Underwriter / Sales Officer at Alfred & Victoria Associates

Key Responsibilities
Underwriting Responsibilities:
Risk Assessment:

• Evaluate insurance proposals by analyzing data and assessing potential risks.
• Approve or reject insurance applications based on underwriting policies.
• Draft policy terms, conditions, and exclusions in line with company guidelines.

Policy Issuance:

• Ensure the timely issuance of policy documents and endorsements.
• Review and update existing policies based on changes in client needs or risk exposure.

Compliance:

• Ensure underwriting practices comply with regulatory standards.
• Maintain detailed and accurate records of all underwriting decisions.

Collaboration:

• Work closely with sales teams to provide underwriting support on client proposals.
• Provide guidance on risk-related matters to clients and brokers.

Sales Responsibilities:
Business Development:

• Identify and pursue sales opportunities through cold calling, networking, and referrals.
• Develop and implement sales strategies to meet individual and team targets.
• Present tailored insurance solutions to clients based on their specific needs.

Client Relationship Management:

• Build and nurture long-term client relationships to ensure customer retention.
• Provide exceptional post-sales service, including handling client inquiries and resolvingcomplaints.

Market Analysis:

• Stay informed on industry trends, market conditions, and competitor activities.
• Provide insights to management on emerging market opportunities and client demands.

Reporting and Documentation

• Maintain up-to-date records of sales activities and client interactions in the CRM system.
• Prepare and submit regular reports on sales performance and underwriting outcomes.

Key Requirements

• Bachelor’s Degree in Insurance, Marketing, Business Administration, or a related field.
• Minimum of 2-3 years of experience in underwriting and sales within an insurance brokerage.
• Strong analytical, negotiation, and decision-making skills.
• Excellent interpersonal and communication skills.
• Ability to work independently and as part of a cross-functional team.
• Proficiency in Microsoft Office Suite and CRM software.
• Certification in insurance (e.g., CIIN) or sales is an added advantage.

Working Conditions

• The role requires frequent interaction with clients, brokers, and the internal underwriting and sales teams.
• The candidate may be required to travel locally for client meetings and sales presentations