Underwriter at Custodian Insurance

Job purpose

Ensure quality underwriting and survey/inspection of risks, prompt and error-free documentation of policies to achieve superior customer service delivery

Duties & Responsibilities

• Issue policy documents and renewal endorsement to clients / brokers
• Issue and forward renewal notices to clients/brokers
• Carry out pre-loss physical inspection of the subject matter of insurance proposed for insurance cover and conduct on the spot inspections of motor accidents
• Attend to clients enquiries/requests and escalate critical issues to the Unit/ Confederal Head
• Prepare policy documents for new businesses and pass to line manager for review and approval
• Draft letters to clients for review and approval by line manager
• Raise and follow up cheque requisitions for various payments – co insurers, commissions, claims, loss adjusters etc
• Provide input into preparation of various reports weekly, monthly and adhoc reports
• Allocate policy numbers to new businesses
• Assist in computing additional/return premiums due as a result of alterations
• Collate bid documents to be reviewed by the Unit head / team lead
• Assist in collating, sorting and separating about-to-lapse files from those still in force to determine those needing notice
• Market company`s products and services

Knowledge/ Qualification

• First degree (Minimum of Second Class Lower degree)
• Qualified insurer (ACII)
• 3 – 5 years’ experience in underwriting and claims management

Skills/Competencies

• Excellent knowledge NAICOM guidelines and methodologies for achieving compliance
• Demonstrable understanding of the underwriting concepts, practices, and procedures
• Strong analytical and quantitative skills
• Excellent negotiation and interpersonal skills
• Proficiency in the use of Microsoft Office applications
• Proficiency in the use of Microsoft Office applications.