Insurance Underwriter

Inland Corporation; Manila; On-site; PHP 300,000 - 540,000; Full time

Job summary

Inland Corporation in Manila, Philippines, seeks an Insurance Underwriter with 1–3 years of experience to assess risks, determine policy terms, and manage underwriting processes. You will evaluate applications, coordinate with brokers, and ensure compliance with regulations to maintain profitability and service quality.

The role requires strong analytical skills, attention to detail, and the ability to handle multiple priorities in a fast-paced environment.

Qualifications

• Bachelor's Degree in Business Administration, Finance, Risk Management, Insurance, Economics, Accounting, or a related field.
• Minimum of 1–3 years of experience in insurance underwriting or a related insurance function.
• Knowledge of insurance principles, underwriting practices, risk assessment, and policy administration.
• Familiarity with insurance regulations and industry standards.
• Strong analytical and critical thinking skills.
• Excellent communication, negotiation, and interpersonal skills.
• Proficient in Microsoft Office applications and insurance underwriting systems.
• High attention to detail and accuracy.
• Ability to make sound decisions while managing multiple priorities in a fast-paced environment.

Responsibilities

• Evaluate insurance applications by analyzing risk factors, financial information, claims history, and supporting documentation.
• Assess and determine the acceptability of insurance risks based on underwriting guidelines and company policies.
• Approve, modify, or decline insurance applications within assigned underwriting authority.
• Determine appropriate coverage, policy terms, limits, exclusions, deductibles, and premium rates.
• Review policy renewals, endorsements, cancellations, and reinstatements.
• Conduct risk assessments and recommend measures to minimize potential losses.
• Coordinate with brokers, agents, clients, and internal departments to obtain additional information and clarify underwriting requirements.
• Monitor underwriting portfolio performance and identify trends affecting profitability and risk exposure.
• Ensure compliance with regulatory requirements, company policies, and industry standards.
• Maintain accurate underwriting records and documentation in the company's systems.
• Support product development by providing market insights and underwriting recommendations.
• Collaborate with Claims, Sales, Risk Management, and Compliance teams to ensure effective policy administration.
• Participate in continuous process improvements to enhance underwriting efficiency and service quality.

Skills

Underwriting knowledge

Risk assessment

Financial analysis

Communication

Interpersonal skills

MS Office

Education

Bachelor's degree in Business/Finance/Insurance

Tools

Underwriting systems

MS Excel

Job description

Key Responsibilities

• Evaluate insurance applications by analyzing risk factors, financial information, claims history, and supporting documentation.




• Assess and determine the acceptability of insurance risks based on underwriting guidelines and company policies.




• Approve, modify, or decline insurance applications within assigned underwriting authority.




• Determine appropriate coverage, policy terms, limits, exclusions, deductibles, and premium rates.




• Review policy renewals, endorsements, cancellations, and reinstatements.




• Conduct risk assessments and recommend measures to minimize potential losses.




• Coordinate with brokers, agents, clients, and internal departments to obtain additional information and clarify underwriting requirements.




• Monitor underwriting portfolio performance and identify trends affecting profitability and risk exposure.




• Ensure compliance with regulatory requirements, company policies, and industry standards.




• Maintain accurate underwriting records and documentation in the company's systems.




• Support product development by providing market insights and underwriting recommendations.




• Collaborate with Claims, Sales, Risk Management, and Compliance teams to ensure effective policy administration.




• Participate in continuous process improvements to enhance underwriting efficiency and service quality.

Qualifications

• Bachelor's Degree in Business Administration, Finance, Risk Management, Insurance, Economics, Accounting, or a related field.




• Minimum of 1–3 years of experience in insurance underwriting or a related insurance function.




• Knowledge of insurance principles, underwriting practices, risk assessment, and policy administration.




• Familiarity with insurance regulations and industry standards.




• Strong analytical and critical thinking skills.




• Excellent communication, negotiation, and interpersonal skills.




• Proficient in Microsoft Office applications and insurance underwriting systems.




• High attention to detail and accuracy.




• Ability to make sound decisions while managing multiple priorities in a fast‑paced environment.