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Fresher Assistant Underwriter Jobs – UAP Old Mutual Insurance
Job Title: Assistant Underwriter
Organisation: UAP Old Mutual Insurance
Duty Station: Kampala, Uganda
About Organisation:
The UAP Old Mutual Group is an integrated Financial Service business comprising Faulu Microfinance Bank, UAP and Old Mutual. The Group, which is operational in East Africa services to more than 1.2 million customers across Kenya, Uganda, Tanzania, Rwanda and South Sudan. The UAP Old Mutual Group now comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisitions resulted in Old Mutual Kenya UAP Holdings and Faulu Microfinance Bank, forming one of the largest financial services groups with a growing footprint in East and Central Africa. UAP and Old Mutual have been major players in the financial services market in East Africa for decades. The two entities have vast experience in Insurance, Investment, Asset Management and Banking, and are passionate about helping our customers achieve their financial goals.
Job Summary: The Assistant Underwriter will be responsible for Underwriting and processing medical files.
Key Duties and Responsibilities:
- Preparation and dispatch of accurate policy documents within 30 days
- Preparation of and dispatch of accurate renewals and other endorsements
- Facilitate preparation and dispatch photo cards within 14 days after confirmation of cover
- Preparation and dispatch of renewal invitation letters 6 weeks before renewal date
- Timely response to customer within service charter standards
- Apply standard rates, calculate premiums, and underwrite new business, renewals, endorsements, and cancellations.
- Generations of renewal letters and follow up.
- Prepare premium invoices and collection.
- Exceeded benefit debt collection and reporting
- Loading of benefits and membership maintenance.
- Works closely with field marketing staff/agents, brokers to develop and maintain positive business partnerships
- Liaison with brokers/agents and direct clients to verify information, explain and interpret coverage.
- Preparation of member guides and underwriting summaries.
- Generate utilization reports, member statements, and loss ratio trends.
- Ensure compliance with standards of service/Customer service charter in all underwriting operations.
- Perform any other duties as may be requested by Management.
Qualifications, Skills and Experience:
- The applicant must hold a Bachelor’s Degree (B) (Required)
- Required Skills: Business, Business Partnerships, Calculations, Cancellations, Customer Follow-Ups, Dispatching, Ensure Compliance, Facilitation, Management Reporting, Renewals, Standards Compliance, Translations, Underwriting
How to Apply:
All candidates should apply online at the link below.
Deadline: 5th June 2024
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