Assistant Underwriting Officer at African Reinsurance

RESPONSIBILITIES

The Assistant Underwriting Officer supports Underwriters in daily activities (processing) that provide services to customers.

DUTIES / JOB DETAILS

The incumbent will carry out the following functions:

• 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 

COMPETENCIES AND ADDITIONAL REQUIREMENTS

• Good technical knowledge with regard to Insurance and Reinsurance underwriting, Retrocession, Claims as well as risk assessment.
• Strong interpersonal skills, detailed oriented and customer service focused
• Knowledge of Microsoft Office products such as Office 365, SharePoint, Teams
• Strong problem-solving skills
• Self-motivated
• Willingness to learn and to work long hours.
• Ability to work under pressure, without close supervision and within established timeframes.
• Ability to multitask and manage change.
• Excellent problem-solving skills (i.e., conceptual, and analytical thinking).
• High level of Integrity and proven sense of responsibility.
• Proficiency in use of Microsoft Office: Word, Excel, PowerPoint, and knowledge of integrated business-related software’s will be an added advantage.
• Outstanding interpersonal and communication skills; ability to communicate effectively with technical and non-technical audiences.
• Good team player with proven leadership and managerial experience.
• Works collaboratively with colleagues to achieve organizational goals; solicits input and is willing to learn from others.
• Establishes and maintains effective working relationships in a multicultural, multi-ethnic environment.
• Experience and knowledge in a Re/Insurance system will be an added value.

MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s Degree or Equivalent in Insurance/Actuarial Science or relevant field
• Minimum of 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.
• Relevant Working Exposure in a Multicultural Environment will be an added advantage.