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Paramount Life General Insurance Corporation
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  • Position OverviewWe are looking for a highly analytical and driven Senior Actuarial Supervisor to support and lead key initiatives in product development. This role plays a critical part in pricing, regulatory compliance, valuation support, and system enhancements—contributing directly to the company’s growth and financial strength.
    Level: SupervisorOffice Location: Makati City Work Hours: 8:00 to 5:00 Mon-Fri
    Key ResponsibilitiesPrepare product viability studies, pricing reports, and documentation required for regulatory approvalLead and monitor User Acceptance Testing (UAT) activitiesSet up new products and rate structures within actuarial systemsConduct pricing of GMI products and other assigned product linesPerform actuarial studies and statistical analysesUpdate and enhance proposal systems and other actuarial toolsProvide actuarial support to cross-functional teams, particularly POS & Claims, Sales, Marketing, and New Business & UnderwritingAssist in non-life valuation processesSupport the implementation and compliance requirements of IFRS 17
    QualificationsEducationBachelor’s degree in Mathematics, Actuarial Science, or a related fieldProfessional & Work ExperienceProven experience in product development (required)At least an Associate/Affiliate of the Actuarial Society of the PhilippinesExperience in non-life valuation is an advantageStrong stakeholder management and communication skillsTechnical CompetenciesAdvanced proficiency in MS Excel (including macros and automation) and MS Office applicationsExperience with data analysis tools such as R, Python, or Google Data StudioExperience using AXIS for actuarial calculations and modellingStrong systems aptitude and ability to manage actuarial software platforms

  • Are you an experienced audit professional ready to take the next step in your leadership career?We’re looking for an Audit Supervisor to join our Internal Audit team.
    In this role, you will lead audit engagements, strengthen internal controls, and help ensure operational excellence across our Head Office and branch operations.
    If you have strong audit experience and enjoy identifying risks, improving processes, and leading teams, we’d love to hear from you.
    Level: SupervisorOffice Location: Makati CityWork Hours: 8:00 to 5:00 Mon-Fri
    Key ResponsibilitiesAudit Leadership & ExecutionLead and supervise junior and senior auditors to ensure the timely completion of audit engagements.Review audit working papers and draft reports for branch office audits prior to submission to the Head of Audit.Develop high-level audit plans aligned with corporate strategy and current business processes.Conduct opening and exit meetings with audit clients for each audit engagement.
    Risk & Internal Control AssessmentPrepare and evaluate Risk Control Matrices (RCM), identifying risks, mitigating controls, and audit procedures.Test controls through appropriate sampling methods and document audit procedures and conclusions.Identify red flags and potential fraud indicators and apply appropriate detection techniques.
    Reporting & DocumentationDocument existing processes using flowcharts and process mapping.Prepare audit reports, including findings, recommendations, and management action plans.Maintain monitoring and tracking reports for audit recommendations and remediation progress.Ensure electronic working papers and supporting documents comply with backup and retention policies.
    Strategic & Operational SupportAssist the Head of Audit in developing the risk-based annual audit plan.Support the preparation and monitoring of the Internal Audit department budget.Provide consulting services to internal stakeholders when necessary.Conduct special audit projects and investigations as assigned.
    Compliance & OversightReview branch and Head Office Manuals of Procedures and operational processes.Witness cash counts of OFW daily collections at the Head Office.Check pending audit cases of resigned or separated employees prior to clearance issuance.Act as witness in court hearings when required.Be willing to travel to provincial offices for branch audits.

    QualificationsEducationBachelor’s Degree in Accountancy, Internal Auditing, or related fieldCPA preferredCertified Internal Auditor (CIA) designation preferredExperienceAt least 3 years of experience supervising internal or external audit engagementsInsurance industry experience is highly preferredTechnical SkillsStrong proficiency in MS Office (Excel, Word, PowerPoint) and Google WorkspaceExperience in Head Office and Branch auditsStrong knowledge of internal auditing standards, audit procedures, and risk assessment techniquesCore CompetenciesExcellent written and verbal communication skillsStrong analytical and investigative abilitiesAbility to identify control gaps and fraud indicatorsKnowledge of company policies, procedures, and operational processesStrong organizational skills and ability to deliver work on timeCollaborative team player with leadership capabilities
    Why Join UsBe part of a professional and values-driven Audit Department.Gain exposure to a wide range of business operations and audit engagements.Contribute directly to strengthening the company’s governance and control environment.

  • A) Position Objective:The position is responsible for Cargo underwriting, including day to day servicing of Accounts. Duties include reviewing assigned cases to provide Underwriting decisions based on company guidelines and ensure meets customer satisfaction level.
    B) Roles and Responsibilities:Assists Group Heads in the development and implementation of business plans and strategies.To assist the Line Underwriters in the annual review and updating of various Open Marine Policies’ rates, terms and insuring conditions (if so required).Receive and examine the completeness of submitted documents (i.e. proposal form, underwriting information) by the client with regard to underwriting of Cargo risks and recommend to Supervisor/line underwriters acceptance and/or rejection of risksEvaluate risk for new business in accordance with standards, to ensure profitable growthPrepares statistical data (profit and loss statistics) and reports, analyzes and recommends/suggests courses of action to Management as necessary to enable them to make sound decisions.Market and build business relationships with clientsControl and maintain registers for reported claims on Cargo businessMonitor and review underwriting standards procedures and checklist.Maintaining all processes and providing technical assistance to the entire work flowContribute to continuous quality improvement processes.Contribute to the achievement of operational objectives for the underwriting function and/or business unit.Attend to calls/inquiries from Sales, Agents and Branches concerning Marine and Hull/Aviation
    C) Minimum Job Requirements: Education: Graduate of any 4 year business course Work-Related Experience:o With at least 2-3 years related work experience as a Marine Underwritero Has completed the Basic Non-Life Insurance Course or Intermediate Course on Marine Insurance at the IIAP with Advanced Course on Marine is an advantage.o Has experience in dealing with customers and clientso Has strong customer service skillso Ability to analyze data and use for decision-making Specific Business Knowledge:o Computer literate and is well-versed in operating MS Applications (Excel, Word, Powerpoint)o Has the ability to work under pressure and can do analyticso Has high attention to detailo Can work with minimal supervisiono Must be willing to undergo trainings and seminars

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