Job Description

The Treaty Consultant is responsible for ensuring timely and accurate completion of reinsurance treaty documentation, within corporate guidelines and with appropriate review and sign-off for reinsurance arrangements. The position approves the set-up of, and changes to treaty records within the TAI reinsurance administration system and manages the completeness and accuracy of all treaty data and support. This is a new position for Asia and has the opportunity to help shape our processes and internal and external frameworks, build reinsurer relationships while changing the market dynamic, and with significant visibility across Manulife Asia operations.

Position Responsibilities

  • Ensures appropriate development, review and revision of Reinsurance treaties in Asia.
  • Ensures signed Reinsurance treaty is properly executed and stored.
  • Assists in the development of standard wording used in Reinsurance treaties.
  • Develops and maintains a strong partnership with internal and external stakeholders.
  • Assesses risks and exposures and negotiates acceptable wording with the client and business unit leaders.
  • Ensures each Reinsurance agreement is supported by documentation in the form of Treaties, Amendments, Addenda, Letters of Agreement or Letters of Intent, which are consistent with the nature of the agreement and in line with Manulife standards.
  • Ensures alignment with the Companys business interests, legal position and regulatory requirements.
  • Ensures the completeness and accuracy of electronic treaty data, which is used for business decisions and financial reporting.
  • Provides analysis of proposed and existing treaty documentation and/or electronic treaty records to internal and external clients.
  • Manages projects that are driven by a need to update/create/analyze documentation.
  • Maintains and assists in updating treaty procedures.

Required Qualifications

  • Excellent oral and written communication skills.
  • Ability to effectively influence and negotiate with internal and external stakeholders.
  • Ability to work autonomously and under pressure.
  • Proficient analytical, problem-solving and organizational skills in order to meet requirements of the business unit.
  • Ability to manage several projects simultaneously, while maintaining a high attention to detail and accuracy.
  • Good interpersonal skills with the ability to work independently or as part of a team.
  • Knowledge of insurance and reinsurance principles, structures, practices and trends is an asset.
  • Knowledge of upstream and downstream processes impacting reinsurance (pricing, underwriting, in-force management) is an asset.
  • Ability to adapt to new technology independently and contribute to change management efforts.
  • Amenable to work in a hybrid set-up (3x a week onsite)
  • Amenable to work on a mid-shift schedule

When You Join Our Team

  • We’ll empower you to learn and grow the career you want.
  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
  • As part of our global team, we’ll support you in shaping the future you want to see.

This job description is not a comprehensive listing of all job duties required for this role. We reserve the right to change these duties or assign additional duties at any time with or without notice

About Manulife And John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Working Arrangement

Hybrid


Job Details

Role Level: Entry-Level Work Type: Full-Time
Country: Philippines City: Quezon City National Capital Region
Company Website: http://www.manulife.com Job Function: Consulting
Company Industry/
Sector:
Insurance

What We Offer


About the Company

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