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Vacancy For Life Insurance Underwriter - Jobs/Vacancies - Nairaland

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Vacancy For Life Insurance Underwriter / Underwriter / Vacancy For The Role Of Underwriter (2) (3) (4)

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Vacancy For Life Insurance Underwriter by tolex29(f): 3:43pm On Aug 11, 2022
StreSERT Services Limited - We are recruiting on behalf of our client to fill the position below:

Job Title: Life Insurance Underwriter

Location: Ikeja

Job Summary:
The successful candidate will assist the rest of the team to identify business' needs and implement plans to actualize the organization’s goals

Duties/Responsibilities:
• Implement the process of analyzing/assessing risks, with a view to, offering competitive terms, while ensuring commensurate premium for the risk exposure
• Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.
• Ensure that all aspects of the required medical standard are adhered to in terms of underwriting policies bearing the cost implications in mind.
• Ensure implementation of reviewed medical underwriting standards. .
• Ensure the implementation of process improvements practices to promote increased quality of service to enable the underwriting team to meet and exceed expectations on process turnaround for new business transactions, renewal, endorsement transactions and inspection reviews.
• Implement reinsurance programs to meet standards of the company.
• Apply advised rates, policy terms, conditions, discounts, loadings and deductibles/excess and proffer risk management solutions and risk improvement measures where necessary.
• Deliver quality customer service by responding swiftly to queries and concerns from internal and external clients.
• Ensure that the required investigations and inspections are carried out by the team prior to underwriting.
• Ensuring compliance with various Service Levels Agreements (SLAs) by monitoring timely issuance and delivery of policy documents.
• Any other additional tasks that may be assigned as required by the business.

Education/Required Skills/Abilities:
• B.sc / HND in Insurance, Business Administration or any related social Sciences or Art discipline.
• An MSC or MBA would be an added advantage
• Professional Certification (ACIIN or ACII) would also be an added advantage
• Proficient in the use of Microsoft applications and spreadsheet, Particularly Word, Excel, PowerPoint, and Project and InfoPath
• Numerical accuracy and pay attention to details.
• Excellent inter-personal skills with ability to work unsupervised and as part of a team.
• Possess exceptional problem-solving skills i.e. analyse problems, find solutions and implementing them.
• Able to learn quickly and understand new techniques and ideas.
• Highly developed research and analytical skills with strategic thinking and planning.
• Minimum of 1 - 3 years’ Experience in insurance, broking, risk management and reinsurance or related field


Salary – N87, 000

Method of Application
Applicants who meet the requirements listed above should forward their CVs to ‘outsourcing@stresert.com’ using the Job title as subject of the mail.

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