Accounting, finance, banking, insurance Jobs for Entry and Basic-level in Kenya

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Pacis Insurance Company Ltd.

Assistant Medical Underwriter

Embu

Kenya

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Pacis Insurance Company Ltd.

Country / Region

Profession (Banking, microfinance, insurance, Entry and Basic-level)

Seniority (Accounting, finance, banking, insurance, Banking, microfinance, insurance)

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Assistant Medical Underwriter

Job details

Contract Type

Description

Qualifications:Minimum Academic Qualification:

  • Bachelor’s degree in Actuarial science/Statistics from a recognized University.

Experience:

  • Entry Level to 6 months of experience

Knowledge:

  • Understanding of insurance industry


Responsibilities

Underwriting Role:

  • Assess the new and existing risks and ensure that they are adequately rated and commensurate with the terms and conditions advised and endorsed to retain profitability of the medical portfolio.
  • Provide competitive quotations to all customers promptly within the standards set.
  • Membership management; additions and cancellations.
  • Scheme set up, benefits set up and membership updates in the system
  • Timely and accurate debiting of premium and cover conditions and that the documentation is in compliance with set standards and procedures.
  • Ensure that medical insurance cards are issued in an efficient timely and accurate manner
  • Prepare and send renewal notice within stipulated timeline and co-ordinate follow up of the renewals to achieve renewal targets.
  • Ensure policy endorsements & documents are accurate and made within the standards of service, and ensure timely dispatch
  • Train various stakeholders on company products for increased knowledge and growth of business
  • Monitor scheme loss ratios and adjust renewal terms accordingly
  • Assist with business acquisition through follow up on quotes and intermediary visits.
  • Ensure business is booked as per the company’s credit policy and follow up on payment plans.

Customer Service

  • Continuously monitor the outpatient fund and check on prudent utilization of cover reporting any anomaly noted and ensure timely invoicing for top up.
  • Provide benefit utilization reports as per the standards of service set out in the customer charter
  • Provide timely feedback to client’s queries and concern as per service charter provisions.
  • Maintain client and intermediary relationships through visits


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