Job Title: Medical
Underwriter
Hiring Organization: PACIS
Insurance Company Limited
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Insurance
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 09/24/2023
Purpose
of the Job
The
jobholder is responsible for assessment, pricing and determining terms for
medical risks.
Key Responsibilities
Underwriting
Roles
- 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 Roles
- 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
Minimum
Academic Qualifications
A
Bachelor’s degree in Actuarial science/Statistics from a recognized University.
Professional
Qualifications
Diploma
in Insurance AIIK/ACII
At least
Two (2) years’ experience in health insurance underwriting.
Understanding of insurance industry Medical Underwriter
Skills
And Competencies
- 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 careers@paciskenya.com not
later than Wednesday 27th September 2023.
