Underwriting Assistant – Group Life
Purpose:
The incumbent shall be
responsible for analyzing and assessing the risk presented to the company
through proposals submitted guided by the laid down underwriting guidelines.
Primary Responsibilities
Evaluate
risks proposed and prescribe rates and terms commensurate with the level of
risk before acceptance as per Underwriting guidelines;
Customers
onboarding and registration in the system;
Intermediaries
onboarding and registration in the system;
Ensure
timely processing of renewal invitations;
Prepare and process debits/credits endorsements for renewals and new business;
Process
renewal invitations guided by the claims experience;
Monthly
Premium Reconciliation;
Process
commission for agents and brokers;
Process
and dispatch renewal notifications and endorsements on time;
Prepare
and issue Policy documents and Renewal Endorsements;
Provide
Group Life quotations to intermediaries and clients;
Process
premium refunds to customers;
Respond
and attend to customer inquiries;
Prompt
handling and response to customer inquiries once received;
Any
other duties as may be assigned from time to time.
Academic,
Professional, and Technical Competencies
Academic and
Professional Requirements
Education
Bachelor’s
degree in Commerce or a related field
Professional Qualifications
Progress
towards IIK or ACII
Academic, Professional,
and Technical Competencies Required:
Essential
Knowledge/Skills and Experience Required:
Up
to (1) years relevant experience
Good
analytical skills
Excellent
communication and presentation skills
Problem-solving
skills
Excellent
customer care skills
Desirable knowledge/skills
and Experience Required:
Excellent
interpersonal skills
Computer
literate in MS Office and other office applications
Technical
competence in insurance
Basic
knowledge of regulations by AKI and IRA
How To Apply
Closing Date: 8th November
2023
