New Job Opportunity Mbeya Branch at UAP Insurance Tanzania – Underwriter
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| UAP Old Mutual Group |
Jobs in Tanzania 2020: New Jobs Vacancies at UAP Old Mutual Group 2020
UAP Insurance Tanzania is a member of the UAP Old Mutual Group
in East Africa, which is a subsidiary of Old Mutual Limited (OML). UAP
Insurance has been in operations in Tanzania since 2013 following the
acquisition of the majority stake in Century Insurance Company.
We
are proud of our contribution in the growth of the Insurance Industry
and our commitment is to enable our customers achieve their financial
goals through the provision of innovative insurance solutions.
UAP
Insurance Tanzania contributes to the communities that we operate in
through CSR activities in education, health and social welfare and
participates in industry initiatives aimed at improving financial
literacy and inclusiveness in the country.
The Company operates a
large footprint in the country with offices in all major cities and now
wishes to recruit a high caliber individual to fill the following senior
position below…
Recommended:
Underwriter (Mbeya Branch)
Mbeya
Your time is now to be your exceptional best at Old Mutual!
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Job Description
Job Description
Quotations and Risk Acceptances
- Ensure quotations allocated are done and approved by the Underwriting Manager and dispatched within the agreed turnaround time
- Accept
new motor and domestic package proposals which meets acceptable
underwriting standards subject to approval by the Senior Underwriter
within the delegated authority
Underwriting Process and Procedures
- Analyze and assess proposal forms and risk notes and confirm correctness within the acceptable underwriting standards
- Register and input all allocated new business in the system within the agreed turnaround time
- Prepare /Issue policies for all classes of insurance within the system within 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
Risk Management
- Analyze
and assess proposals and risk notes and report to the team leader on
the need to carry out surveys for small to medium size non-standard
risks - Communicate with the team leader on the client’s progress on
the implementation of surveyor’s recommendations in improving the status
of risks written
Policy Renewals
- Work on the allocated
renewal scrutiny listing 2 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 Senior Underwriter to ensure achievement of monthly retention ratio
of at least 90%
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 to direct customers who visit the office for inquiry and provide prompt attention and efficient service
Finance
- Enforce credit control and effect cancellation for policies not paid to ensure that premium is paid for risks accepted
- Ensure all monies collected are banked on daily basis
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2020 (1,319 POSTS)
Responsibilities
Skills and Experience 2-3 years work experience
Education
- Bachelors Degree (B): Insurance (Required)
Closing Date 29th December 2020.
The post New Job Opportunity Mbeya Branch at UAP Insurance Tanzania – Underwriter appeared first on Ajira - Nafasi za kazi Tanzania 2019.
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