Senior Underwriter – UAP Insurance Tanzania, Deadline 18 March 2020 | TZ JOB CONNECTION : Tanzania Jobs Connection , Nafasi Za Kazi 2019, Ajira Mpya 2019, Mabumbe Jobs,

Senior Underwriter – UAP Insurance Tanzania
Advert Details
Recruiter: Old Mutual Kenya Updated on: 2020-03-09 00:00:00
Start Date: 2020-02-18 End Date: 2020-03-18
AA/EE: Not Applicable Contract Permanent
Location: Tanzania Available: ASAP
Category: Insurance Offer: Market Related

To Ensure that the company business is professionally written to an acceptable standard within the underwriting guidelines and arranged reinsurance program

Minimum Requirements
Qualifications:
 University degree
 Basic Insurance qualification
 Sales and Marketing Qualification

Experience:
• Minimum of 3 years

Job Specification
• Quotations and Risk Acceptances

Ensure quotations allocated are done and approved by the Underwriting Manager and dispatched within the agreed turnaround time
Accept all new agreed proposals which meets acceptable underwriting standards within the delegated authority
• Underwriting Process and Procedures
Analyze and assess proposal forms and risk notes and confirm correctness within the acceptable underwriting standards
Ensure all incoming business are captured in the system accurately and monitor backlog status and observe timely month end closing
Prepare /Issue policies and endorsements for all classes of insurance within the system at the agreed turnaround time
Process all endorsements within the agreed turnaround time
Respond to all correspondence within the agreed turnaround time
Ensure adherence to all the process, procedures and controls within the department
Ensure Reinsurance allocations are done properly as per treaty on every business before capturing into the system
Conduct trainings on various covers to team and intermediaries etc
• Risk Management
Analyze and assess proposals and risk notes and recommend on the need to carry out surveys for small to medium size non-standard risks
Communicate to the client’s progress on the implementation of surveyor’s recommendations in improving the status of risks written
Resolve internal control audit recommendations fully and ensure no issue automatically escalates
Monitor the quantity and quality of work done with ZERO error which may result in disputes with other departments.
• Policy Renewals
Work on the allocated renewal scrutiny listing 3 months prior to expiry of policy and dispatch renewal notices to producers/clients1 month prior to renewal date
Follow up allocated policies falling due for renewal and provide weekly report to Underwriting manager to ensure achievement of monthly retention ratio of at least 80%
Establish unrenewed list by 1st Week on the following month and make counter follow ups
• Reinsurance
Liaising with the Reinsurance Section regarding risks requiring facultative reinsurance placements.
• Filing
– Comply with the agreed filing and record keeping system
• Customer Service
Attend all customers enquiries and provide prompt attention and efficient service