Underwriter job at African Trade Insurance Agency

Vacancy title:
Underwriter

[ Type: FULL TIME , Industry: Insurance , Category: Finance, Insurance & Real Estate ]

Jobs at:

African Trade Insurance Agency

Deadline of this Job:
02 July 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Monday, June 06, 2022 , Base Salary: Not Disclosed

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Learn more about African Trade Insurance Agency
African Trade Insurance Agency jobs in Kenya

JOB DETAILS:
Underwriter

Under the supervision of, and reporting to the Chief Underwriting Officer, through the Senior Underwriter, the Underwriter’s key duties and responsibilities will be as below:
• Support in generating business through marketing activities and increasing the visibility of ATI. This involves meeting one-on-one with clients and prospects and attending different marketing events organised by ATI or ATI’s business partners;
• Assist to organise/manage awareness events in countries of responsibility;
• Support underwriting business through;
o Screening business enquiries based on eligibility criteria;
o Assess the risks of the proposed transactions and produce a report of the risk to convince approvers to accept the risk;
o Issue non-binding/indicative term sheets;
o Arrange reinsurance for transactions requiring reinsurance support;
o Preparation of policy documents
o Educating policy holders on the A-Z of the policy they are about to sign.
• Assist in managing and monitoring the underwritten risk - support and guide the Portfolio Services Personnel in;
o Ensuring timely payment of premiums;
o Following up on any outstanding documentation/information from policyholders and
o Continuously monitoring the assigned portfolio, pre-empting any potential risk events thereon; and promptly bringing such to management’s attention;
• Support generation of reports such Underwriting reports, Broker reports, Marketing reports, Mission/back to office reports, country marketing plan and activity reports, Policy wordings;
• Update and monitor the Watchlist and;
• To perform other duties as may be assigned to you from time to time.

Skills and Attributes
• A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization;
• A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
• CII or CPA/ACCA (an added advantage);
• A minimum of five (5) years relevant experience;
• Technical understanding, expertise, and experience in insurance and reinsurance;
• A proven track record of success underwriting complex transactions or providing sector specific underwriting skills;
• Key Stakeholders management skills;
• Demonstrate ability to initiate ideas for product development;
• Team leadership skills;
• Demonstrate a clear understanding of policy wordings;
• Strong analytical skills with a high level of accuracy and attention to details;
• Excellent negotiation skills;
• Good judgement and decision making skills;
• Ability to work under pressure and meet urgent deadlines;
• Excellent communication (oral, written, presentation) and interpersonal skills;
• Ability to work in a multi-cultural environment;
• Bilingual communication skills in both English and French will be an added advantage;
• Strong people management skills; and
• Demonstrate ATI’s core values - unity of purpose, customer first approach, integrity, getting it first the right time and creativity

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8

Job application procedure
Candidates are required to submit an electronic copy of the following:
• Application Letter;
• CV, plus details of your current remuneration package if applicable along with details of three referees; and
• Personal History Form
Submit your application to recruitment@ati-aca.org  . The closing date is Saturday, 02 July 2022 at Midnight East African time.


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Job Info
Job Category: Insurance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 02 July 2022
Duty Station: Nairobi
Posted: 06-06-2022
No of Jobs: 1
Start Publishing: 06-06-2022
Stop Publishing (Put date of 2030): 06-06-2065
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