Purpose of the Job
To provide basic underwriting of risks according to client’s applications
Duties & Responsibility
- To perform underwriting function for submitted proposals within the risk guidelines and archiving the information in manual and electronic form.
- To verify that product rates are adequate and within reinsurance terms before risk acceptance
- Confirm that all the proposal forms are captured electronically and premiums posted
- To issue and dispatch proposal forms to the branches and the Policy Documents to the clients
- To develop and support a responsive and robust customer service system supported by modern technology
- Submit reports to Clients on scheme utilization
- Follow up on renewal lapses to ensure the renewals are done timely.
- Ensure Timely receipt capture and posting and allocation (Update customers premium card/ledger), capture of Policy Loan repayments
- Develop and ensure a clear Communication process on expected, received and missed premium to clients, agency and management
- Contribute to the development of an Automated process for underwriting
- Ensure credit & debit notes are issued and Premium Refunds are timely and accurately done.
- Process commissions to agents, brokers and intermediaries.
- Help with on the job training of new staff
Requirements
Academic Qualifications
Academic Qualifications
- Minimum Bachelor’s Degree in a Business related field.
- At least 2 Insurance Professional ACII papers ACII or AIIK
Professional Qualifications
- At least 2 Insurance Professional ACII papers ACII or AIIK
Relevant Work Experience
- At least 2 years as an Underwriter in a busy working environment or a related field.
Skills/ Knowledge
- Excellent Communication skills, especially vocal and listening
- Computer Literate in MS Office and other office applications
- Excellent Interpersonal skills
- Good analytical skills
- Knowledge of trends in Insurance Underwriting
- Training skills
- Innovative
If you meet the above requirements and consider yourself up to the challenge, please email your application and a copy of your CV clearly indicating on the subject of your email the job Ref No.
For example: Ref : Application for Underwriting Assistant – Medical Position to:
The Group Human Resources Manager
CIC Insurance Group Ltd
Strictly through Email to: recruitment@cic.co.ke
The application should reach us by close of business on 26th April 2013.
For example: Ref : Application for Underwriting Assistant – Medical Position to:
The Group Human Resources Manager
CIC Insurance Group Ltd
Strictly through Email to: recruitment@cic.co.ke
The application should reach us by close of business on 26th April 2013.
Please note only shortlisted candidate will be contacted.
If you do not hear from us by 15th May 2013consider your application unsuccessful.