PURPOSE:
The job holder shall be responsible for analyzing and assessing the risk presented to the company through the proposals submitted and based on the underwriting guidelines provided by the company.
PRIMARYRESPONSIBILITIES:
Lead the Corporate Business Underwriting and Servicing Section;
Evaluate risks proposed and prescribe rates and terms commensurate with level of risk before acceptance as per Underwriting guidelines;
Approve Policy endorsements;
Approve renewal invitations guided by the claims experience;
Ensure business retention ratio is achieved
Monthly Premium Reconciliation and preparation of quarterly intermediaries Account Statement;
Approve commission for agents and brokers as per authority limits;
Approve premium refunds to customers;
Review and approve Policy documents and Renewal Endorsements;
Review and approve Group Life quotations to intermediaries and clients;
Respond and attend to customer enquiries;
Prepare monthly business reports;
Approve payments to Medical Service Providers;
Periodic review and update of the Underwriting Guidelines and Policy Documents
PERSON SPECIFICATIONS
Academic Qualifications
Bachelor’s Degree in Business or in a related field
Experience
Minimum (4) years’ relevant work experience
Professional Qualifications
CII, AIIK or LOMA – FLMI (Required)
Skills and Attributes
Excellent communication and presentation skills
Problem solving skills
Excellent interpersonal skills
Good negotiation skills
Good analytical skills Computer literate in MS Office and other office applications
Understanding of the working environment /competitors
Technical competence in insurance
In-depth knowledge of regulations by AKI and IRA
Apply via :
cic.co.ke
