Pricing Support Staff

5 days ago


Manila, National Capital Region, Philippines Insular Life Assurance Co., Ltd. Full time

JOB PURPOSE:

The Pricing Support Staff will evaluate, underwrite and rate cases for group insurance business; review existing group accounts; and provide technical assistance to Corporate Accounts Department (CAD) and other internal customers relative to the Company's group business.

PRINCIPAL ACCOUNTABILITIES:

  1. Evaluates, underwrites and rates cases for group insurance business.
  2. Appraises and determines conditions for acceptance of prospective group insurance clients in accordance with set guidelines and within his underwriting authority.
  3. Determines the applicable premium rates.
  4. Reviews existing group accounts.
  5. Evaluates the profitability of the account.
  6. Computes for the experience refund, if there is any.
  7. Determines the renewal rates.
  8. Proposes plan improvements if necessary.
  9. Designs and performs valuations of retirement plans.
  10. Performs actuarial valuations of retirement plans.
  11. Periodically evaluates the programs for possible improvement.
  12. Attends to inquiries of retirement program clients.
  13. Provides technical assistance to CAD and other internal customers relative to the Company's group business.
  14. Assists account executives in the design of benefits.
  15. Attends to inquiries of account executives and administrative assistants regarding rates, underwriting requirements, and the like. THE IDEAL CANDIDATE FOR THE ROLE:
  16. Must be a college graduate; preferably majoring in Mathematics,
    Statistics or other Business or Mathematics related courses.
  17. With good analytical skills.
  18. Must be proficient in using MS Office Applications.
  19. With good written/verbal communication skills.
  20. With excellent customer service orientation and skills.
  21. Must be willing to work in Makati.

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