Paramount Life and General Insurance Corporation

Job Description: Underwriting Associate
Location: Metro Manila, Philippines (Hybrid / On-site)
Monthly Salary: ₱22,000 - ₱30,000 (depending on experience) + performance bonuses
Employment Type: Full-Time
Job Summary
We are seeking a detail-oriented and analytical Underwriting Associate to support our underwriting team in evaluating risks, reviewing insurance applications, and processing policies. In this role, you will analyze financial documents, verify risk data, and ensure all applications comply with company guidelines and regulatory standards, helping us maintain a profitable and balanced portfolio.
Key Responsibilities
<ul>
<li>Application Review: Examine new insurance applications, renewal requests, and policy endorsements for completeness and accuracy.</li>
<li>Risk Assessment: Evaluate risk profiles using company underwriting guidelines, scoring models, and historical data to determine coverage eligibility and pricing.</li>
<li>Documentation &amp; Processing: Process approved policies, issue documentation, and maintain precise, up-to-date client records in the database.</li>
<li>Communication: Coordinate with insurance brokers, agents, and clients to gather missing information, clarify policy details, or explain underwriting decisions.</li>
<li>Compliance Checks: Ensure all transactions and risk assessments strictly adhere to industry regulations and internal compliance policies.</li>
<li>Reporting: Prepare routine reports on portfolio performance, pending applications, and processing metrics for management review.</li>
</ul>
Qualifications &amp; Requirements
<ul>
<li>Education: Bachelor’s Degree in Finance, Business Administration, Accounting, Economics, Insurance, or a related field.</li>
<li>Experience: 1 to 3 years of working experience in insurance underwriting, credit analysis, financial evaluation, or a related corporate administrative role (fresh graduates with strong academic backgrounds in finance/math are encouraged to apply).</li>
<li>Analytical Skills: Strong attention to detail with excellent numerical, analytical, and critical-thinking abilities.</li>
<li>Tech Savvy: Proficiency in MS Office Suite (especially MS Excel) and comfort in learning complex insurance management systems.</li>
<li>Communication Skills: Excellent written and verbal communication skills in English and Filipino, with a professional customer-service mindset.</li>
</ul>
What We Offer
<ul>
<li>Competitive monthly base salary (₱22,000 -₱30,000)</li>
<li>Government-mandated benefits (SSS, PhilHealth, Pag-IBIG)</li>
<li>HMO coverage upon regularization</li>
<li>Performance-based incentives and annual merit increases</li>
<li>Opportunities for professional certification and career growth within the insurance industry</li>
</ul>
Call to Action: Ready to Apply?
Kickstart your career in the financial and insurance sector today!
Pay: Php22,000.00 - Php30,000.00 per month
Benefits:
<ul>
<li>Company Christmas gift</li>
<li>Health insurance</li>
<li>Life insurance</li>
<li>On-site parking</li>
<li>Opportunities for promotion</li>
<li>Paid training</li>
</ul>
Work Location: In person

Underwriting Associate

Underwriting Associate

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