Technical Underwriting (Fresh Graduate) at Work Place Centre Limited

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