- MAKATI CITY, PH, 9999
- Others
- 250000QH
Job Description
MAIN PURPOSE
OF THE JOB:
Support the profitable growth initiatives of Health and Employee Benefits, Group Credit Life and Emerging Customers segments through strategic group underwriting of new business and renewal portfolio.
KEY ACCOUNTABILITIES:
- Provide appropriate risk assessment, risk management, and premium rate setting support that will meet premium income and profit objectives. Work closely with the actuarial and pricing team to identify areas for improvement in pricing assumptions and pricing techniques.
- Determines and/or approves appropriate rating for accurate pricing.
- Generates competitive pricing of proposed plans based on either customized or standard schedule of benefits with consideration on the overall profitability of accounts.
- Monitoring and analysis of emerging individual account and portfolio results
- Initiates rate actions, plan changes and claims control for improved claims ratio to gain more profit.
- Determines renewal business persistency rate and pricing.
- Identify areas for improvement in pricing assumptions and pricing techniques.
- Work closely with actuarial team for support on review and recommendations
EXPERIENCE AND QUALIFICATIONS:
- Graduate of Bachelor’s Degree in Mathematics, Computer Science, Engineering and other courses
- Minimum 7-10 year experience in group underwriting and pricing of Group life and HMO/Group Health insurance
- Minimum of 3 years in supervisory/managerial capacity in product management and pricing
- Experience in dealing with brokers, agents or partners is an advantage
- Ability to identify key pricing issues and make recommendations
- Ability to demonstrate measurable results: results-oriented
- Very good people skills to interact with senior management, colleagues and cross-functional teams
- With financial understanding is an advantage
- With exposure to corporate market is an advantage
- Proficient in MS Office applications (esp in Excel and Powerpoint)
- Excellent Communication Skills (oral/written)
A global leader in insurance and investments, AXA takes care of 103 million lives in 64 countries worldwide. We actively invest in pioneering and personalized solutions to meet your ever-changing needs and exceed your expectations. In the Philippines, we are in partnership with Metrobank, one of the country's strongest banks.
Established in 1999, AXA Philippines is one of the largest and fastest growing life insurance companies in the country. It offers financial security to more than one million individuals through its group and individual life insurance as well as general insurance products through its subsidiary Charter Ping An.
AXA Philippines is one of the first to introduce bancassurance operations in the country, and is among the pioneers in the investment-linked insurance sector.
AXA now offers a complete range of products for all its customers’ insurance and financial protection needs, including savings and investments, health plans, income protection, and health coverage; and through its general insurance subsidiary Charter Ping An Insurance Corporation: fire, motor car, marine cargo, personal accident, bonds, casualty, and engineering insurance products.
AXA Philippines closed 2017 with P26.4 billion in total premium income and P5.7 billion in gross written premiums from Charter Ping An. Today, AXA has more than 4,000 financial advisers in 36 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide. Charter Ping An, on the other hand, has 22 branches nationwide and 2,007 agents.
AXA Philippines is a joint venture between the AXA Group, headquartered in France, and the Metrobank Group, one of the largest financial conglomerates in the Philippines.
The Metrobank Group is a conglomerate of industry-leading businesses that includes First Metro Investment Corporation, Metrobank Credit Cards, Federal Land, Toyota, and Manila Doctors Hospital. It was hailed Best Bank in the Philippines in 2010, 2011, and 2012 by Euromoney and recognized as the strongest bank in the Philippines by The Asian Banker in 2013. It is owned by the Ty Family whose major business interests include financial services, real estate development, power, and manufacturing.
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