Underwriting Specialist job at Heritage Insurance
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20 Days Ago
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Vacancy title:
Underwriting Specialist

[ Type: FULL TIME , Industry: Human Services , Category: Finance, Insurance & Real Estate ]

Jobs at:

Heritage Insurance

Deadline of this Job:
22 July 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Tuesday, July 19, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
Key Responsibilities
• Review insurance applications presented to the company to determine their acceptability or otherwise in line with the company underwriting and reinsurance treaty guidelines
• Carry out related activities to underwriting and ensure proper coordination and enforcement to ensure smooth processes are carried out for client satisfaction
• Underwrite and process work in accordance with the delegated authority
• Ensure policies and endorsements are processed and dispatched in a timely manner
• Ensure accuracy and clarity of policy documentation issued to customers
• COMESA cards and cover notes to customers upon request
• Carry out the implementation of the credit control policy and ensure that premiums are debited and collected as required
• Conduct performance review at renewal invitation for both retail and corporate customers
• Ensure that timelines for communication of renewal terms for both retail and corporate customers are followed
• Maintain high level of standards of customer service by responding to general underwriting enquiries (walk-in clients, telephone and emails)
• Liaise with intermediaries and direct clients on issues relating to their policies to ensure prompt customer service
• Participate in all departmental meetings and contribute for betterment of the department and company are not lost
• Ensure all statutory and regulatory requirements are met in a timely manner
• Ensure all external service providers deliver the required services as per the agreed contract and SLAs

• Bachelor’s degree in Insurance, Finance, Economics, or other business-related discipline
• Diploma in Insurance (ACII or AIIK

Experience
At least 5 years’ experience in the insurance industry in a busy underwriting function

Competencies
• At least 5 years’ experience in the insurance industry in a busy underwriting function
• In depth understanding of insurance operations and concepts
• Knowledge of insurance products
• Knowledge of underwriting processes and procedures
• Technical competence in underwriting insurance risks
• Knowledge of insurance regulatory requirements
• Ability to deliver results and meet customer expectations
• Excellent organizational and analytical skills
• Excellent organizational and stakeholder management skills

Work Hours: 8


Experience in Months: 60

Level of Education:
Postgraduate Degree

Job application procedure
• If you meet the above requirements, you are encouraged to forward your application and updated CV to vacancies@heritage.co.ke  by 22nd July 2022. Clearly state the job title on the subject heading.

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 22 July 2022
Duty Station: Nairobi
Posted: 19-07-2022
No of Jobs: 1
Start Publishing: 19-07-2022
Stop Publishing (Put date of 2030): 19-07-2065
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