Duties and Responsibilities
- Underwriting and Issuance of new policy documents
- Issuance of appropriate interim cover documents namely cover notes; certificates of motor insurance, CSU instructions and marine Cover/certificates notes
- Ensuring accuracy and correctness of policy documents including application of appropriate rates, insertion of relevant clauses, update of suitable terms & conditions and scrutiny of brokers’ slips and proposal forms
- Processing, preparation and dispatch of monthly pre renewals listing two months in advance and subsequent follow up of renewal of policies with service providers & direct Clients
- Processing renewals on confirmation of cover and sending out to clients renewal confirmations/Lien or Mortgage confirmations to the bank
- Attending to customers: personal visit, brokers visit, email, letters, phone, and handling technical enquiries from brokers and direct clients.
- Processing of endorsements additional/refund and timely dispatch
- Ensuring that business acceptances and computations are in line with our reinsurance treaty arrangements and preparing appropriate supporting reinsurance documents
- Computing competitive quotations in line with our underwriting philosophy and discussing them with clients
- Preparation and submission of regular performance reports as required including daily update of Personal Work Management Tool
Knowledge, Skills and Abilities
- Ability to make decisions and solve problems
- Knowledge of the financial sector and of insurance products and services
- Working knowledge of reinsurance
- Ability to work independently without supervision
- Excellent Computer skills
- Good communication Skills
Credentials and Experience
- Business related Graduate
- Diploma in ACII or its equivalent.
- 5 years in a busy underwriting department
Senior Underwriting Officer
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