Full Time
Underwriting Assistant – Medical Risk at CIC Insurance
Comments 2

Job Summary

Bachelor’s Degree in Business or in a related field

  • Minimum Qualification:Bachelor
  • Experience Level:Entry level
  • Experience Length:1 year

Job Description/Requirements

PURPOSE:

  • To assess and prudently underwrite Medical Business in commercially sound terms and to ensure that all underwriting and documentation duties in the section operate effectively and efficiently.

PRIMARY RESPONSIBILITIES:

  • Accept or reject risk in line with the set underwriting guidelines;
  • Preparation of renewal notices;
  • To ensure proper and accurate debiting and crediting for both new business and renewals;
  • Review of New Business quotations from Medical Sales.
  • Prepare and process policy documents and renewal endorsements;
  • Preparation of Contracts for review by Underwriting Manager;
  • Medical Underwriting for all retail proposal forms;
  • Preparation of Quarterly schemes performance reports for timely interventions to correct adverse trends;
  • Review and approval of debits/credits before dispatch to the client;
  • Review of Reconciliation of underwriting issues processed by Underwriting Assistants;
  • Cancellation of policies due to non-payment of premiums.
  • Respond to customer and intermediaries’ enquiries;

Academic and Professional Requirements

Education    

  • Bachelor’s Degree in Business or in a related field
  • Background in Actuarial Science or Statistics will be an added advantage
  •  Computer literate in MS Office and other office applications  
  •  Progress towards CII or IIK   

Experience Required:

  • Relevant experience 1 year.
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