Underwriting Officer

New

Job Summary

To assist the Unit Head in carrying out technical underwriting operations and the smooth running of the unit’s activities.

  • Minimum Qualification: Degree
  • Experience Level: Entry level
  • Experience Length: 1 year

Job Description

 Key Tasks / Responsibilities Attend to correspondence Collect statistics for renewal purpose Gathering information from clients, assessing their insurance needs and risk profile; Building and maintaining ongoing relationships with clients including scheduling and attending meetings and understanding the nature of clients’ businesses or lives; Foreseeing clients' insurance needs, such as policy renewals; Researching insurance companies' policies and negotiating with underwriters to find the most suitable insurance for clients at the best price; Arranging specialized types of insurance cover in complex cases; this may involve preparing reports for insurance underwriters and surveyors and negotiating with insurers; Advising clients on risk management, and helping to devise new ways to mitigate risks Renewing or amending existing policies; Advising clients whether and when they need to make a claim on their policies; Marketing and acquiring new clients; Developing relationships with underwriters, surveyors, photographers, structural engineers and other professionals; Winning accounts against competitors; Keeping up with changes in the insurance market and in the clients' industries; Collecting insurance premiums and processing accounts General administrative duties assigned by the Unit Head such as: Opening of files Filing of documents and keeping detailed client records Dispatch of documents directly to clients/underwriters 


 Key Result Areas Good knowledge of the job Accurate record keeping Prompt processing of client requests as per agreed timelines Writing skills

Key Knowledge Areas and Skills Required Technical Expertise Planning and Organising Computer Application Proficiency Team Work & Interpersonal Skills Relationship Management Skills Good Oral & Written Communication Skills Initiative Ability to work with Minimal Supervision 

 

Qualifications BSc/HND in Insurance/ the Social Sciences Membership of a professional body would be an added advantage (ACII certification, etc)

Years of Experience Minimum 2-3 years relevant experience 

Candidates must have experience in the insurance industry

Salary Range: 1.2M – 1.8M (Per annum)

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