Assistant Underwriting Officer at Africa RE

Responsibilities

• The Assistant Underwriting Officers support underwriters in daily activities (processing) that provide services to customers.

Duties / Job Details
The duties of the Assistant Underwriting Officers shall comprise amongst others:

• Perform underwriting support activities associated with information gathering of all businesses, renewals, and mid-term changes on behalf of the Underwriter.
• Prepare renewal and new business quotations proposals to cedants and brokers
• Maintain Proper records of all businesses offers and transactions received and concluded
• Working directly with Underwriters to help manage and support their renewal and new business book
• Ensure that all the treaties/facultative contracts are processed and the cover notes / slips / wordings signed and sent out to cedants and brokers
• Attending to client enquiries, social and business functions and other related activities for overall marketing effectiveness
• Assisting the finance team in viewing the reconciliation of cedant and broker accounts and chasing outstanding amounts due from them while also ensuring timely remittance of amount due to them.
• Any other duties that may be required or assigned

Qualifications and Experience

• First University Degree in relevant field;
• 2 Years of relevant work experience in Underwriting or Claims fields in the Insurance and/or Reinsurance industry.
• Additional professional qualifications in insurance and working knowledge in French language shall be an added advantage.

Salary & Benefits
The successful candidate shall have the following benefits:

• Competitive Basic Salary on the Corporation’s Grade Level SS2
• Variable pay (Annual Performance Bonus)
• Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
• Children education subsidy for each child up to 26 years (maximum 4 children)
• Medical cover for staff and recognized dependents;
• Transport Allowance
• Housing Allowance
• Inflation Adjustment allowance that may increase or decrease depending on the economic situation and inflation.