Head, Technical Underwriting Job at CHI Microinsurance Limited

CHI Microinsurance Limited is a new Micro Life Assurance company, a subsidiary of Consolidated Hallmark Insurance Plc.

We are recruiting to fill the position below:

Job Position: Head, Technical Underwriting

Job Location: Nigeria

Job Responsibilities

  • Maintain current and accurate documentation of all business underwritten.
  • Allocate policy numbers to new business and distribute proposal form to clients.
  • Receive renewal instruction/advice on existing policies from clients/brokers to effect renewal of policies.
  • Prepare policy document for all businesses.
  • Issue renewal certificate.
  • Collate, sort and separate about-to-lapse files from those still in force to determine those needing renewal notice.
  • Verify the currency and accuracy of information in underwriting files requiring renewal notice.
  • Generate renewal notice through the computer and dispatch to clients.
  • Compute additional/return premium due for alteration.
  • Receive discharge voucher from claims unit and effect necessary alteration on policy.
  • Update all transactions on the computer.
  • Write reminder letter for policies not renewed after about a month.
  • Supervise activities of team members to ensure timely and efficient service delivery.
  • Ensure that the teams within the unit have adequate allocation of human and physical resources to enable them meet defined objectives.
  • Recommends for settlement/ repudiation of claims and advice as appropriate.
  • Provide advice to the Underwriting Units on policy wordings, terms and conditions.
  • Prepare and present the unit’s budget to the MD, CHI Micro for approval.
  • Ensure that subordinates are given on-the-job and outside training to equip them to perform efficiently and effectively.
  • Submit periodic reports on the unit’s operations to MD, CHI Micro and recommend corrective actions where there are deviations from plan.

Requirements

  • Qualification: BSc/HND, ACII/AIIN
  • Experience: 3-5 Years in Life Underwriting
  • Age: 25 – 40years

Skills Requirements
Core Skill:

  • Legal and regulatory framework of insurance business
  • Strategic management
  • General Insurance principles and practice
  • Underwriting Management
  • Claims Processing
  • Risks improvement and control
  • IT applications in insurance business
  • Statistical Analysis
  • Special risks underwriting

Generic Skills:

  • Organisation Context
  • Environmental Awareness
  • Leadership
  • Communication
  • Analytical skills
  • Learning Orientation
  • Interpersonal Skills:
  • Performance Management

Method of Application
Interested and qualified candidates should send their CV to: hr@chiplc.com using the Job Title as subject of the email