Tausi Assurance Underwriter Job Vacancy in Kenya

Tausi Assurance Company Ltd

Position Title: Underwriter

Ref: TAS/HR/MM/ADV/3749/2022

Job Summary: The jobholder is responsible for evaluating applicants for insurance, analyzing their risk profile and calculating the cost implications / premiums.

Essential functions

  • Ensure that systems, processes, procedures, policies and standards applicable to underwriting and
    risk management are adhered to.
  • Compute competitive quote in line with underwriting philosophy and discuss with your
    supervisor before releasing the quote to the client.
  • Examining and scrutinizing insurance proposals forms & risk notes before issuing the policy
  • Liaising with insurance brokers and agents in case the proposal form & risk notes are faulty.
  • Ensured policy documents are issued within the set turnaround time and communicate with
    intermediaries on confirmation of receipt of policy documents and any other related documents.
  • Preparing renewal invitation- Renewal notices & Schedules two month to policy expiry.
  • Discuss with supervisor on loss making accounts before sending the renewal invites for guidance.
  • Follow up on renewal instructions to ensure 100% renewal retention and obtain reasons for
    cancelation or policy lapsation in case of lost business.
  • Ensure new and lost businesses are updated in our daily report.
  • Issue cover note for businesses held on cover pending the intermediary risk notes/proposal
  • Conducting the in house surveys within 30 days for risks allocated to you and follow up on
    implementation of risk improvement measures.
  • Dealing with correspondences in accordance with the mail handling procedures on issues of
  • Visiting intermediaries and accompanying them when visiting potential clients (on request).
  • Receiving phone calls from clients and attend
  • Keeping detailed and accurate records of policies underwritten and decision made
  • Prepare monthly reports as guided by the supervisor.
  • Over all compliance with risk management framework and company policies

Perform any other duties assigned by the supervisor.

Skills and Competences

  • Bachelors’ degree in a business related field
  • Diploma ACII/AIIK will be an added advantage
  • At least two years working experience in the insurance industry
  • Computer literate

Personal Attributes

  • Good communication (written and verbal) skills, including well developed presentation skills.
  • Strong analytical skills
  • Report and minutes writing skills
  • People management
  • IT skills

How to Apply

Application letters and copy of current CV in one document with names of and addresses of three referees should be sent by email to hr@tausiassurance.com so as to reach us on or before 19th September 2022.

Only shortlisted candidates will be contacted.