Insurance Pricing & Compliance Analyst

EXL Service Philippines, Inc.; Pasay; On-site; PHP 360,000 - 540,000; Full time

Job summary

EXL Service Philippines, Inc. is seeking an Insurance Pricing Analyst to handle rating requests, data review, and proposal generation in collaboration with Sales and Inventory teams.

The role focuses on accurate pricing using rating engines, census data, and plan designs, ensuring compliance with underwriting guidelines. Responsibilities include preparing quotes for RFPs, applying pricing adjustments, and maintaining documentation of ratings and calculations.

Qualifications

• 2+ years in customer service or operations, preferably within insurance/financial services.
• Experience in data entry and email back-office roles.

Responsibilities

• Receive complete and IGO quote requests and evaluate.
• Review submission details, census data, plan designs, and coverage requirements to determine rating methodology.
• Perform census analysis using Excel, including data validation and data anomalies impact.
• Execute quotes utilizing rating engines and underwriting guidelines.
• Apply rating mathematics including benefit calculations, age-band analysis, and rounding conventions.
• Develop manual rates for RFPs and complex scenarios when system rating is not applicable.
• Create professional, accurate proposal documents based on rates.
• Deliver quotes to Sales teams to support competitive positioning.
• Partner with Sales to clarify assumptions and pricing impacts.
• Support revisions and requotes within defined turnaround times.
• Maintain documentation of rating decisions and calculations.

Skills

Excel

Data analysis

Pricing

Rating engines

Underwriting guidelines

Customer service

Tools

Rating engines

Underwriting systems

Job description

EXL Service Philippines, Inc. is seeking an Insurance Pricing Analyst to handle rating requests, data review, and proposal generation in collaboration with Sales and Inventory teams.

The role focuses on accurate pricing using rating engines, census data, and plan designs, ensuring compliance with underwriting guidelines. Responsibilities include preparing quotes for RFPs, applying pricing adjustments, and maintaining documentation of ratings and calculations.