Underwriting Officer Job, Latest Insurance Jobs Kenya,
Purpose:
The role will be responsible for analyzing and assessing the risk
presented to the organization through the proposal submitted
and based on the underwriting guidelines provided by the
Group.
Primary responsibilities:
• Evaluating risks proposed and prescribe rates and terms to commensurate with the level of risk before acceptance;
• Preparing and processing debits/credits endorsements for both renewals and new business;
• Reviewing renewal notices based on claims experience;
• Issuing and signing policy documents;
• Providing quotations to intermediaries and clients;
• Processing premium refunds to customers;
• Processing Insurance premium finance cancellation notices and refunds to banks;
• Risk champion for the finance department and intermediate between finance and risk and compliance department.
• Responding and attending to customer inquiries;
• Preparing monthly reports i.e loss ratios, renewal notices, lapse reports.
• Reconciling of underwriting issues;
• Issuing certificates, yellow cards, and cover notes for intermediaries allocated;
• Cancellation of policies due to non–payment of premiums.
Academic Qualification
• Bachelor’s degree in Business / Insurance or it’s equivalent from a recognized institution.
Experience
• Minimum of two (2) years’ relevant experience.
Skills and Attributes
• Excellent communication and interpersonal skills;
• Excellent planning and organizational skills;
• Ability to work under pressure;
• Excellent problem solving and decision-making skills
• Knowledgeable of industry rules and regulations; and
• Results driven and customer-focused.
How to Apply
Strong preference will be given to candidates with the requisite qualifications, skills, and experience. If your career aspirations match this exciting opportunity, please submit your detailed curriculum through the email address:
[email protected]
by close of business on
18 May 2022.
The job title should be clearly indicated as the email reference.
Only shortlisted candidates will be contacted