The Ugandan Jobline

Job Title:   Underwriter (2 Job Vacancies)

Organisation: Britam

Duty Station:  Kampala, Uganda

About US:

Britam is a leading diversified financial services group, listed on the Nairobi Securities Exchange. The group has interests across the East African region and offers a wide range of financial products and services in Insurance, Asset Management, Banking and Property. The product range includes life, health and general insurance, pensions, unit trusts, investment planning, wealth management, off-shore investments, retirement planning, discretionary portfolio management, property development and private equity.

Job Summary:  The Underwriter will be responsible for assessing risks in accordance with laid down underwriting procedures in the company and ensure effective and efficient service delivery to customers.

Key Duties and Responsibilities:

• Review all applications for insurance –determine the profiles of risks presented to the company for insurance and assess their acceptability or otherwise.
• Ensure all related activities to underwriting are properly coordinated and enforced.
• Prepare certificates and cover notes where necessary.
• Preparing policy documents, debit & credit notes & endorsements and authorizing them within authority limits.
• Ensuring premiums are settled as per company policy.
• Assess the loss ratios and ensuring that only quality business is considered for renewal.
• Reviewing renewal terms, ensure timely sending out of renewal notices and following up renewals to ensure high retention rate.
• Maintain high standard level of customer service – responding to general underwriting enquiries (walk-in clients, telephone and emails)
• Liaise with intermediaries and direct clients on issues relating to their policies
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.
• Perform any other duties as may be assigned from time to time

Key Performance Measures

• Loss ratio
• Renewal/retention ratio
• Customer satisfaction index
• Operational losses
• Turnaround Time
• Accuracy of documents
• Number of staff achieving targets

Qualifications, Skills and Experience:

• The ideal candidate must hold a Bachelor’s degree in Business Related field
• Professional qualification in Insurance (Certificate CII).
• Two to four years’ experience in the insurance industry.
• Experience in customer, market and competitor understanding.
• Knowledge of Insurance regulatory requirements.
• Knowledge of Britam products.

How to Apply:

All candidates should apply online at the link below.

Click Here

Deadline: 15^th February 2022

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