Fronting Manager, ASEAN

Job description

Allianz Trade

With 5,700+ employees in over 50 countries and as the world’s leading provider of credit insurance services, Allianz Trade offers a complete range of services for the management of B-to-B trade receivables.  Allianz Trade, a company of Allianz, is listed on Euronext Paris and is rated AA by Standard & Poor’s. 

At Allianz Trade, we believe that a high level of employee engagement and motivation leads to superior business results and customer satisfaction. That is why we keep investing in talent management and offers various learning and development opportunities to our employees.  We are now inviting highly energized candidates with a strong desire to develop a career at Allianz Trade to apply for this opening.

Position Summary:

We are seeking a skilled and proactive Fronting Manager to oversee and manage inward reinsurance (fronting) topics within the ASEAN region for our Trade Credit Insurance business. The ideal candidate will be responsible for maintaining strong relationships with our 13 fronting partners, ensuring efficient fronting processes, and driving operational improvements. This role requires a strategic thinker with excellent communication skills and the ability to collaborate effectively with various stakeholders.

Key Responsibilities:

• Fronter Relationship Management: Cultivate and maintain strong relationships with 13 fronting partners across the ASEAN region to ensure smooth collaboration and effective communication.
• Fronting Processes Documentation and Review: Review, optimize and document fronting processes to enhance efficiency and accuracy, ensuring compliance with company policies and industry regulations.
• Implementation of Fronter KPIs Monitoring Dashboard: Develop and implement a comprehensive dashboard for monitoring key performance indicators (KPIs) of fronting operations, providing insights for continuous improvement.
• Fronting AR Monitoring and Management: Oversee the monitoring and management of accounts receivable related to fronting activities, ensuring timely collection and resolution of outstanding payments.
• Coordination of Reinsurance Contract Review: Collaborate with Legal teams and fronting counterparties to review and update reinsurance contracts, ensuring alignment with regulatory requirements and business objectives.
• Support Compass Implementation: Assist in the implementation of Compass, focusing on its integration with fronting processes to enhance operational efficiency.
• Support Ongoing Projects and Operational Improvements: Actively contribute to various projects and initiatives aimed at improving operational processes and achieving business goals.
• Involvement and coordination when any Regulatory Change will impact our business line/Processes
• Involvement and coordination in wording change or extension of other business line in the fronted market

Qualifications:

• Bachelor's degree in Business Administration, Finance, or a related field.
• Proven experience in trade credit insurance or a similar industry, with a focus on reinsurance/ fronting operations.
• Strong relationship management skills with the ability to engage and influence stakeholders.
• Excellent organizational and documentation skills, with attention to detail.
• Proficiency in data analysis and dashboard creation for KPI monitoring.
• Familiarity with legal contract review processes and regulatory compliance.
• Ability to work collaboratively in a cross-functional team environment.
• Strong problem-solving skills and a proactive approach to operational improvements.