Underwriting Intern supports risk evaluation, reviews proposal forms, processes policy documents, and updates records, requires a Degree in Insurance, Actuarial Science, or Business.
Job Purpose:
To
provide supervised operational and administrative support to the underwriting
team by assisting with the review of proposal forms, verification of client
documentation, data capture, policy documentation, and routine follow-up
activities while gaining practical exposure to underwriting processes and
standards.
Key Responsibilities:
- Assist
in reviewing proposal forms and client documentation for completeness,
accuracy, KYC requirements, and adherence to underwriting guidelines
before escalation to senior underwriters.
- Support
data capture, booking of approved retail policies, and issuance of motor
certificates in line with approved procedures and supervision.
- Verify
and organize underwriting records, including proposal forms, policy
schedules, endorsements, valuation reports, and related documents in the
document management system.
- Prepare
routine policy documents, endorsements, renewal notices, and customer
correspondence for review and approval by the supervising underwriter.
- Assist
in tracking referred risks, pending renewals, endorsements, and
outstanding requirements to support timely turnaround and service
delivery.
- Respond
to routine customer, branch, and intermediary queries under guidance,
escalating technical or complex matters to senior underwriters.
- Support
preparation and dispatch of debit notes, credit notes, and related
communication in line with credit control procedures.
- Compile
basic underwriting data and reports to assist senior underwriters in risk
review, workflow monitoring, and automation process improvement
activities.
- Observe
delegated authority limits and ensure all underwriting decisions,
approvals, and exceptions are referred to the appropriate authorized
officers.
- Perform
any other learning and operational support duties assigned by the
supervisor within the scope of the internship role.
Knowledge,
experience and qualifications required
- Bachelor’s
degree (insurance option preferred)
- No
experience required but foundational knowledge of insurance processes and
procedures will be an added advantage
- Computer
literate
Technical/ Functional competencies:
- Knowledge
of insurance regulatory requirements
- Knowledge
of insurance products
- Sales
and marketing management skills
- Diplomatic
in handling client relationship
