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.