Non-Life Insurance Accounts Officer
4 days ago
Accounts Officer
The Accounts Officer is responsible for underwriting policies within authority limits, overseeing and managing the accurate and timely issuance and release of policies/endorsements, and contributing to servicing and account management in coordination with accounts.
DUTIES AND RESPONSIBILITIES:
UNDERWRITING
- Performs underwriting within authority limits and ensures avoidance of bad risks in line with the company's underwriting principles and guidelines.
- Sets premium rates, terms, and conditions for engineering products and special accounts within authority limits as favorable to the company as possible by utilizing appropriate negotiation techniques/skills.
POLICY ISSUANCE
- Prepares a complete working file for policies to be issued to serve as a basis for encoding.
SOLICITATION OF NEW BUSINESS
- Ensures expansion of business by maintaining good relationships with agents, brokers, direct clients, and reinsurers.
- Keeps track of requirements of brokers through verbal and/or written inquiries.
SERVICING OF DIRECT ACCOUNTS, BROKERS, AND AGENTS
- Ensures that renewing programs are renewed in a timely manner through adequate monitoring.
- Responds to queries received from clients in a timely manner.
- Negotiates terms and conditions of policies and renewals.
- Prepares, monitors, and follows up on quotation statuses.
COLLECTION
- Assures timely and persistent follow-ups of account receivables.
- Periodically reviews collection performance of intermediaries assigned in order to identify and avoid business with perennially delinquent clients.
REINSURANCE
- Maintains good relationships with facultative reinsurers by making sure that outward facultative reinsurance requirements are met on time.
A Bit About You
- Knowledge and experience in the insurance industry is an advantage.
- At least 1 year experience (for Junior Accounts Officer) or at least 5 years of experience (for Senior Accounts Officer).
- Good people skills.
- Applicants must be willing to work in Makati City.
What We Need
- Any business-related degree.
- Proficient in the use of Microsoft Office.
- Great focus with attention to detail and a highly organized individual.
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