Assistant Underwriter – Bancassurance (Fixed Term) at Old Mutual Kenya

Job Description

To assess, price and determine terms for risks presented within set standards of service in a manner to ensure quality selection of risks and timely service.
Raise premium debits, credits in a timely manner within the TATs

PRINCIPAL ACCOUNTABILITIES.

Determine acceptability of risks, recommend risk surveys, monitor and review terms of accounts assigned
Raise premium debits and credits for work allocated within TAT
Capture insured, risk, and premium data correctly in the system
Prepare and follow up renewal notices to ensure retention.
Requisition for premium refund to facilitate issue of cheque
Ensure that premiums are paid in respect of accounts managed
Maintain effective business relationships to ensure effective delivery of service
Mountain service standards to ensure high-quality customer service is delivered.

KNOWLEDGE AND EXPERIENCE.
Qualifications:

1st Degree, Good progress on ACII or AIIK

Experience:
2 years

SKILLS AND COMPETENCIES.

Product Knowledge and functions of the various departments.

KEY RESULT AREAS & PERFORMANCE INDICATORS

Preparation of basic quotations and follow-up
Preparation of documents – policies, endorsements, certificates within standards of service
Renewal notices and renewal terms including renewal follow-up
Review of performance of accounts/Banks to ensure overall performance is at below 45%
Bank visits and relationship building
Maintenance and accounting for accountable documents
Liaise with claims and credit control to monitor account performance premium payment.
Marketing company products and service to banks
Completion of reinsurance cards for large risks
Ensure payment requisitions are processed immediately on request.
Ensure quotations, including those done are competitive and within the matrix
Do bancassurance reports and report in meetings as required