Vacancy title:
Underwriter
Jobs at:
Cic InsuranceDeadline of this Job:
Tuesday, August 15 2023
Summary
Date Posted: Thursday, August 03 2023, Base Salary: Not Disclosed
JOB DETAILS:
Purpose:
To evaluate, price and prescribe the terms to apply on risks proposed so as to deliver the desired loss ratio and profitability.
Primary Responsibilities:
• Evaluate risks proposed and prescribe rates and terms to commensurate with level of risk before acceptance;
• Prepare and process debits/credits endorsements for both renewals and new business;
• Review renewal notices based on claims experience;
• Issue and sign Policy documents;
• Provide quotations to intermediaries and clients;
• Process premium refunds to customers;
• Respond and attend to customer enquiries;
• Prepare monthly adhoc reports
• Reconciliation of underwriting issues;
• Issue certificates, yellow cards and cover notes for intermediaries allocated and
• Cancellation of policies due to non-payment of premiums.
• Timely preparation of Reinsurance treaty returns, processing of reinsurance payments
• Placing and closing of Facultative transactions
• Upload all underwriting documents in the Electronic Data Management System (EDMS)
PERSON SPECIFICATIONS
Academic Qualifications
• Bachelor's degree in any related field or business course Professional Qualifications
• Certificate of Proficiency (COP)
• Diploma in Insurance is an added advantage.
Experience
• Minimum of Three (3) years' relevant experience
• Essential Knowledge/Skills and Experience Required:
• Excellent communication skills
• Relationship management
• Excellent customer care
• Good negotiation skills
• Good analytical skills
• Problem solving skills.
• Good Computer skills
• Technical competence in Insurance
• Basic knowledge of regulations by UIA & IRA.
Work Hours: 8
Experience in Months: 36
Level of Education: Bachelor Degree
Job application procedure
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title. For example: Ref: Application for Underwriter
Strictly apply through email: careers@ug.cicinsurancegroup.com
The application should reach us by close of business on 15th August 2023. Please note only short-listed candidates will be contacted.
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