EDWARD N. SUY
Vice President - Technical Operations
Cainta
Summary
Experienced professional with a proven track record in operations and sales. Seeking to leverage expertise and knowledge. 7 years of experience in preparing internal audit documentation and reports. Strong understanding of GAAP and operations auditing principles. Excels in identifying areas for improvement and implementing effective solutions to drive business success.
Overview
27
27
years of professional experience
12
12
years of post-secondary education
1
1
Certification
Work History
Internal Auditor
Grandspan Development Corporation
- Conduct physical inventory of company assets and reconcile with records.
- Conduct audit on 13th month pay of monthly and daily employees
- Check Employer and Employee Contributions and Remittances to SSS
- Check daily and monthly payroll of company employees.
- Monitor construction project and costs
- Conduct audit on petty cash fund and revolving fund
- Monitor cash flow of the company
- Check and Review accounts receivables as well as payables
- Assist Accounting Department in preparation of financial statements
Vice-President - Technical Operations
MAA General Assurance Phils
01.2018 - Current
- Supports the President and Senior Vice President in the over-all management of the company's operations covering the following departments: Underwriting departments, Reinsurance department and Claims Department
- Provides Technical Advice to the heads/staff of the said covered departments
- Performs necessary negotiations with clients and reinsurance supports.
Assistant Vice-President - Technical Operations
MAA General Assurance Phils
01.2013 - 01.2018
- Assists the Executive Vice President in the over-all management of the company's operations covering the following departments: Underwriting departments, Reinsurance department and Claims Department
- Provides Technical Advice to the heads/staff of the said covered departments
- Co-authors and edits manuals for the Underwriting including but is not limited to Marine and Aviation Underwriting Guidelines, Underwriting Internal Control Procedures, Reinsurance Internal Control Procedures, and Claims Internal Control Procedures
- Performs necessary negotiations with clients and reinsurance supports.
- Established a high-performance culture within the team by setting clear expectations and providing regular feedback on individual performance contributions.
Manager - Marine and Aviation Underwriting / Claims Department
MAA General Assurance Phils
01.2011 - 01.2013
- Handles the over-all operation of Marine and Aviation Underwriting Department including its claim requirements.
Management Trainee
MAA General Assurance Phils., Inc.
01.2007 - 01.2011
- Acts as Compliance Officer of the company and deals with various supervising, accrediting and governing body including but is not limited to the Insurance Commission, Anti-Money Laundering Council, Certification International-ISO Provider, and PIRA
- Provides Personal Assistance to the President/CEO
- Act as a Risk Inspector/Surveyor for Fire Insurance Department / Marine and Aviation Department as well as staff for policy encoding and issuance
- Provides assistance in Underwriting of Marine Cargo, Hull and Aviation Lines
- Negotiates with Reinsurers from Singapore and London for Marine and Aviation Lines
- Claims Evaluator on Marine and Non-Motor Claims
- Prepares Preliminary and Final Loss Advice and Cash Calls to Reinsurers for Marine and Non-Motor Claims
- Assist Accounting Department on Cash Calls
- Conduct Internal Quality Audit in compliance with ISO 9000:2001
- Trouble Shooter
Internal Auditor
Basic Holdings Corporation, Fortune Tobacco Corporation, Fortune Tobacco Corporation / Tanduay Distillers, Incorporated / Nugget Food Corporation / Lotte Philippines, Inc. / Asian Alcohol Corporation / Total Bulk Corporation/Asia Brewery Corp.
01.1999 - 01.2007
- Monitor construction projects and costs
- Verify branch office records
- Verify accounts receivables of the company
- Route ride with salesmen
Education
Diploma in Insurance - DIP CII
Chartered Insurance Institute
01.2016 - 01.2019
Post-Graduate Masters in Business Administration - undefined
Ateneo Graduate School of Business
01.2001 - 01.2002
College Bachelor of Arts - Major in Management Economics
Ateneo de Manila University
01.1995 - 01.1999
High School - undefined
Grace Christian High School
01.1991 - 01.1995
Skills
Advanced English communication
Proficient in Filipino
Skilled in conversational Fookien Chinese
Adept at using Microsoft Office tools
Policy implementation
Targeted audit approach development
Management of internal controls
Certification
I hereby certify that the above provided information is correct and accurate to the best of my knowledge.
