Job Description

About Security Bank

We are the Philippines’ largest independent bank, having won countless awards over the years including the most prestigious industry award in both 2015 and 2016—the Bank of the Year – Philippines by The Banker.

We’re changing how people bank. From the moment customers enter our branches to their experience online, we make them feel valued and empowered.

Now, with more than 300 branches spanning the country, BetterBanking has become the gold standard in improving the banking lives of millions of Filipinos. But we’re far from done.

In our constant pursuit of excellence and improvement, we create teams that support our business and each other.

The Role

As Insurance Management Unit Head, you will be responsible for the overall supervision of the daily activities of the unit. He/she shall ensure proper and timely processing of the enrollment and renewal of insurance policy both life and non-life. He/she shall also monitor the payments of insurances as to its completeness and enforceability. Likewise, he/she shall strictly enforce the existing policies and procedures of the SB Finance related to insurance management.

How you’ll contribute

• Supervises the process flow, duties and responsibilities, functions of the Insurance Management Unit
• Ensures correctness and timely remittance of payment with insurance companies
• Monitors the Company’s Commission given by the insurance companies which infuses income to the company
• Monitors the enrollment, renewal and claims of all accounts insured
• Accommodates and monitors the insurance requirements as well as claim reports of loan borrowers including those enrolled under Philippine Guarantee Corporation (PGC), FWD, and other life and non-life insurance companies
• Responsible for updating insurance functions for the process improvement of the Unit
• Monitors data base for Request for Payments, Requested Insurance Policies for each Providers
• Supervises the activities of the unit adhering to established service level agreement and turn-around time commitments are met without sacrificing quality to ensure accurate and timely implementation of insurance transactions as well as customer satisfaction
• It is accepted and understood that the employee may perform other related tasks which may be assigned from time to time

What we’re looking for

• Bachelor’s Degree in Audit & Taxation, Banking, and Financial, Corporate Finance/Investment, General/Cost Accounting, Credit (Evaluation/Appraisal) Studies/Administration/Management, Finance/Accountancy/Banking
• At least 5 yrs. relevant experience in Insurance Management. Preferably with strong background in insurance management, loans operations, people management, decision making, and stress management skills.
• Proficient with Microsoft Office
• Knowledgeable in Banking regulations, lending operations, and other Financing processes
• Possess administrative skills; keen on details, ability to spot process improvement
• Strong background in insurance business, problem-solving, decision making, and negotiation skills
• Excellent organizational skills.
• Good People management skills
• Ability to effectively communicate with all levels within the organization and external parties

 

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