• Ensuring that captive insurance deliverables are effectively being executed on-time, which includes coordination with the various third parties pertinent for the operation of the captive insurance. Details are as follows:

• Captive Insurance Manager
• Re/Insurance Brokers
• Re/Insurance Companies
• Auditors, Tax Agents, Regulators (Singapore & Philippines)
• Actuaries
• And all other parties pertinent for the operation of the captive insurance
• Ensuring that the captive is financially stable, with ample protection against various financial exposures, by ensuring that correct premium pricing is applied, and recoveries following losses has been properly implemented
• Ensuring that the captive can secure other revenue stream, aside the premium that it is getting from its internal clients (i.e. Investment Income, etc.
• Preparation and presentation of management reports
• Facilitations of captive board meetings
• Ensure that the captive complies with all relevant legal and regulatory requirements both locally and in Singapore, including insurance regulations, corporate governance, and reporting obligations
• Overseeing claims process, ensuring timely and accurate handling, and coordinate with internal teams and external providers, such as loss adjusters and reinsurers
• Leverage data analytics to monitor loss trends, financial performance, and key metrics, benchmarking the captive’s performance against industry standards.
• Maintain strong relationships with key stakeholders, including internal clients, board members, and external service providers, ensuring transparent communication.
• All other tasks as required by its immediate superior
  
  

Please refer to job description.