’s degree in Finance, Business Management or any related field.

2. Standard and accepted use of the English language.

3. Experience in the same function or job is an advantage.

4. Knowledge or experience in non-life insurance is also an advantage.

Benefit

  • Comfortable environment
  • Taught when starting work
  • Salary bonus for overtime

Application Requirements

  • Physically and mentally healthy
  • Minimum age of 17 years
  • Disciplined and punctual
  • Honest and responsible
  • Good personality
  • Enthusiasm in working and learning
  • For other requirements, please check through the job form.

Company address

Province Metro Manila
City Pasig
Full Address Ucpb General Insurance, 1605 Doña Julia Vargas Ave, Ortigas Center, Pasig, Metro Manila, Philippines
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Company Information

UCPB General Insurance

UCPB General Insurance is a reputable insurance company based in the Philippines. With a strong commitment to providing reliable insurance solutions, UCPB General Insurance has established itself as a leading player in the industry. Their comprehensive range of insurance products and services caters to the diverse needs of individuals, businesses, and organizations. Backed by a team of experienced professionals and a solid financial foundation, UCPB General Insurance is dedicated to delivering excellent customer service and ensuring peace of mind for its policyholders. Whether for automobile, property, health, or other insurance needs, UCPB General Insurance is a trusted choice.