Underwriting Associate at Britam

View Jobs at Britam

 Nakuru
Last Seen: 2nd April 2020

Company NameView Jobs at Britam

Required ExperienceNone

Education LevelBA/BSc/HND

Job TypeFull Time


Job description

Job Purpose

  • Assist in underwriting and risk assessment within the set standards of service to ensure quality and timely service.
  • Assess risks and make acceptable decisions after proper analysis of clients' data
  • Ensuring that systems and procedures covering underwriting operations are adhered to
  • Ensure high standards of customer service
  • Ensure timely and accurate processing of underwriting documents
  • Ensure proper, prompt and accurate premium processing, including check-offs, standing orders and cheques as well as maintenance of proper records of the same
  • Prompt preparation and submission of accurate premium reports
  • Liaising with the bank and check-off institutions to obtain details of unidentified payments within stipulated timelines
  • Suspense clearance within targets set by the Policy Administration Manager
  • Ensure prompt submission of payment instructions to various institutions and to Head Office e.g. salary deduction
  • Following up unpaid remittances with various local check-off institutions
  • Perform any other duties as may be assigned from time to time

Requirement

  • Bachelor’s degree (insurance option preferred)
  • At least one year experience in the insurance industry

Technical/ Functional competencies

  • Knowledge of insurance concepts
  • Knowledge of underwriting processes and procedures
  • Technical competence in underwriting insurance risks
  • Knowledge of insurance regulatory requirements

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