PURPOSE OF THE ROLE
Reporting to the underwriting Manager – Life Business, the Assistant underwriting Manager will provide functional, technical and process support to the leadership of the department.
In addition he/she will be responsible for the development of departmental staff so as to ensure a competent team
Best Sellers in AppliancesPRIMARY Duties & Responsibilities
Assist in the formulation, implementation and monitoring of short and long term objectives, policies and operating procedures for the department in accordance with industry standards to ensure the department remains competitive in the industry.
Provide expertise and general underwriting support to the underwriting team in reviewing, researching, processing, investigating and accepting of risks.
Prepare periodical underwriting reports, weekly underwriting statistics and other ad hoc reports as may be required from time to time.
Analyze performance of service providers within set service standards and make appropriate recommendations and follow up implementation as necessary.
Liaise with claims and Legal Departments on claims matters, trends and technical policy interpretation
Assist in identifying the training needs of the underwriting staff in the department and ensure that they are mentored, trained and empowered so as to meet the company goals and objectives
Supervise all underwriting risk ceding to the reinsurer they are made on time and at minimal costs
Qualifications and training required
• Bachelor’s degree in any discipline preferably in finance, accounting, actuarial science, insurance
• Professional qualifications – Completed ACII or AIIK
• Attentive to details with Good analytical skills
• Excellent communication, problem-solving and customer care skills Remuneration
• Certifications, Seminars and relevant Trainings are added advantage
• At least 5 years relevant experience in an underwriting Department in a reputable insurance firm having served 2years as a supervisor
• Certifications and registration with professional bodies added advantage.
• Seminars attended on Technical Risks assessment
