Vacancy title:
Underwriting Graduate Trainee Medical
Jobs at:
Old MutualDeadline of this Job:
Tuesday, October 01 2024
Summary
Date Posted: Wednesday, September 18 2024, Base Salary: Not Disclosed
JOB DETAILS:
Job Description
Responsible for assessing and evaluating insurance applications, analysing risks, and determining appropriate coverage and premiums. This role involves making informed decisions based on risk assessment and underwriting guidelines to ensure profitability and maintain a balanced portfolio for the insurance company
• Issuing and sending of medical quotations by applying actuarial knowledge and skills to provide a dynamic, customer centric pricing model.
• Preparing quarterly usage reports and scheme analysis for ongoing clients
• Monitor risk and provide business insights to the Head of Medical and or Senior Underwriter.
• Participate in sharing renewal notices whenever delegated, which may include renewal negotiations and pricing.
• Participate in product development.
• Ensure compliance with regulatory requirements, underwriting standards, and company policies, and adhere to ethical practices.
Skills
• Company Policies, Ensure Compliance, Negotiation, Price Management, Pricing Models, Profitability, Regulatory Requirements, Underwriting, Underwriting Guidelines
Education
• Bachelors Degree (B): Actuarial Science (Required)
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education: Bachelor Degree
Job application procedure
Interested and qualified, Click here to apply.
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