Underwriting Manager at Madison Group Limited

Key Responsibilities

• Keeping up with the New Business rules and procedures from regulators affecting Life Business.
• Preparing, reviewing, and implementing Underwriting guidelines.
• Ensuring 100% automation of all underwriting processes, reports, and maximizing the use of the BI tool for reporting.
• Ensuring Reassurance Treaty programs for Life Business are in place.
• Ensuring quotations, policy issuance/amendments, renewals are done within the set customer service benchmarks.
• Ensuring timely conversion of new business and institute measures for timely policy document delivery.
• Guiding, motivating, and training staff on operational processes.
• Continuous monitoring and evaluating the performance of each staff.
• Preparing weekly/ monthly operational management report for Life Business.
• Ensuring Annual returns to IRA are prepared within the stipulated period.
• Ensuring inquiries and correspondences are acted upon.
• In Liaison with the Managing Director’s office provide underwriting decisions and pricing as per authorized financial limits.
• Proactively manage departmental costs by operating within a set budget

Qualifications, Experience and Competencies

• A Bachelor’s degree in Insurance or related field.
• Professional qualification in Insurance (AIIK, ACII)
• Considerable knowledge of the life assurance industry.
• Over 5 years managerial experience in Life Assurance underwriting
• Reinsurance Training

To be received by Friday 4th March, 2022.