Assistant Underwriter – Bancassurance

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

  • To assess, price and determine terms for risks presented within set standards of service in a manner to ensure quality selection of risks and timely service.
  • Raise premium debits, credits in a timely manner within the TATs

Principal Accountabilities.

  • Determine acceptability of risks, recommend risk surveys, monitor and review terms of accounts assigned
  • Raise premium debits and credits for work allocated within TAT
  • Capture insured, risk, and premium data correctly in the system
  • Prepare and follow up renewal notices to ensure retention.
  • Requisition for premium refund to facilitate issue of cheque
  • Ensure that premiums are paid in respect of accounts managed
  • Maintain effective business relationships to ensure effective delivery of service
  • Mountain service standards to ensure high quality customer service is delivered.

Knowledge And Experience.

Qualifications:

  • 1st Degree, Good progress on ACII or AIIK

Experience:

  • 2 years

Skills And Competencies.

  • Product Knowledge and functions of the various departments.

KEY RESULT AREAS & PERFORMANCE INDICATORS

  • Preparation of basic quotations and follow-up
  • Preparation of documents – policies, endorsements, certificates within standards of service
  • Renewal notices and renewal terms including renewal follow-up
  • Review of performance of accounts/Banks to ensure overall performance is at below 45%
  • Bank visits and relationship building
  • Maintenance and accounting for accountable documents
  • Liaise with claims and credit control to monitor account performance premium payment.
  • Marketing company products and service to banks
  • Completion of reinsurance cards for large risks
  • Ensure payment requisitions are processed immediately on request.
  • Ensure quotations, including those done are competitive and within the matrix
  • Do bancassurance reports and report in meetings as required

Skills

Education

Closing Date

18 September 2024

Subscribe to our socials and stay tuned to the latest jobs