PURPOSE OF THE ROLE
Reporting to the Assistant Manager – Life Underwriting – The Policy Administrator will play a key role in servicing corporate group life clientele with the aim of retaining existing business and introduction of new schemes.
PRIMARY Duties & Responsibilities
Evaluate and Analyze insurance applications against set criteria to determine the client’s risk to the business.
Timely recommendations on client’s application and advise on their approval or rejection based on set criteria.
Contact relevant stakeholders to obtain relevant information required in client’s application.
Prepare competitive quotations in line with the company provided guidelines and maintain a register of the conversion rate provided.
Issue policy endorsements, billing and updating of scheme reconciliation schedules.
Timely circulation of medical compliance registers.
Perform timely and accurate scheme reconciliation of reinsurance accounts.
Observe strict adherence to cash and carry rule and/or company credit control policy.
Communication of renewal terms to the clients and/or broker.
Preparation of medical letters for new entrants of schemes.
Perform accurate and timely premium allocation as per company set TAT’s.
Medical Underwriting.
Prepare reinsurance schedules for scheme movements.
Provide quality service to all clients and maintain detailed records of policies underwritten and decisions made.
Respond to all client’s queries and ensure all issues raised are solved within the set timelines.
Process all relevant payments.
Any other duty as may be assigned by the management from time to time.
Qualifications and Experience
Bachelor’ degree in insurance related field
ACII/ IIK qualification
Over 3 years of experience in a similar Life Insurance role
Required skills and Competencies.
Good communication and customer service skills
In-depth knowledge of Life Assurance products
Good understanding of Life Insurance laws, practices, and regulatory requirements in Kenya.
Interested and qualified candidates should forward their CV to: jobs@cannon.co.ke using the position as subject of email.
Apply via :
jobs@cannon.co.ke
