Job Description
Job Purpose
Assessing and prudently underwriting risks as per the company underwriting guidelines to deliver the desired loss ratio and profitability
Key Responsibilities
- Analyse proposed risks and determine the rates and terms to charge
- Implement risk survey recommendations
- Supervise underwriters to ensure prudent underwriting and timely release of underwriting documents
- Ensure prepared documents are issued to customers and/or intermediaries
- Ensure renewal notices are issued as per set guidelines
- Direct underwriters in complying to the company credit policy
- Manage company records and ensure proper filing of client information both manual and electronic
- Perform any other duties as may be assigned from time to time
Key Performance Measures
Working relationships
Internal Relationships
- Accountable to the Assistant Manager, Underwriting
- Directly responsible for staff working under this position
- Required to liaise and work closely with the other business heads as may be necessary
External Relationships
- Regulatory Authorities
- Insurance sector players
- Intermediaries
- Britam customers
Knowledge, Experience And Qualifications Required
- Bachelor’s degree in a business related course.
- Professional qualification in Insurance (ACII)
- Five years successful insurance experience
Competencies
Technical and functional competencies
- Knowledge of insurance industry and concepts
- Knowledge of insurance regulatory requirements
- Knowledge of underwriting procedures
Core competencies
- Communication skills
- Building Relationships
- Focuses on the Customers
- Develops Self
- Solves Problems