Underwriter Bancassurance Channels - First Assurance Kenya

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
  

• 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