Affiliations
- Chartered Insurance Institute, 01/01/16, Present
- Marine Tuesday Club, 01/01/11, Present
- PIRA - Technical Subcommittee Marine, 01/01/12, 12/31/18
- Member, Slimmers World International
- Dynamic Youth Association, Unit Head, 01/01/98, 12/31/99
- Ateneo Junior Marketing Association, Member, 01/01/97, 12/31/99
- Ateneo Bowling Team, Athlete, 01/01/97, 12/31/98
- Ateneo Celadon, AFICS, Member, 01/01/96, 12/31/97
- Ateneo Management Economics Association, Member, 01/01/95, 12/31/96
Trainings And Seminars
- Microsoft Excel-From Beginner to Advanced, Udemy, 2023
- M97 Reinsurance, 2018/2019, Chartered Insurance Institute
- M80 Underwriting Practice, 2018/2019, Chartered Insurance Institute
- M92 Insurance, Business and Finance, 2017/2018, Chartered Insurance Institute
- M05 Insurance Law, 2016/2017, Chartered Insurance Institute
- RBC for Executives, 2017, Insurance Institute for Asia Pacific
- IF1 Insurance, Legal and Regulatory, 2016, Chartered Insurance Institute
- Condominium Insurance, 2014, Insurance Institute for Asia Pacific
- Basic Non-Life Insurance Course, 2014, Insurance Institute for Asia Pacific, 1st Place
- Managerial Statistics, 2014, Insurance Institute for Asia Pacific
- Reinsurance, 2013, MAPFRE RE
- International Marine Cargo & Recoveries Seminar, 2013, W.E. Cox / RPC Law Firm
- Learning to Lead Insurance Companies, 2012, Singapore College of Insurance
- Basic English Grammar and Speech, 2012, MAA General Assurance Phils
- Pricing Model as Integral Part of Underwriting Guidelines, 2011, SOUND
- Dynamic Analysis of Risk & Reinsurance Techniques, 2011, Munich Re Singapore
- Mathematics of Underwriting, 2011, SOUND
- 3rd ASEAN School for Young Insurance Managers Programme, 2010, AIM/SCI
- Customer Service Training One, 2010, MAA General Assurance Phils.
- Insurance Claims, 2010, Insurance Institute for Asia Pacific, 1st Place
- Intermediate Course on Marine and Aviation Loss Adjustment, 2009, IIAP, 1st Place
- Management Skills Enhancement Certificate Program, 2009, IARFC
- Advanced Course on Marine Insurance, 2009, Insurance Institute for Asia Pacific, 1st Place
- INCO TERMS 2000, 2009, Center for Global Best Practices
- Introduction to Marine Insurance, 2009, Insurance Institute for Asia Pacific
- Marine Hull Risks and Insurance Underwriting, 2008, Singapore College of Insurance
- Certified Designation Course for Fire Underwriters, 2008, Insurance Institute for Asia Pacific, 2nd Place
- Advance Motor Car Insurance, 2008, MAA General Assurance Phil.
- Anti-Money Laundering Seminar, 2008, Bangko Sentral ng Pilipinas
- Introduction to Fire Insurance, 2008, Insurance Institute for Asia Pacific
- Principles of Casualty, 2008, Insurance Institute for Asia Pacific, 1st Place
- Basic Non-Life Insurance Course, 2007, MAA General Assurance Phil., 1st Place
- Visual Basic Programming, 2000, Genetic Computer School
- Java Programming, 2000, Genetic Computer School
- Delegate to Taiwan, 1998, Dynamic Youth Association
Timeline
Vice-President - Technical Operations
MAA General Assurance Phils
01.2018 - Current
Diploma in Insurance - DIP CII
Chartered Insurance Institute
01.2016 - 01.2019
Assistant Vice-President - Technical Operations
MAA General Assurance Phils
01.2013 - 01.2018
Manager - Marine and Aviation Underwriting / Claims Department
MAA General Assurance Phils
01.2011 - 01.2013
Management Trainee
MAA General Assurance Phils., Inc.
01.2007 - 01.2011
Post-Graduate Masters in Business Administration - undefined
Ateneo Graduate School of Business
01.2001 - 01.2002
Internal Auditor
Basic Holdings Corporation, Fortune Tobacco Corporation, Fortune Tobacco Corporation / Tanduay Distillers, Incorporated / Nugget Food Corporation / Lotte Philippines, Inc. / Asian Alcohol Corporation / Total Bulk Corporation/Asia Brewery Corp.
01.1999 - 01.2007
College Bachelor of Arts - Major in Management Economics
Ateneo de Manila University
01.1995 - 01.1999
High School - undefined
Grace Christian High School
01.1991 - 01.1995
Internal Auditor
Grandspan Development Corporation