New Job Opportunity at UAP Insurance Tanzania – Underwriter
|
| UAP Old Mutual Group |
Jobs in Tanzania 2021: New Jobs Vacancies at UAP Old Mutual Group 2021
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:
Location: Dar es salaam
Your time is now to be your exceptional best at Old Mutual!
Job Description
1. Key outputs
The following key outputs are required from this role.
- Apply standard rates, calculate premiums, and underwrite new business, renewals, endorsements, and cancellations.
- Generations of renewal notices and follow up.
- Prepare premium invoices and collection.
- Works closely with BD marketing staff/agents, brokers to develop and maintain positive business partnerships
- Liaison with brokers/agents and direct clients to verify information, explain and interpret coverage.
- Ensure compliance with standards of service/Customer service charter in all underwriting operations.
- Perform any other duties as may be requested by Management.
Recommended:
Free
CV Writing and Download, Cover/Job Application Letters, Interview
Questions and It’s Best Answers plus Examples. Click Here!
The following detailed outputs are required from this role.
- 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
CHECK SCHOLARSHIPS OPPORTUNITIES TO STUDY ABROAD CLICK HERE!
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)
Skills and Experience 2 – 3 years experience in the Insurance industry.
Education BA: Insurance (Required)
Closing Date 05th March, 2021.
The post New Job Opportunity at UAP Insurance Tanzania – Underwriter appeared first on Ajira - Nafasi za kazi Tanzania 2019.
source http://ajira-nafasizakazitz.com/32954/
