Sales Officer

1 week ago

Makati City, National Capital Region, Philippines Malayan Insurance Co., Inc. (MICO) Full time ₱1,200,000 - ₱2,400,000 per year

About the role

As a Sales Officer, you will be a key member of the Sales Brokers team. You will report to the Team leader and play a vital role in achieving the company's growth, profit, and service objectives.

Key Responsibilities:

Sales & Broker Management

  1. Promote and market the company's insurance services through brokers, intermediaries, and direct client selling.
  2. Devise strategies and checks aimed at increasing production and ensuring efficient servicing of accounts.
  3. Conduct regular visits with clients and brokers to solicit business for the company.
  4. Act as the primary liaison between brokers/intermediaries and the company to ensure a seamless flow of correct information.
  5. Work to increase the placement of insurance and tap into new sources of business.
  6. Assist in the prompt collection of premiums and outstanding accounts.
  7. Monitor broker/intermediary compliance with the company's reporting requirements.
  8. Prepare written reports on production performance, outstanding accounts, and strategies to remedy any unfavorable variances.

Underwriting & Policy Management

  1. Ensure sound underwriting practices and the accurate, timely preparation and issuance of policy documents.
  2. Evaluate, review, and accept insurance risks within specified limits of authority.
  3. Prescribe premium rates and terms of coverage for risks within your authority.
  4. Handle requests for policy issuance and endorsements, ensuring all documentation is complete and authentic.
  5. Prepare proposals and communications for clients and brokers.
  6. Manage policy renewals, ensuring they are prepared at least two months before their expiry dates.
  7. Conduct risk surveys as requested and prepare narrative reports with recommendations for safety and loss control.

Coordination & Administration

  1. Coordinate with the Claims Department to process claims filed by your unit's brokers and clients.
  2. Ensure that all requests for risk inspections are handled promptly and that re-inspections occur periodically.
  3. Maintain adequate, up-to-date, and accurate records, statistics, and other relevant documents.
  4. Keep your superior informed of your activities and decisions.
  5. Perform other duties as assigned by superiors.

What we offer

At Malayan Insurance Co., Inc. (MICO)', we are committed to providing our employees with a supportive and rewarding work environment. In addition to a competitive salary, we offer a range of benefits, including:

  • Comprehensive health insurance coverage
  • Better fringe benefits
  • Opportunities for professional development and career advancement
  • Collaborative and inclusive company culture
  • Employee wellness initiatives and social activities

If you are an ambitious and customer-focused insurance professional looking to join a dynamic and growing company, we encourage you to apply for this exciting opportunity. Apply now to take the next step in your career.

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