Assistant Underwriting Manager Job CIC Insurance
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Assistant Underwriting Manager Job CIC Insurance
Assistant Underwriting Manager – Group Life Job
Purpose
Reporting to the Underwriting Manager – Group Life, the role holder will be tasked to evaluate, price and prescribe the terms to apply on risks proposed so as to deliver the desired loss ratio and profitability.
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 reports i.e. – Loss ratio, Renewal notices, lapse reports
- Reconciliation of underwriting issues
- Cancellation of policies due to non-payment of premiums
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Generic Duties
- Carry out performance appraisal, coaching and mentoring staff.
- Participate in various meeting and committees.
Qualifications
Academic and Professional Requirements
- Education Bachelor’s Degree
- Bachelor’s Degree in Insurance, Actuarial or in a business-related field.
Professional Qualifications
- Diploma in Insurance
Experience Required:
Relevant experience
- Minimum of three (3) years’ experience at managerial/supervisory level.
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How To Apply
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