Underwriting Executive- Lusaka at GAIZ

Underwriting Executive- Lusaka

Responsible for the assessment and acceptance of insurance risks in accordance with laid down underwriting procedures in the company and to ensure effective and efficient service delivery to customers.

Main Responsibilities

a) Build and maintain business relationships and develop new opportunities in support of the companies objectives

b) Drafting policy documents and processing policy endorsements.

c) Issuing renewal documents and endorsements.

d) Processing debits and credits of all business booked within the month.

e) Provide an efficient and effective service to clients through maintenance of healthy and efficient communication by responding promptly to their enquiries.

f) Maintain all necessary records and laid down processes to ensure that premiums are paid promptly in line with approved credit policy.

g) Check and verifying proposal forms, risk notes and placing slips assessing risk quality to ensure that risks undertaken and assumptions made in the premium calculations conform to the companies underwriting policy guidelines.

h) Ensure competitive quotations and follow-up for closing instructions are prepared in good time.

i) Work In conjunction with reinsurance department, ensure compliance with reinsurance terms, conditions and exclusions.

j) Prepare policy documents for clients and ensure that they are aware of their responsibilities in the contract.

k) Maintain all necessary records and processes to ensure that premiums are paid promptly and that claims are efficiently processed in line with the company’s turn-around times and processes,

l) Agree contract terms with prospect in accordance with company guidelines and policy guidelines.

Job Requirements and Technical Skills

a) Bachelor’s degree in any business-related field.

b) Progress in professional insurance qualifications

c) At least 2 years insurance brokerage experience.

d) In-depth understanding of underwriting process and procedures

e) Superior Communication skills both written and oral;

f) Analytical skills

g) Excellent customer service.

Method of Application