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Closing: May 31, 2024

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Published: Apr 23, 2024 (2 months ago)

Job Requirements

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Job Summary

Contract Type:

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Requirements
  • HND / BSc in Insurance or related field.
  • Two years of work experience in life assurance underwriting and rating.
  • Experience in Insurance Indemnity is considered an additional advantage
  • Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposure.
  • Confident decision-making skills.
  • Knowledge of statistical packages.
  • Ability to work independently and in a team.

How to Apply
Interested and qualified candidates should send their CV to: the provided email address using the Job Title as the subject of the mail.

Responsibilities
Requirements
  • HND / BSc in Insurance or related field.
  • Two years of work experience in life assurance underwriting and rating.
  • Experience in Insurance Indemnity is considered an additional advantage
  • Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposure.
  • Confident decision-making skills.
  • Knowledge of statistical packages.
  • Ability to work independently and in a team.

How to Apply
Interested and qualified candidates should send their CV to: the provided email address using the Job Title as the subject of the mail.

  • The Underwriter will assess the risk of insuring a person or company according to the likelihood of a claim being made.
  • He / She will strike and maintain a balance between attracting and retaining customers through competitive insurance premiums and being able to cover any potential losses from claims.

Duties

  • Review insurance applications for compliance and adherence.
  • Liaise with the Senior Underwriter and specialist to gather information and opinions.
  • Draw up quotes for competitive insurance premiums.
  • Negotiate and define the specific terms of insurance with policyholders and partners.
  • Balance between mass and homogeneity of risks to predict future risk.
  • Follow applicable insurance laws.

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