Senior Manager Underwriting - Medical at CIC Insurance

PURPOSE:

Responsible for providing leadership and strategic direction to deliver growth and underwriting profitability through proper selection and adequate pricing of risks for the subsidiary.

PRIMARY RESPONSIBILITIES:           

• Review the risks accepted in the company to ensure they are within the set underwriting guidelines and are covered under the reinsurance program.
• Develop and advice management on the appropriate reinsurance programs.
• Issue and approve quotations within specified limits.
• Provide input on product development and business innovation initiatives to ensure continuous review of existing products to meet changing market needs.
• Manage policy documentation process to achieve timely issuance of cover, debits, policy documents and endorsements.
• Manage renewal process to achieve the set turnaround time and retention.
• Co-ordinate underwriting activities to ensure quality and excellent customer service.
• Review and submit compliance reports to the management and regulators.
• Review existing risks, recommend and implement risk mitigation measures.
• Review of departmental business processes and systems to meet the changing business needs and client expectations.
• Engage intermediaries and other business partners in order to grow the business.
• Manage strict application and enforcement of the credit policy and debt management structure and procedures.
• Develop, circulate and regularly update underwriting guidelines.

Academic and Professional Requirements

Education  

• Bachelor’s degree in a related field and a Master’s degree an added advantage    E
•  Professional Qualifications    ACII or AIIK    D

Experience Required:

• 8 years Relevant experience