Underwriting Assistant
1 day ago
Alliedbankers Insurance Corporation (ABIC) is a well-established Philippine non-life insurer founded in 1960 and rooted in the Lucio Tan Group of Companies.
With strong financial backing and a wide portfolio of insurance products (motor, fire, marine, casualty, etc.), ABIC aims to deliver reliable protection and excellent service to its clients.
We are hiring an Underwriting Assistant with reinsurance experience to support our underwriting team in evaluating risks, preparing documents, and coordinating reinsurance transactions.
Job Description:
Responsibilities:
- Assist in reviewing and evaluating insurance applications in line with company underwriting guidelines.
- Support the preparation of quotations, policy documents, and reinsurance slips.
- Coordinate with reinsurers and brokers for treaty and facultative reinsurance placements.
- Help analyze risks, pricing, and coverage terms to ensure sound underwriting decisions.
- Maintain accurate records of underwriting and reinsurance transactions.
- Provide administrative and technical support to the underwriting team.
- Monitor policy renewals and ensure timely processing of endorsements and documentation.
- Perform other related tasks as may be assigned by the Underwriting or Reinsurance Department Head.
Qualifications:
- Bachelor's degree in Business Administration, Finance, or any related field.
- 1–2 years of experience in underwriting or reinsurance (insurance industry background preferred).
- Strong analytical, organizational, and problem-solving skills.
- Good communication and coordination abilities.
- Proficient in MS Office (Word, Excel, PowerPoint).
- High attention to detail and accuracy.
- Willing to learn and grow within the underwriting and reinsurance field.
Job Type: Full-time
Benefits:
- Additional leave
- Company events
- Health insurance
- Life insurance
- Opportunities for promotion
- Pay raise
- Promotion to permanent employee
Work Location: In person
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