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  • Posted: Jun 21, 2024
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    We provide opportunities 10x passive income to our partners to bring an online platform selling insurance policies easily. We have a partnership with a great performance underwriter and provide the best rate from them. You can easily expand your portfolio and cross-sell by using Incourage. Considering the limited knowledge and accessibility of insurance in Africa, we believe that a combination of digital underwriting and the human touch offered by Incourage agents can increase insurance adoption in Africa.
    Read more about this company


    Underwriting Assistant

    About the Underwriting Role

    • As an Underwriter at Incourage, you will play a crucial role in supporting the underwriting team in assessing and processing insurance applications. This position requires a keen eye for detail, excellent organizational skills, and a strong understanding of underwriting principles.
    • The successful candidate will be required to start ASAP.

    Duties and Responsibilities

    • Handle the DMVIC platform to issue the motor insurance stickers immediately.
    • Handle Comprehensive, TPO and TOR requests within TAT everyday from Monday to Saturday.
    • Back up the client data correctly and ensure we receive correct KYC details.
    • Use internal communication channels according to Incourage guidelines and company policy.
    • Master how to use the internal CRM.
    • Fill all the information in respective CRM correctly and fully.
    • Preparing renewal notices and follow up till closure.
    • Collaborate with the accounting team on how customers pay to us and how to apply credit facilities when needed.
    • Conduct thorough and timely valuation follow-ups to ensure accurate and up-to-date information is obtained for underwriting assessments.
    • Navigate and utilize the internal dashboard system to process and submit approval applications efficiently.
    • Support the BD team so they can focus on bringing new customers to Incourage.
    • Carry out declarations to underwriters with the correct customer information on time.
    • Correspond with applicants via phone, email and in person to collect and analyze insurance information that facilitates the risk assessment process and provide underwriting support.
    • Screen renewals and refer problem accounts to Underwriters.
    • Compile data and analytics for reports that can advise insurance policy guidelines and whether coverage should be provided.
    • Serve as the liaison for underwriters and customers in order to track, manage, and prioritize insurance applications and other services.
    • Keeping records of all complaints and concerns from the clients and agents for follow up and action.
    • Any other duty that may be allocated by management from time to time.

    Requirements for the role

    • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Business Administration or a related field.
    • Professional qualification in Insurance or demonstrate significant progress towards its attainment.
    • Relevant experience working in the insurance industry in a similar role.
    • Sound knowledge of insurance, regulatory requirements and processes.
    • Strong attention to detail to ensure the accurate collection of information and entry into databases.
    • Stellar communication and interpersonal skills.
    • Knowledge in Claims is an added advantage.

    What We Offer

    • To execute our exciting and impactful goals, we’re committed to working with the best and brightest people in our Industry. In return, we offer
    • A competitive compensation package
    • Health Insurance for you and legal dependents
    • Wellness days
    • Accelerated career growth opportunities driven by fast company growth
    • Collaboration and knowledge sharing with an exceptional team

    go to method of application »

    Underwriting Intern


    • 3 months 

    What you will do:

    • Engage in a comprehensive training program to understand the fundamentals of insurance underwriting.
    • Participate in workshops, mentorship sessions, and on-the-job training to build technical and industry-specific skills.
    • Assist in the analysis of insurance policies to understand coverage, terms, and conditions.
    • Learn how to assess risks associated with different insurance products.
    • Gain proficiency in using data analysis tools to evaluate and interpret underwriting data.
    • Assist in conducting research to support underwriting decisions.
    • Learn how to accurately maintain underwriting records and documentation.
    • Assist in organizing and managing underwriting files.
    • Shadow and learn effective communication with various stakeholders, including clients, brokers, and internal teams.
    • Develop written communication skills for creating underwriting reports and correspondence.
    • Work closely with the underwriting team to understand the collaborative nature of underwriting within the broader context of the insurance industry.
    • Participate in team meetings and contribute to discussions.

    Requirements for the role

    • Pursuing a Bachelor’s degree in Finance, Business, Risk Management, or a related field.
    • Strong interest in the insurance industry and a desire to pursue a career in underwriting.
    • Excellent analytical and problem-solving skills.
    • Effective communication skills, both verbal and written.
    • Detail-oriented with a high level of accuracy.
    • Ability to work collaboratively in a team environment.
    • Proficient in Microsoft Office Suite and Google Workspace.

    Method of Application

    Use the link(s) below to apply on company website.


    Interested and qualified? Go to Incourage on to apply

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