Policy Administrator at Metropolitan Cannon Life Assurance Ltd

PURPOSE OF THE ROLE

Reporting to the Assistant Manager – Life Underwriting – The Policy Administrator will play a key role in servicing corporate group life clientele with an aim of retention of existing business and introduction of new schemes

PRIMARY Duties & Responsibilities

• Prepare competitive quotations in line with the company provided guidelines and maintain a register of the conversion rate provided quotations
• Compute policy endorsements, billing and updating of scheme reconciliation schedules.
• Timely circulation of medical compliance registers
• Perform timely and accurate scheme reconciliation of reinsurance accounts
• Observe strict adherence to cash and carry rule and/or company credit control policy.
• Communication of renewal terms to the clients and/or broker
• Preparation of medical letters for new entrants of schemes
• Perform accurate and timely premium allocation as per company set TAT’s.
• Medical Underwriting
• Prepare reinsurance schedules for scheme movements
• Provide quality service to all clients
• Respond to all clients queries and ensure all issues raised are solved within the set TATs.

Qualifications and Experience

• Bachelor’ degree in Actuarial Science or insurance field
• ACII/ IIK qualification
• Over 3 years of experience in a similar Life Insurance role

Required skills and Competencies

• Good communication and customer service skills
• In-depth knowledge of Life Assurance products
• Good understanding of Life Insurance laws, practices, and regulatory requirements in Kenya.