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Job Title:   Senior Underwriter UIC Uganda

Organisation: UAP Old Mutual Insurance

Duty Station:  Kampala, Uganda

About the Company:

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.

Key Duties and Responsibilities:

• 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
• Determine acceptability of risks, recommend risk surveys, monitor and review terms of accounts assigned
• Supervise, train and mentor staff on technical matters to ensure their skills are sharpened
• Check and sign underwriting document to authenticate it
• Prepare and follow up renewal notices to ensure retention
• Requisition for premium refund to facilitate issue of cheque
• Establish that premiums are paid in respect of accounts managed
• Maintain effective business relationships to ensure effective delivery of service
• Monitor service standards within the section to ensure high quality customer service is delivered.
• Prepare documents – policies, endorsements, certificates within standards of service
• Renewal notices and renewal terms including renewal follow-up
• Review of performance of accounts to ensure overall loss ratio is kept below 70%
• Client/ intermediaries visits
• Maintain and account for accountable documents
• Sign documents within authority levels
• Liaise with claims and credit control to monitor account performance premium payment
• Market company products and service to clients and intermediaries
• Complete reinsurance cards for large risks
• Monitor the QOP standards are upheld in the department and report any issues to the quality council
• Carry out payment requisitions payments immediately when they are presented
• Establish that quotations, including those done by Assistant underwriters are competitive
• Preparation of quotations and follow-up
• Establish that all other users of EDMS are assisted anytime they have any problem regarding the system.

Qualifications, Skills and Experience:

Key Competencies

• Computer literate
• Good communication skills-
• Good assessment and analytical skills
• Ability to interact at all levels
• Knowledge of insurance market
• Application of re-insurance
• Leadership

Skills

• Accountability, Analytical Thinking, Anti Money Laundering Training, Communication, Counter Terrorist Financing, Customer Due Diligence (CDD), Customer Follow-Ups, Customer Service, Insurance, Leadership, Management Reporting, Money Laundering, Payment Handling, Price Management, Service Standards, Social Interaction, Underwriting

Education

• Advanced Certificate (AdvCert): Insurance (Required), Bachelors Degree (B) (Required), Diploma (Dip): Insurance (Required)

How to Apply:
All suitably qualified candidates are encouraged to submit your application and complete Curriculum Vitae by applying online through visiting Old Mutual’s e-recruitment jobs portal at the web link below.

Click Here

Deadline: 15th November 2024

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