Job Description:
We are looking for a skilled and experienced Medical Insurance Underwriter to join our team. The ideal candidate will have a strong background in underwriting within an insurance brokerage firm, with at least five years of experience in the Kenyan insurance market. This role requires a keen eye for detail and an in-depth understanding of local insurance regulations and practices.
Key Responsibilities:
Risk Assessment: Evaluate medical insurance applications to determine risk levels, coverage eligibility, and premium rates.
Policy Underwriting: Develop and implement underwriting guidelines, establish premiums, and set policy terms for individual and group medical insurance products.
Client Engagement: Work closely with insurance brokers to negotiate policy terms, ensuring client satisfaction while maintaining the company’s profitability.
Regulatory Compliance: Ensure all underwriting activities comply with Kenyan insurance regulations and company policies.
Data Analysis: Utilize actuarial data and statistical tools to support underwriting decisions.
Documentation: Maintain comprehensive records of underwriting decisions, client communications, and risk assessments.
Collaboration: Collaborate with internal teams such as sales, claims, and customer service to achieve company objectives.
Qualifications:
Experience: At least 5 years of experience in medical insurance underwriting, specifically within an insurance brokerage firm.
Education:
Bachelor’s degree in insurance, finance, business, or a related field.
Must possess valid insurance certifications (e.g., AIIK, CIIK).
Skills:
Strong analytical and decision-making skills.
Excellent communication and negotiation abilities.
Deep knowledge of Kenyan medical insurance products and underwriting standards.
Proficiency in using underwriting software and analyzing actuarial data.
Attention to detail and excellent organizational skills
Qualified candidates are encouraged to submit their resume and a cover letter outlining their experience and qualifications to careers@orchidhr.co.ke by 26th August 2024.Only shortlisted candidates will be contacted.
Apply via :
careers@orchidhr.co.ke
