Fresh Graduate of Insurance or Actuarial Science at Work Place Centre Limited

The Workplace Centre Limited (TWPC) is a world-class skills development, ICT and HR Consulting Firm that adds significant value to its clients and society at large.

We are currently recruiting for one of our clients in the Insurance industry:

Start Date: March 2022

RESPONSIBILITIES:

• Studying various insurance proposals
• Preparing of policy document and policy schedule
• To monitor the clauses attached to any policies in order not to extend the company’s liability unnecessarily
• Preparing of motor and marine certificate
• To ensure strict compliance with the company’s procedure with regards to renewal of all existing policies
• Calculating possible risk and deciding how much individuals or organizations should pay for insurance (the premium).
• Deciding whether the risk should be shared with a re-insurer
• Co-operate with other units for the success of operational matters
• Negotiating terms with policyholders
• Specifying conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm.
• Decline an application if the proposed insurance cannot be underwritten as an acceptable rate or does not meet underwriting guidelines.
• Gather and assess background information, including reports and medical records from specialists where appropriate to effectively assess the risk involved
• Calculate possible risk and decide on the premium - how much individuals or organizations should pay for insurance
• Liaise with specialists, such as surveyors or doctors, for risk assessment, and develop good working relationships with brokers
• Ensure that premiums are competitive and that accounts remain profitable
• Keep detailed and accurate records of policies underwritten and decisions made.

REQUIREMENT:

• Bsc/HND Insurance, Actuarial science, Economics, Business Administration, or a related field
• Fresh Graduate
• CIIN is an added advantage
• Maximum age 27 years
• Able to work well within a team.
• Proficiency in MS Office tools.
• Solid analytical skills.
• Detail-oriented.
• Strong interpersonal skills.
• Outstanding analytical abilities