Vacancy title:
Underwriting Associate-Nyeri
Jobs at:
BritamDeadline of this Job:
31 December 2021
Summary
Date Posted: Friday, December 17, 2021 , Base Salary: Not Disclosed
JOB DETAILS:
Underwriting Associate-Nyeri
Job Purpose:
Assist in underwriting and risk assessment within the set standards of service to ensure quality and timely service.
Responsible for delivering an exceptional customer experience at the Britam branch level and putting the needs of every customer at the heart of every decision-making process.
Key responsibilities
Corporate Business
1. Review all applications for insurance – determine the profiles of risks presented to the company for insurance and assess their acceptability or otherwise;
2. Prepare quotations as per authority matrix;
3. Custodian of underwriting documents e.g.Comesa cards
4. Conduct Risk surveys for small risks as per authority matrix;
5. Prepare and issue certificates and cover notes where necessary;
6. Ensure timely preparation and dispatch of policy documents including valuation reports, debit, credit notes & endorsements and authorising them within agreed and set authority limits;
7. Implement credit control policy and ensure that premiums are debited and collected as required;
8. Ensure receipting of premium collections, daily banking as well as preparation of premium reports for all lines of business as applicable;
9. Review and communicate renewal terms, ensure renewal notices go out on time and follow up renewals to ensure high retention rate;
Retail Business
• Conduct 1st level underwriting of new business /by carrying out completeness and accuracy checks to ensure data was captured accurately in the application and systems;
• Scanning and indexing of customer instructions;
• Receipting(cheques/standing orders/check offs) and posting payments in LOB system;
• Preparing Daily Premium reports;
• Advise Policy Administration on dishonoured cheques and write letters to customers regarding the same;
• Processing refunds/cancelled policies/deductions after maturity, claims and surrenders;
• Forward issued applications to registry;
• Hold briefing the event the customer service assistant is absent by performing that role/tasks.
• Performany other duties as may be assigned from time to time
• Delegated Authority: As per the approved Delegated Authority Matrix
• Prepare quotations in collaborations with the CSE
• Drive customer self service by encouraging all walk-in clients to sign up to the customer portal and offer necessary support.
• Ensure business retention by taking initiative to conserve cancellations and surrenders before processing customer instructions.
Knowledge, experience and qualifications required
• Bachelor’s degree (insurance option preferred)
• At least one year experience in the insurance industry
Education Requirement: No Requirements
Job Experience: No Requirements
Work Hours: 8
Job application procedure
Use the link(s) below to apply on company website.
• Underwriting Associate-Nyeri
All Jobs
Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.