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Underwriting Officer

A top Insurance firm in Nigeria, is currently recruiting suitably qualified candidates, to fill the position below:

Job Position: Underwriting Officer

Job Location: Lagos
Reports to: Team Lead


Job Objective

  • Meeting and surpassing customers’ needs with the aim of Maximizing the company’s profit margin.

Primary Interfaces

  • Internal: Serving the Retail Marketers, staff agents and online businesses interfacing with finance, claims, reinsurance team and survey team.
  • External: Interfacing with external agents and direct customers and tracking companies and superintending agents.

Main Responsibilities

  • Underwriting responsibilities as assigned by the Team lead e.g. opening file for new customers, key in details of customers into the system, rolling out policy documents and other relevant documents for approval by head of retail etc
  • Generation of renewal notices on monthly basis as instructed by the head of Unit represented. Must be generated seven weeks before due date and same must be sent out through CSU six weeks before due date. Relevant confirmations must be carried out before this exercise e.g. premium payment confirmation, profitability of the account i.e. loss ratio.
  • Renewal of accounts as at when due. This must be based on instructions received from customers with evidence of payments
  • Supplying of relevant documents to Finance for issuance of payment receipts
  • Appointment of trackers to track insured vehicles
  • Processing of payments for trackers and reconciliation of accounts
  • Renewals of trackers for maintenance of tracked vehicles
  • Any other assignment as the need arises

Job Requirements
Education:

  • B.Sc/HND
  • Associate member, CIIN

Experience:

  • Minimum of 2 years’ experience in underwriting
  • Basic experience - Products knowledge and customer relationship plus good communication skills
  • Learning on the job.
  • Ability to grasp things easily and align to the system
  • Special training by the department as well as the company

 Application Method
Interested and qualified candidates should send their applications to email stating the role applied for as the subject of the email.

Click here to Apply