Assistant Underwriting Manager - General Insurance at Old Mutual Kenya

KEY RESPONSIBILITIES

• Ensure risks accepted are within the set underwriting guidelines and are covered under the reinsurance Programme
• Assist in Providing technical advice to  staff on rating and underwriting of complex risks.
• Support management of underwriting processes like business on-boarding, documentation, risk surveys, valuations, policy issuance, certificates management, cancellations , refunds, review of underwriting manual.
• Support  product development and business innovation initiatives to ensure continuous review of existing products to meet changing market needs.
• Assist in product review,  risk pricing and quotes
• Response to daily operational queries to ensure smooth operation and efficient customer experience within the stipulated turn around times
• Assist in Reviewing of underwriting business processes, systems, and standard operating procedures to meet the changing business needs and emerging control environment risks
• Preparation and submission of monthly underwriting returns to IRA
• Preparation and update of all compliance, risks, events, indicators, and actions into the risk management system.
• Auditing and monitoring compliance levels on various compliance issues such underwriting guidelines , documentation, authority matrix, data completeness ,  risk cessioning in the system and compliance with filled and reinsurance rates.
• Enforce and ensure 100% compliance
• Review and approval of policy schedules and documents.
• Identify process and product training needs and organizing relevant trainings to fit such identified gaps
• Assist on coaching and mentoring  staff on underwriting guidelines, standard operating procedures, and technical product knowledge

SKILLS AND COMPETENCIES

• Sound Technical Underwriting skills
• Intensive and extensive product knowledge
• People Management and overall managerial   skills
• Good analytical skills
• Customer service skills
• Good Communication Skills
• Computer Literate with good knowledge of  Excel

QUALIFICATIONS (Academic, Professional, Experience) 

• Degree in insurance, actuarial or business related
• Professional qualification (CII or IIK) or good progress

Experience: 

• Minimum 5 years’ experience 

Closing Date

23 June 2023