Underwriting Supervisor – Libertas General Insurance Company Limited

July 26, 2024
Application deadline closed.

Job Description

LIBERTAS GENERAL INSURANCE COMPANY LIMITED is one of the leading short-term insurance companies in Malawi. We have 28 years’ experience in offering primary insurance products like Motor, Engineering, Health, Pecuniary, Liabilities, among others; to Individuals, SMEs and Corporates.

Opportunities have arisen for highly motivated, competent and results oriented individuals to fill the following vacancies at our Lilongwe office.

UNDERWRITING SUPERVISOR

Job Purpose     

Reporting to the Branch Manager, the Underwriting Supervisor is responsible for assisting the Branch Manager in implementing company’s underwriting policies and procedures and dealing with compliance issues within turnaround times.

Key Responsibilities 

  • Leading a team of underwriters, providing guidance, training, and support to ensure that standards are maintained.
  • Reviewing and approving underwriting decisions made by team members to ensure accuracy and compliance with company policies and regulations.
  • Tracking Team performance metrics, identifying areas for improvement and implementing strategies to enhance efficiency and effectiveness.
  • Obtaining and analyzing customer credit data.
  • Preparing reports for senior management on underwriting performance, trends, and potential risks.
  • Addressing complex or escalated issues from clients or agents, providing resolutions that adhere to company standards and maintain client satisfaction.
  • Working with other departments, such as sales, claims, and finance, to ensure cohesive and streamlined operations.
  • Arranging for Reinsurance placement and preparing signing slips plus follow-ups where necessary.

Qualifications and experience     

  • Diploma in Insurance (Chartered Institute of Insurance) or its equivalent.
  • At least 3 years relevant work experience.

Knowledge and Competencies  

  • Good communication skills.
  • Skills in operating office and technological equipment and software.
  • Mathematics Skills.
  • Knowledge of company products, services, policies, and procedures.
  • Knowledge of Industry regulations and directives.

METHOD OF APPLICATION

Interested individuals who meet the above requirements should submit their applications, copies of qualification certificates, and updated CVs with at least three (3) traceable referees to:

Human Resources Officer,

Libertas General Insurance Company Limited,

P.O Box 354,

Unit House, Ground floor, Blantyre.

Email: recruitment@libertas.co.mw

Closing date for receiving applications is 29th July 2024.

Only shortlisted candidates will be contacted.

Libertas General Insurance Company Limited is an equal opportunity employer.