Bancassurance Underwriting Officer at I&M Bank

PURPOSE:

This role entails underwriting general classes of insurance for both bank and non-bank clients, to offer wholesome insurances which in return increases and retains income to Bancassurance.

KEY PRIMARY RESPONSIBILITIES:

• Reviewing insurance applications for compliance and adherence.
• Placing businesses with Insurers
• Preparing renewal schedules and obtaining quotes for competitive insurance premiums and sharing with Clients
• Obtaining rates from the insurance companies and preparing quotation for new businesses
• Arranging, preparing of renewal register and renewing of existing businesses
• Creating Customers in CRM system, debiting/endorsing policies in GIS system
• Checking policy documents to ensure the terms, conditions and warranties are favorable to our clients.
• Regular dispatching of policy documents and endorsements to Customers,
• Following up on documents from various insurers after placing covers
• Timely issuance of Motor Certificates and sharing with Customers

PERSON SPECIFICATIONS

Academic Qualifications

• College Diploma and Certificate of Proficiency in Insurance

Professional Qualifications

• At least 5 years relevant experience.
• Certificate of Proficiency in Insurance or an equivalent professional qualification

Skills and Attributes

• Excellent communication and interpersonal skills.
• Excellent knowledge of insurance policies and ability to relate policy provisions
• Ability to make logical, rational and sound judgment.
• Team Player
• Proficiency in Microsoft Office
• Basic data analysis skills
• Self-driven individual