Job description
Job Purpose
Assist in underwriting and risk assessment within the set standards of service to ensure quality and timely service.
Assess risks and make acceptable decisions after proper analysis of clients’ data
Ensuring that systems and procedures covering underwriting operations are adhered to
Ensure high standards of customer service
Ensure timely and accurate processing of underwriting documents
Ensure proper, prompt and accurate premium processing, including check-offs, standing orders and cheques as well as maintenance of proper records of the same
Prompt preparation and submission of accurate premium reports
Liaising with the bank and check-off institutions to obtain details of unidentified payments within stipulated timelines
Suspense clearance within targets set by the Policy Administration Manager
Ensure prompt submission of payment instructions to various institutions and to Head Office e.g. salary deduction
Following up unpaid remittances with various local check-off institutions
Perform any other duties as may be assigned from time to time
Requirement
Bachelor’s degree (insurance option preferred)
At least one year experience in the insurance industry
Technical/ Functional competencies
Knowledge of insurance concepts
Knowledge of underwriting processes and procedures
Technical competence in underwriting insurance risks
Knowledge of insurance regulatory requirements
