Underwriter at Custodian Investment Plc

Job Summary

• Responsible for ensuring quality underwriting and survey/inspection of risks, prompt and error-free documentation of policies to achieve superior customer service delivery.

Responsibilities

Underwriting Operations

• Conduct assessments of proposals / risks to ascertain whether special terms should be imposed.
• Attend to clients enquiries/requests and escalate critical issues to the Unit/ Confederal Head.
• Issue tailor-made policy document, renewal endorsement, debit/credit notes and certificates to major clients/brokers.
• Ensure renewal notices are sent out on time to clients/brokers and monitor all policies to ensure they are renewed.
• Follow up payment of premiums on business written.
• Process payments for commissions to co-insurers/lead underwriters, agents and brokers.
• Allocate policy numbers to new businesses.
• Review supporting documentation for claims to ensure genuineness of such.
• Open claims files. 
• Raise and follow up cheque requisitions for various payments – co insurers, commissions, claims, loss adjusters etc
• Carry out pre-loss physical inspection of the subject matter of insurance proposed for insurance cover and conduct on the spot inspections of motor accidents.
• Assist in computing additional/return premiums due as a result of alterations.
• Collate bid documents to be reviewed by the Unit head / team lead.
• Assist in collating, sorting and separating about-to-lapse files from those still in force to determine those needing notice.
• Post all relevant transactions on ABS, Papertrail.
• Market company`s products and services.

Others

• Prepares reports for submission to the Confederal Head.
• Any other duty that may be assigned by the Confederal Head.

Requirements

Knowledge/ Qualification

• Bachelor’s  degree from an accredited university.

Experience 

• 4 – 8 years of relevant experience.

Skills/Competencies

• Written and verbal communication skills
• Problem-solving skills

Benefits

• Healthcare coverage 
• Lunch provided on-site
• Employer pension contribution