MAPFRE INSULAR INSURANCE CORP.



Address:
Mapfre Asian Corporate Center, Acacia Ave., Madrigal Business Park, Ayala Alabang, Muntinlupa City
Tel. No: (632) 876-4444
Fax. No: (632) 876-4344
Contact Persons:
Rozsheila Ma. R. Samonte HRA Supervisor
Myrna P. Agaran HR Associate
Email Address: rmrsamonte@mapfreinsular.com, mpagaran@mapfreinsular.com
Website: www.mapfreasian.com

The Company was founded in 1934, under the corporate banner of Provident Insurance Corporation, by well known Filipino entrepreneurs at that time that included Jose de Leon Joven (majority owner of PASUDECO, then the biggest sugar mill in Luzon); Rafael R. Alunan (who later became Secretary of Agriculture); Placido L. Mapa (the first President of the Bank of the Philippine Islands), Mario V. de los Santos (founder of the University of Manila), the Gonzalez family of Pampanga and the Cojuangcos of Tarlac. The Company, one of the first Filipino-owned insurance companies, began operations with only 10 employees at Regina Building in Escolta, then the financial center in Manila.

Surviving through World War II and the post war depression, the Company continued to grow in the succeeding decades and was subsequently acquired by A. Soriano Corporation in 1979. Since then, the Company expanded its operations eventually ranking among the top ten non-life insurance companies in the country.

In 1995, Corporacion Mapfre, Spain’s biggest insurance group and one of Europe’s leading insurance companies, acquired Provident Insurance Corporation from A. Soriano Corporation with Asian Bank as a partner. In the process, the Company was renamed Mapfre Asian Insurance Corporation and consequently became a member of Sistema Mapfre, an international financial network with interests in insurance, reinsurance and fund management with extensive operations in 39 countries in Europe, the Americas and Asia.

In December 2005, the Company merged with Insular General Insurance Company, the non-life arm of Insular Life Assurance Co., Ltd., the third largest and the pioneer domestic life insurance company in the Philippines. This merger has made the Company, now renamed Mapfre Insular Insurance Corporation, a financially stronger company with assets amounting to 1.8 billion and an equity base of 900 million.

Mapfre Insular is 75% owned by Corporacion Mapfre of Span and 25% by Insular Life Assurance Co. Ltd., of the Philippines.

The controlling shareholder of MIIC, Corporacion Mapfre, is a member of Sistema Mapfre, the largest insurance conglomerate in Spain with revenues of over €10 billion (about US$13 billion) and assets of over €20 billion (about US$26 billion) in 2004. It has over 3,000 branches in Spain and other countries with over 18,000 employees and 45,000 agents worldwide. Sistema Mapfre is engaged in life and general insurance, reinsurance, banking and finance, property development, and other related services in Spain and 36 other countries. Corporacion Mapfre is currently rated AA by Standard and Poors.

 

VACANCIES

SALES ASSISTANT (MAKATI)
Description:
* Responsible in maintaining and sourcing new business to increase existing client base by marketing various products to brokers.
Requirements:
* Applicants must be graduates of any 4-year course preferably B.S. Marketing, not more than 30 years old, knowledge in basic non-life; proficient in computer operation; must be diligent, analytical and have good interpersonal and communication skills.

CLAIMS INVESTIGATOR
Description:
* To conduct investigation of claims and prepare investigation reports (findings and recommendation).
Requirements:
* Applicants must be graduates of any 4-year course, not more than 30 years old, knowledge in basic non-life, excellent communication skills, basic computer operation and negotiation skills; are hardworking, analytical and personable.

CLAIMS SPECIALIST

Description:
* To handle processing of Third Party Bodily Injury claims and Third Party Property Damage / Recovery claims by TP insurance companies.
Requirements:
* Applicants must be graduates of any 4-year course, not more than 30 years old, at least 2 years work experience, knowledge in basic non-life, excellent communication skills, basic computer operation and negotiation skills, hardworking, analytical and personable.

CLAIMS PROCESSOR
Description:
* To process motor car claims referred by branch offices.
Requirements:
* Applicants must be graduates of any 4-year course, not more than 30 years old, with excellent communication skills, hardworking, analytical and personable.

CLIENT SERVICE OFFICER
Description:
* To handle inquiries, follow-ups, or complaints of clients through phone as well as performing telemarketing functions.
Requirements:
* Applicants must be graduate of any 4-year course, female, not more than 30 years old; background in non-life insurance is an advantage; proficient in oral communication and computer operation; must also be service-oriented and personable.

RISK EVALUATOR
Description:
* To evaluate and decide on the settlement of motor car claims
Requirements:
* Applicants must be graduates of any 4-year course, preferably Engineering course, male, not more than 30 years old, willing to handle field assignments, must have a valid driver's license and can drive a motor vehicle; excellent communication skills, hardworking, analytical and personable.

MARINE UNDERWRITING STAFF

Description:
* To evaluate acceptability and determine rates, terms, and conditions of marine risks.
Requirements:
* Candidates must be graduates of BS Math or any Engineering course, diligent, analytical, and willing to be technically trained in the area of marine underwriting.


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