Job Description

Quotations and Risk Acceptances

• Ensure quotations allocated are done and approved by the Underwriting Manager and dispatched within the agreed turnaround time
• Accept new motor and domestic package proposals that meet acceptable underwriting standards subject to approval by the Senior Underwriter within the delegated authority

Underwriting Process and Procedures

• Analyze and assess proposal forms and risk notes and confirm correctness within the acceptable underwriting standards
• Register and input all allocated new business in the system within the agreed turnaround time
• Prepare /Issue policies for all classes of insurance within the system within the agreed turnaround time
• Process all endorsements within the agreed turnaround time
• Respond to all correspondence within the agreed turnaround time
• Ensure adherence to all the process procedures and controls

Risk Management

• Analyze and assess proposals and risk notes and report to the team leader on the need to carry out surveys for small to medium size non-standard risks
• Communicate with the team leader on the client’s progress on the implementation of surveyor’s recommendations in improving the status of risks written

Policy Renewals

• Work on the allocated renewal scrutiny listing 2 months prior to expiry of policy and dispatch renewal notices to producers/clients1 month prior to renewal date
• Follow up allocated policies falling due for renewal and provide weekly report to Senior Underwriter to ensure achievement of monthly retention ratio of at least 90%

Reinsurance

• Liaising with the Reinsurance Section regarding risks requiring facultative reinsurance placements.

Filing – Comply with the agreed filing and record keeping system Customer Service

• Attend to direct customers who visit the office for inquiry and provide prompt attention and efficient service 

Finance

• Enforce credit control and effect cancellation for policies not paid to ensure that premium is paid for risks accepted
• Ensure all monies collected are banked on daily basis

Skills and Experience

2-3 years work experience

Education

Bachelors Degree (B): Insurance (Required)

Closing Date

29 December 2020er results type in MS Word then paste it here