Job Title: Underwriter
Location: Nairobi
Job Summary: Our rapidly growing company is currently seeking for
an experienced underwriter to join our team.
As an underwriter, you will be
in charge of evaluating and analyzing insurance applications as well as
determining the risk of granting coverage.
You will collaborate with
insurance agent and brokers to set the terms and conditions of insurance
policies that adhere to our companies’ criteria and standards.
Duties & Responsibilities
Analyze and evaluate insurance applications to
determine the risks of granting coverage.
Determine the terms and conditions of insurance
policies that meet the norms and requirements of our firms.
Work with agents and brokers that policies are
issued on time and efficiently.
Examine and analyze data and reports in order to
detect potential risks and make sound underwriting judgements.
Respond to enquiries and concerns from agents,
brokers, and policyholders with exceptional customer services.
Maintain accurate underwriting records and
documentation. Keep up with industry changes, laws and best practices.
Knowledge and Skills:
An underwriter should have a thorough awareness of
the insurance industry's underwriting standards, principles, and best
practices.
Knowledge of risk assessment, pricing, policy terms
and conditions, and regulatory requirements are all required.
Underwriters must be able to assess data and reports
in order to detect potential risks and make informed underwriting choices.
They should also be able to evaluate risks and
decide suitable price and coverage levels using critical thinking abilities.
Good communication and Interpersonal Skills
Time Management and Organizational skills
Attention to Detail
Understanding of Industry Trends and Developments
Educational Qualifications and Experience:
A bachelor's degree in business, finance, or a
related discipline is required.
5-6 years of experience as an insurance underwriter
Strong analytical and critical thinking capabilities
Excellent interpersonal and communication abilities
Proficiency in Microsoft Office applications and
other related software, as well as the ability to operate independently and in
a team context
Understanding of underwriting concepts, rules, and
practices
Understanding insurance policies and coverage
alternatives
We provide a competitive
compensation and benefits package, as well as possibilities for professional
development and progress.
Please submit your resume and
cover letter for consideration if you meet the qualifications and are
interested in this great job.
Interested candidates are
invited to strictly email their cover letter and CV, to
careers@hrmconnection.com before end of day 27th MAY 2023.
Only short-listed candidates
will be contacted.
