Finance and Planning
Handling, monitoring and planning financial flows is essential for a successful business.
The accounting department is one of our teams that takes care of this on a daily basis, compiling financial data, preparing reports, making various calculations, as well as dealing with insurance intermediaries, paying staff salaries and invoicing suppliers.
Meanwhile, actuaries with high-level mathematical skills help set policy prices, calculate the funds a company needs to keep in reserve and analyse business scenarios. However, the overall financial position of the company, or the planning of written premiums and expenses and the analysis of actual results, is the responsibility of the planning, control and economic analysis team.
The role of the reinsurance specialist is also crucial. Reinsurance is, simply put, insurance for insurers – it reduces a company’s risk of loss. A reinsurance specialist performs reinsurance functions – the transfer of underwritten risks to international financial companies where the sums insured are very large, or the risk insured is very specific.