Applications are invited from appropriately qualified candidates for the position of Underwriter in the Underwriting Department.
The position is open to both Internal and External candidates.
Position Summary: The successful candidate will be responsible for evaluating, pricing and prescribing the terms to apply on risk proposals so as to deliver the desired loss ratio and profitability.
To update underwriting information into the system and generate debits, endorsements and Policy documents.
Key Deliverables:
- Risk assessment in line with the set underwriting guidelines
- Issuance of certificates upon receipt of request from clients in line with the credit control policy
- Ensure all the premiums are correctly debited to reflect in the months production
- Following up and reporting on motor certificates declarations
- Prepare and process debit notes, cover notes and policy documents
- Process renewals and endorsements
- Reconciliation of underwriting issues
- Process and dispatch of renewal notices 2 months prior to policies’ expiry period
- Following up on motor valuation reports before issuance of annual cover
- Respond to customer and intermediaries’ enquiries through emails, phone calls, within the shortest turnaround time.
- Generate and share quotations with prospective clients in a quest to acquire more business
- Prepare and dispatch debit/ credit notes, account reconciliation statements
- Process and dispatch of AA membership cards to clients and intermediaries
- Cancellation of policies due to non-payment of premiums.
- Ensure proper filing of client information for easy retrieval of documentation when required
- Support the business development team in marketing and business acquisition.
- Prepare the Underwriting reports within the set timelines
- Recommending survey for properties
Requirements:
Applicant should have:
- Bachelor’s Degree in Business or in a related field
- Up to Two (2) years’ relevant work experience
- Professional Qualifications
- Progress towards CII or IIK (Required)
- Basic knowledge of regulatory requirements and processes by AKI and IRA
Skills and Attributes
- Excellent communication and presentation skills
- Problem solving skills
- Excellent interpersonal skills
- Good negotiation skills
- Good analytical skills
How to Apply:
If you are up to the challenge & fit the required profile, please apply highlighting your qualification, experience and career aspirations match the requirement for this position.
Application should be sent latest 12th August 2022 clearly indicating the position you are applying for on the Subject to: ke-vacancies@mua.co.ke.
Only short-listed candidates will be contacted.