Underwriting Officer at Fosad Consulting

Our client, a non-banking financial institution is looking to recruit a smart individual as an Underwriting Officer who will amongst other things will work with Product development team to develop new products in order to increase income growth for the company.

The Underwriting Officer will act as the following:

Compliance Strategist

• Acting as liaison between the company and NIA, NAICOM and other regulatory authorities
• Ensure timely and correct data entries into our software application 
• Continuous knowledge sharing and on the job training for subordinates to ensure better understanding the products and quality service to internal and external customers 
• Minimise complaints by internal and external customers and chart a way for complaint management. 
• Policy reviews and product review with the aim to drive volume and pay lesser claims.
• Work with Product development team to develop new products in order to increase income growth for the company

Human Management Strategist

• Develop user procedural manual, guidelines and documentation. 
• Continuous training of staff on new processes and functionality. Training of new employees on the use of the software application.
• On the job training and mentoring of subordinates
• Recommending staff for relevant trainings to enhance productivity

Primary Role

• Distribution of all underwriting mails from CSU&F to relevant teams for timely execution and administration.
• Oversee all the placement slips/quotes both physical and online
• Training and retraining of employees in the various teams on relevant products.
• Monitoring the compliance of various SLA in the teams.
• Compliance with NAICOM guidelines and to enforce strict adherence 
• Follow up on Reporting Manager to ensure monthly or quarterly returns are submitted as at when due.
• Holding regular monthly meetings with the teams at head-office.
• Render assistance to underwriting teams at branches when required
• Monitor all insertions to the software and ensure compliance with company’s policies and standard
• Setting standards in the operation teams and maintaining it.
• Interfacing between the underwriting teams and other teams
• Presentation of company’s monthly performance report in a required format as may be set by the management
• Ability to foster fruitful relationship between brokers and the company