Assistant Underwriter – Bancassurance (Fixed Term)

Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

• To assess, price and determine terms for risks presented within set standards of service in a manner to ensure quality selection of risks and timely service.
• Raise premium debits, credits in a timely manner within the TATs

PRINCIPAL ACCOUNTABILITIES.

• Determine acceptability of risks, recommend risk surveys, monitor and review terms of accounts assigned
• Raise premium debits and credits for work allocated within TAT  
• Capture insured, risk, and premium data correctly in the system
• Prepare and follow up renewal notices to ensure retention.
• Requisition for premium refund to facilitate issue of cheque
• Ensure that premiums are paid in respect of accounts managed
• Maintain effective business relationships to ensure effective delivery of service
• Mountain service standards to ensure high quality customer service is delivered.

KNOWLEDGE AND EXPERIENCE.

Qualifications:

• 1st Degree, Good progress on ACII or AIIK

Experience:

• 2 years

SKILLS AND COMPETENCIES.

• Product Knowledge and functions of the various departments.

KEY RESULT AREAS & PERFORMANCE INDICATORS

• Preparation of basic quotations and follow-up

• Preparation of documents – policies, endorsements, certificates within standards of service

• Renewal notices and renewal terms including renewal follow-up

• Review of performance of accounts/Banks to ensure overall performance is at below 45%

• Bank visits and relationship building

• Maintenance and accounting for accountable documents

• Liaise with claims and credit control to monitor account performance premium payment.

• Marketing company products and service to banks

• Completion of reinsurance cards for large risks

• Ensure payment requisitions are processed immediately on request.

• Ensure quotations, including those done are competitive and within the matrix
• Do bancassurance reports and report in meetings as required

Skills

Education

Closing Date

18 September 2024

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