Risk Finance Specialist
AboitizPower
- Taguig, PhilippinesNAC Tower, 32nd Street, Bonifacio Global City, Taguig, Metro Manila, PhilippinesTaguigMetro ManilaPhilippinesPhilippines
- Full timeFULL_TIME
Posted a day ago and deadline of application is on 14 Mar
Recruiter was hiring a day ago
2025-01-14T06:39:13.572281+00:002025-03-14T16:00:00+00:00Job Description
The position holder is responsible for supporting ARI and working together with AP|AEV and external insurance brokers towards the effective acquisition and management of the organization’s non-life insurance programs and other related insurance requirements.
Responsibilities includes but not limited to the following:
- Lead and/or support the end-to-end procurement, negotiation and management of the insurance requirements of the group; maximization of claims recovery from the insurance policies while minimizing costs and still manage potential risk exposure.
- Lead and/or support insurance related project and financing requirements such as but not limited to lender’s insurance requirements as well as bonds (e.g. performance, surety, etc.) and/or similar guarantee requirements in coordination with the insurance broker.
- Lead and/or support insurance decision making processes with the creation and maintenance of insurance related dashboards, flash reports, forecasting, budgeting, monitoring, documentation and other housekeeping | compliance requirements.
- Ensuring compliance to data privacy of ARI.
- Perform other tasks and responsibilities to support the corporate planning and business performance team deliverables as the need or urgency arises.
Insurance, Risk, Premiums and Claims Management
- Lead and/or support in the design and recommends insurance cover requirements of the company, including endorsements for further enhancements in coverage terms and conditions.
- Lead and/or support negotiations with insurance brokers and/or advisers on insurance purchases to maximize coverage at the most cost-effective price.
- Evaluates the cost effectiveness of insurance programs and the quality of service provided by insurance carriers.
Insurance Project and Financing Requirements (Bonds and Insurance Due Diligence)
- Lead and/or support the end-to-end process of sourcing and engaging lenders insurance advisors to perform insurance due diligence as required by the banks.
- Make sure that lender insurance requirements are submitted to the bank on time and are less restrictive towards the organization in order to make a more risk-based decision on insurance procurement.
Insurance Data Analytics, Dashboards and Reporting
- Design and maintain insurance related dashboards and flash reports to aid in insurance related decision-making process.
- Provide data gathering, data analytics and recommendations in insurance related decision-making process based on available data.
Minimum Qualifications
Minimum Qualifications
- At least 3-4 years combined experience in insurance management or risk finance related to the utilities sector is required.
Preferred Qualifications
- Relevant experience with power generation sector, renewable energy sector, risk management and project management is preferred.
- Knowledge in Non-Life Insurance Management, Risk Management, ISO 31000, ISO 27000, COSO standards, FM Global, other risk engineering standards, insurance industry.
- Bachelor’s Degree in Finance, Business or Engineering. Project Management Professional (PMP) Certification or any other related certifications are an advantage.
- Good communication and presentation skills;
- Proficiency in Excel and PowerPoint (PPT)
Jobs Summary
- Job Level
- Entry Level / Junior, Apprentice
- Job Category
- Accounting and Finance
- Educational Requirement
- Bachelor's degree graduate
- Office Address
- NAC Tower, 32nd Street, Bonifacio Global City
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About AboitizPower
Who we are
AboitizPower is a major Philippine energy provider focused on building a balanced fleet of generation capacities. We also manage the second and third largest electric power distribution networks across the country, providing Filipinos energy they need to prosper.
What we do
We provide reliable and affordable electricity through responsible operations and investments while supporting the country's energy transition goals.
Our impact
We are proud to be among the Philippines' leading providers of energy and aim to continue paving the way toward a brighter, more sustainable future for everyone.
AboitizPower is an equal opportunity employer. We believe that a diverse and inclusive workforce is crucial to our purpose of driving change for a better world. We consider and encourage all applicants without discriminating against age, sexual orientation and/or gender identity, disability, political opinion, religion, nationality, marital or parental status (including pregnancy), ethnicity or other status protected by law. Our equal opportunity and non-discrimination policy applies in all aspects of employment, including recruitment, hiring, regularization, promotions, transfers, discipline, termination, benefits and training.
We urge everyone to be vigilant against scams that involve fraudulent offers of employment with Aboitiz Power Corporation. AboitizPower will never ask or solicit any form of payment at any point during the job application process. AboitizPower only uses its official pages and links to communicate open roles and its recruitment. To ensure your security, please correspond and refer to the official channels only. Our official channels are:
1. Aboitiz Power Corporation Website: https://www.aboitizpower.com
2. Careers Website: https://careers.aboitizpower.com
3. LinkedIn: https://www.linkedin.com/company/aboitizpower