Job Expired

Job Purpose:

To underwrite all transactions assigned, within the set standards required by the company

Key Responsibilities:

Approve risk selection within the boundaries of the specific product line Quote, accept and renew risks within the agreed guidelines of the service level agreement and within delegated mandates;

  • Assist in placing risks that fall outside of the scope of our treaty reinsurance, into other markets locally and outside the country.
  • Analyze qualitative and quantitative data prepared by brokers to provide approval for risk selection and acceptance, coverage and price.
  • Recommend creative alternatives with regards to rating plans, coverage and payment plans
  • Recommend or implement changes to improve productivity, profitability, growth and the quality of the assigned book of business.
  • Ensure that policy transactions (quotes, new business, endorsements, renewals, post-loss, cancellations) tie issued and changes are recorded acci*ately and in a timely manner by rating and/or capturing transactions to the core business system
  • Meet goals for volume and value of quality new business quoted and written within company guidelines.
  • Market intelligence: Have a sound knowledge of underwriting principles in the industry.
  • Innovation Participate with management in initiatives around product development, processes, policy anti strategy

Required Qualifications: The right candidate should have a University Degree in Insurance and Risk Management and/or any business-related degree. A COP in Slrort Term is a pre-requisite. The incumbent should have 5 yetis’ experience in a similar role. An Associateship in Insurance or any other insurance-related qualification accredited by IISA or CII is an added advantage.

Specialist underwriting experience on specific lines of products offered with at least 3-5 years’ experience including:

FOR P70 we can design and write a perfect CV for you. Cover letter for P30
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  • Product knowledge
  • Industry segmentation knowledge and applicable risk exposures
  • Enquiring mind – seek out additional information in order to best understand a risk before underwriting such risk
  • Underwriting procedure
  • Insurance terminology
  • Rating principles
  • Risk Management
  • Market knowledge (including competitors)
  • Claims procedure
  • Credit Control
  • Reinsurance market, reinsurance and treaties



More Information

  • This job has expired!

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