Non Motor Underwriting Manager at Africa Merchant Assurance Company Limited

Key Responsibilities:

• Implement corrective actions to address any underperforming areas

Leadership and Management:

• Lead, mentor, and develop a team of underwriters to achieve departmental goals.
• Conduct regular performance reviews and provide ongoing training and development opportunities.
• Foster a collaborative and high-performance work environment.

Underwriting and Risk Assessment:

• Oversee the underwriting process for non-motor insurance products, ensuring thorough risk assessment and accurate pricing.
• Develop and implement underwriting guidelines and best practices.
• Approve complex and high-value insurance applications.

Strategy and Planning:

• Develop and execute underwriting strategies to achieve business objectives.
• Monitor market trends and competitor activities to inform strategic decisions.
• Collaborate with other departments to develop new insurance products and services.

Compliance and Quality Control:

• Ensure compliance with company policies, industry standards, and regulatory requirements.
• Conduct regular audits and reviews to maintain high underwriting quality.
• Address and resolve any underwriting issues or disputes.

Customer and Stakeholder Relations:

• Build and maintain strong relationships with brokers, agents, and other stakeholders.
• Provide expert advice and support to sales teams and clients.
• Represent the company at industry events and meetings.

Financial Performance:

• Monitor and analyze underwriting performance and profitability.
• Prepare and present regular reports on underwriting metrics and financial results.

Qualifications:

• Bachelor’s degree in any stream.
• ACII or Diploma in insurance is a must.
• Minimum of 5-7 years of experience in non-motor underwriting, with a focus on non-motor lines.
• Proven leadership and team management skills.
• Strong analytical and decision-making abilities.
• Excellent communication and interpersonal skills.
• In-depth knowledge of non-motor underwriting principles, risk assessment, and insurance regulations.
• Proficiency in non-motor underwriting software and tools.