Insurance Jobs In Kenya.

Assistant Medical Underwriter

Date Posted: 02 Mar 2023 | Expires on: 08 Mar 2023

PACIS Insurance Company Limited was incorporated in Kenya in October 2004 and licensed to do business in August 2005. The Catholic Church mooted the idea of the formation of the company in 1997 as one of the mechanisms of ensuring sustainability in funding of Catholic Church projects. This is through the various Archdioceses, Dioceses, the Catholic Missionary Priests, and the Association of the Catholic Nuns together with affiliated institutions of the Church who are the main sponsor of the Company.

Pacis Insurance offers financial solutions for both general and medical insurance specific to the unique customer needs for corporates, retail, and other organized groups in remaining true to its vision of offering comfort and peace to society. In response to these ever-changing customer needs, Pacis Insurance is on a growth strategy to optimize the existing market opportunities for to increase customer and shareholder value. Pacis therefore seeks to recruit an  Assistant Medical Underwriter.

Job purpose

The jobholder is responsible for the assessment and determining terms for medical risks.

Principla accountabilities

Underwriting Role

• Assess the new and existing risks and ensure that they are adequately rated and commensurate with the terms and conditions advised and endorsed to retain profitability of the medical portfolio.
• Provide competitive quotations to all customers promptly within the standards set.
• Membership management; additions and cancellations.
• Scheme set up, benefits set up and membership updates in the system
• Timely and accurate debiting of premium and cover conditions and that the documentation is in compliance with set standards and procedures.
• Ensure that medical insurance cards are issued in an efficient timely and accurate manner
• Prepare and send renewal notice within stipulated timeline and co-ordinate follow up of the renewals to achieve renewal capture targets.
• Ensure policy endorsements & documents are accurate and made within the standards of service, and ensure timely dispatch
• Train various stakeholders on company products for increased knowledge and growth of business
• Monitor scheme loss ratios and adjust renewal terms accordingly
• Assist with business acquisition through follow up on quotes and intermediary visits.
• Ensure business is booked as per the company’s credit policy and follow up on payment plans.

Customer Service Role

• Continuously monitor the outpatient fund and check on prudent utilization of cover reporting any anomaly noted and ensure timely invoicing for top up.
• Provide benefit utilization reports as per the standards of service set out in the customer charter
• Provide timely feedback to client’s queries and concern as per service charter provisions.
• Maintain client and intermediary relationships through visits

Knowledge and experience

Minimum Academic Qualifications

• A Bachelor’s degree in Actuarial science/Statistics from a recognized University.

Professional Qualifications

• Diploma in Insurance

Experience:

• Entry Level to 6 months of experience.

Skills and competencies

• Stakeholder Management
• Analytical skills
• Teamwork
• Interpersonal and communication skills
• Accuracy/Keen to detail
• Commitment & dedication
• Decision making
• Customer oriented
• Planning and organization skills

How To Apply

Applications with a detailed CV, indicating your telephone contacts with names and addresses of three referees should be emailed to [email protected]  not later than  Thursday 9th March 2023.

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