Underwriter

We seek to engage the services of  young and dynamic Underwriters to join our General Insurance Technical team

Job Role

UNDERWRITER

Job purpose

Ensure quality underwriting and claims management for all classes of general insurance — Marine, Goods in Transit, Group Personal Accident, Fidelity Guarantee, Fire & Special Risks, Burglary, Money Insurance, Industrial All Risks, Motor, etc

Duties & Responsibilities

  • Issue policy documents and renewal endorsements to clients / brokers
  • Issue and forward renewal notices to clients/brokers
  • Liaise with Loss adjusters and Marine superintendents for timely discharge of their duties
  • Update claims schedule regularly
  • Ensure sum insured, clauses, exclusions and other items/conditions in policy documents are in order
  • Prepare and follow up premium payments upon receipt of debit notes.
  • Carry out pre and post loss inspection as necessary
  • Ensure all client enquiries/requests are attended to promptly and escalate critical issues to the line manager.
  • Raise and follow up cheque requisitions for various payments – co insurers, commissions, claims, loss adjusters etc
  • Assist in computing additional/return premiums due as a result of alterations
  • Market company`s products and services

Required Competencies

Knowledge/ Qualification

  • First degree (Minimum of Second Class Lower degree)
  • Qualified insurer (ACII)
  • 3 – 5 years’ experience in underwriting and claims management

Skills/Competencies

  • Excellent knowledge NAICOM guidelines and methodologies for achieving compliance
  • Demonstrable understanding of underwriting and claims concepts, practices, and procedures
  • Strong analytical and quantitative skills
  • Excellent negotiation and interpersonal skills

Proficiency in the use of Microsoft Office