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Seniority (Accounting, finance, banking, insurance)
© Fuzu Ltd
Absa Group Ltd
Banking + 2 more
Description
Education and Experience Required:
- Bachelor’s degree in insurance or business-related field
- Progress in Insurance Professional Qualification
- At least 3 years’ experience in underwriting
Responsibilities
- Ensuring renewal notices with appropriate terms are sent 60 days to renewal.
- Policy document issuance within stipulated TAT.
- Assist claims department by providing the required documents and details immediately
- Approve and manage major quotations
- Ensure retention of existing accounts
- Assist in credit control
- Overseeing retention portfolio in line with business strategy.
- Controlling loss by assessing risk, conducting analysis and recommending policy solutions
- Identifying portfolio risks resulting from client’s underlying business practices, underwriting investigations or fraud exposure.
- Coordinating with internal stakeholders to initiate marketing strategies and meet market penetration and business growth objectives.
- Supporting review, acceptance or denial of new or renewal business after carefully reviewing all information.
- Proactively address escalated customer issues.
- Driving growth through collaborative engagements with various distribution channels, insurance brokers, agents, banc assurance with enhanced service accessibility & client reach.
- Meeting with customers, agents and brokers to negotiate coverage, price and service delivery.
- Calculating group and individual renewal rates based on customers’ background, industry and demographic information.
- Providing high level of assistance to help with review, classification, and rating of applications.
- Offering friendly and efficient service to customers, handling challenging situations with ease
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