Insurance Underwriter

3 weeks ago


Makati, Philippines Social Housing Finance Corporation Full time

POSITION: Insurance Underwriter IIDEPARTMENT: Program Development and Enhancement Group CLASSIFICATION: Plantilla PositionSALARY: SG 18 (P48,830)QUALIFICATIONSEDUCATION: Bachelor's Degree in Business Administration preferably major in Accounting or Accounting-related;EXPERIENCE: At least 2 years of relevant work experienceTRAINING: At least 8 hours of relevant training SCOPE OF WORK:1. Supervises the preparation and review of monthly premium remittance reports, disbursement vouchers with supporting documents/computations,and schedules for prepayment and renewal of MRI/Fire premiums to protect our mortgages against death of beneficiaries and/or damages brought by fireand/or lightning;2. Ensures that all accounts for exclusion from MRI/Fire renewal coverage are properly deducted from premium remittance reports;3. Checks computation of over/under payment of premium due to full payment of loan, expiry of term, death, restructuring, and adjusted loan values forrefund or collection from the borrower upon mortgage withdrawal;4. Oversees the immediate settlement of claims;5. Ensures and monitors preparation of periodical status reports on premium remittances, claims/settlements, and the team's accomplishments;6. Recommends systems upgrade/changes significant to the improvement of the Department's output;7. Addresses and suggests possible solutions to issues and concerns encountered daily;8. Reviews existing policies and recommends revisions/updates to adapt to new SHFC programs/projects;9. Attends meetings relative to insurance matters; and10. Performs other related tasks that may be assigned by the Immediate Superior.


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