Vacancy title:
Assistant Underwriter – Medical Risk Pricing
Jobs at:
CIC InsuranceDeadline of this Job:
17 August 2022
Summary
Date Posted: Wednesday, August 10, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Purpose:
• To assess and prudently underwrite Medical Business in commercially sound terms and to ensure that all underwriting and documentation duties in the section operate effectively and efficiently.
Primary Responsibilities:
• Accept or reject risk in line with the set underwriting guidelines;
• Preparation of renewal notices;
• To ensure proper and accurate debiting and crediting for both new business and renewals;
• Review of New Business quotations from Medical Sales.
• Prepare and process policy documents and renewal endorsements;
• Preparation of Contracts for review by Underwriting Manager;
• Medical Underwriting for all retail proposal forms;
• Preparation of Quarterly schemes performance reports for timely interventions to correct adverse trends;
• Review and approval of debits/credits before dispatch to the client;
• Review of Reconciliation of underwriting issues processed by Underwriting Assistants;
• Cancellation of policies due to non-payment of premiums.
• Respond to customer and intermediaries’ enquiries;
Person Specifications
Academic Qualifications
• Bachelor’s Degree in Business or in a related field
• Background in Actuarial Science or Statistics will be an added advantage
Professional Qualifications
• Progress towards CII or IIK (Required)
Experience
• Up to two (2) years’ relevant experience
Skills and Attributes
• Excellent communication and presentation skills
• Problem solving skills
• Excellent interpersonal skills
• Good negotiation skills
• Good analytical skills
• Computer literate in MS Office and other office applications
• Understanding of the working environment /competitors
• Technical competence in insurance
• Basic knowledge of regulations by AKI and IRA
Work Hours: 8
Experience in Months: 24
Level of Education: Bachelor Degree
Job application procedure
• Interested and qualified? Click here to apply
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.