Assistant Underwriter – Buruburu Branch at CIC Insurance

PURPOSE:

• To evaluate, price and prescribe the terms to apply on risk proposals so as to deliver the desired loss ratio and profitability.
• To key in the underwriting information into the system and generate debits, endorsements and Policy documents.

PRIMARY RESPONSIBILITIES: 

• Accept or reject risk in line with the set underwriting guidelines
• Prepare and process policy documents
• Process renewals, endorsements and follow up on valuations
• Reconciliation of underwriting issues
• Process renewal notices follow up on lapses and valuations
• Respond to customer and intermediaries’ enquiries
• Raise refund cheques, commissions for customers and service providers
• Prepare and dispatch debit/ credit notes, member schedules premium and fund statements, utilization reports and replenishment letters to clients/ schemes
• Process and dispatch membership cards to clients and intermediaries and Cancellation of policies due to non-payment of premiums.
• Claims registration, Appointment of Assessors and Processing of Towing and Windscreen claim refunds

PERSON SPECIFICATIONS

Academic Qualifications

• Bachelor’s Degree in Business or in a related field

Experience

• Up to Two (2) years’ relevant work experience

Professional Qualifications

• Progress towards CII or IIK (Required)

Skills and Attributes

• Excellent communication and presentation skills
• Problem solving skills
• Excellent interpersonal skills
• Good negotiation skills
• Good analytical skills
• Computer literate in MS Office and other office applications
• Understanding of the working environment /competitors
• Technical competence in insurance
• Basic knowledge of regulations by AKI and IRA