Underwriting Service Specialist - Mid

McNeil & Co.; Metro Manila; On-site; PHP 240,000 - 420,000; Full time

Job summary

Arch Global Services (Philippines) Inc. is seeking an Underwriting Service Specialist to help intake, organize, and analyze submission data to create optimal rates for the Retail Energy unit.

You will review submissions, categorize data, and collaborate with underwriters and the Actuarial Department to refine pricing strategies. A strong math background, Excel proficiency, and collaborative mindset are essential for success.

Qualifications

• Strong math and analytical skills.
• Excellent problem-solving ability.
• Excellent proficiency with MS Excel
• Organized & methodical approach to tasks.
• Ability and willingness to learn.
• Collaborative teammate with positive attitude.

Responsibilities

• Review insurance submission documents and data for eligibility and completeness.
• Organize submission data into categories based on class, exposure, losses, pricing, etc.
• Work with Retail Energy underwriters to learn key information we need to collect.
• Use the information collected from submissions and work with the Actuarial Department to refine target pricing strategy.

Skills

Math & analytics

Excel proficiency

Organized & methodical

Willingness to learn

Collaborative teammate

Education

BS in Business/Finance/Accounting/Engineering/Mathematics

Tools

MS Excel

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Work closely with the Retail Energy underwriting and actuary teams to intake, organize and analyze submission data to create the most optimal rates for the business unit. We provide a broad array of specialized products and services to the energy industry. These policies generally cover general liability, automobile, workers compensation and lead umbrella. The Underwriting Service Specialist will help underwriters and actuaries analyze insurance submissions. They will review the applicants' data (the "submission"); clean, organize and capture data such as class, historical exposures, loss runs, pricing, etc. to refine our target rates. This candidate will get a better understanding of how we underwrite and price business.

Tasks/Responsibilities

• Review insurance submission documents and data for eligibility and completeness.
• Organize submission data into categories based on class, exposure, losses, pricing, etc.
• Work with Retail Energy underwriters to learn key information we need to collect.
• Use the information collected from submissions and work with the Actuarial Department to refine target pricing strategy.

Requirements

• Strong math and analytical skills
• Excellent problem-solving ability
• Excellent proficiency with MS Excel & ability to apply it
• Organized & methodical approach to tasks
• Ability and willingness to learn
• Collaborative teammate with positive attitude

Education

BS in Business, Finance, Accounting, Engineering, Mathematics, Economics, Information Management, Statistics, Computer Science, or related discipline

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

10400 Arch Global Services (Philippines) Inc. Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis. With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.