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Department

Finance

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Handling, monitoring, and planning financial flows is essential for a successful business. The finance team ensures the company’s financial health by managing cash flow, preparing reports, and making accurate calculations. This includes working closely with insurance intermediaries, processing payments, and overseeing invoicing for suppliers. The finance department plays a critical role in maintaining the company's financial stability.

A key component within finance is reinsurance—essentially insurance for insurers. Reinsurance specialists mitigate risk by transferring underwritten risks to international financial institutions. This is particularly important when dealing with high-value insurance or specialized coverage, as it reduces the potential for significant loss and enhances the company's overall resilience.

Additionally, the planning and controlling team is responsible for shaping the company’s overall financial strategy. They focus on projecting written premiums, forecasting expenses, and analyzing actual results against budgeted figures. Their insights guide decision-making and ensure the company stays on track to achieve its financial objectives, adjusting plans as needed to maintain profitability.

About ERGO

Together, more than 1,200 insurance enthusiasts in our Baltic team are working to make our customers’ futures more secure. Our success is built by our people. This is why we want to provide them with a working environment that encourages development and diversity, allowing everyone to flourish. Our goal is to develop ERGO into a workplace, where we grow together as a team!

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