Fronting Manager, ASEAN

Job Level:  Professional
Location: 

KUALA LUMPUR, Federal Territory of Kuala Lumpur, MY

Area of Expertise:  Operations
Unit:  Allianz Trade
Employing Entity:  Euler Hermes Singapore Services Pte Ltd.
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  78880
Position Cluster:  n.a.

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:

This role will be based in Kuala Lumpur, Malaysia.

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.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Great to have you on board. Let's care for tomorrow.

Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.