More than 100,000 people have found their dream job through Fuzu.

CLOSED FOR APPLICATIONS

Underwriting Manager

Closing: Jan 27, 2023

This position has expired

Published: Jan 24, 2023 (7 days ago)

Job Requirements

Education:

Work experience:

Language skills:

Job Summary

Contract Type:

Sign up to view job details.

esponsible for comprehensive underwriting & risk assessment strategy of the NCBA Bancassurance Intermediary in liaison with partner insurance companies.

Job Specifications

  • Academic: A Bachelor’s degree any Business related field.
  • Professional: Diploma in Insurance Management and/or other insurance qualifications
  • Desired work experience: 5 years working experience in insurance environment.


Responsibilities

esponsible for comprehensive underwriting & risk assessment strategy of the NCBA Bancassurance Intermediary in liaison with partner insurance companies.

Job Specifications

  • Academic: A Bachelor’s degree any Business related field.
  • Professional: Diploma in Insurance Management and/or other insurance qualifications
  • Desired work experience: 5 years working experience in insurance environment.


 Monitor and ensure recognition of all revenues relating to Bancassurance.
 Negotiate on binders as well as different rates with insurance companies to create value to customers.

 Adherence to the credit binder policy with regards to terms and Insurance rates.

 Ensure timely production reconciliation to ensure the gross premiums align between NCBA BIL and the insurance companies. Drive negotiate on binders as well as different rates with insurance companies to create value for customers.
 Reviewing all underwriting policy documentation to ensure the most comprehensive covers are availed to the bank’s clients

 Safeguard the quality & adequacy of cover given to the clients

 Provide technical inputs for all product contracts with underwriters.

 Ensure policy documentation and processes are strictly adhered to, to ensure that the clients are adequately covered.

 Conduct monthly production reconciliation with underwriters and follow-up for remedial action.

 Ensure that renewal notices are issued timeously

 Undertake risk management of the agency’s portfolio including coordinating risk surveys for corporate customers, portfolio diversity management. Manage risks for individual client accounts for large customers e.g. Corporate customers, Bank’s portfolio

 Oversee proper management of motor insurance certificates and timely declaration with underwriters.

 Ensure that all proposal documents and risk notes are filled accurately and submitted to the underwriters

 Confirm that policy documents are issued to the clients


Applications submitted via Fuzu have 32% higher chance of getting shortlisted.

Don’t miss your chance to work at NCBA. Enter your email to start your application now