Job Title: Senior Underwriter UIC Uganda Organisation: UAP Old Mutual Insurance…
Team Leader Underwriting – Agency UIC Jobs – UAP Old Mutual Insurance
Job Title: Team Leader Underwriting – Agency UIC
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
- Establish new and existing risks to ensure they are adequately rated and commensurate terms and conditions advised and endorsed with a view to ensuring that the GI portfolio remains viable and profitable.
- Supervise the underwriting team to meet QOP and ensure customer service charter terms are met.
- Monitor that all underwriting procedures are adhered to and monitoring systems to ensure compliance.
- Maintain a smooth flow of information between underwriting and claims, and agents, for use in underwriting
- Determine acceptability of risks, monitor and review terms of accounts assigned
- Supervise, train and mentor staff on technical matters to ensure their skills are sharpened
- Ensure timely and accurate debiting of premium and endorsement of cover conditions
- Supervise preparation of renewal notices, timely dispatch and follow up
- Prepare underwriting reports and statistics for management review.
- Review risk assessment and rating systems and procedures and make recommendations for improvement.
- Continually monitor clients claims experience/ benefit utilization and recommend underwriting action
- Check and sign underwriting document to authenticate it
- Maintain effective business relationships to ensure effective delivery of service
- Monitor service standards within the section to ensure high quality customer service is delivered.
- Assist in marketing company products and services to intermediaries and potential clients
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Qualifications, Skills and Experience:
Skills
- Analytical Thinking, Anti Money Laundering Training, Counter Terrorist Financing, Customer Due Diligence (CDD), Customer Service, Ensure Compliance, Insurance, Insurance Claims, Management Reporting, Marketing, Money Laundering, Service Standards, Supervision, Underwriting
Education
- Advanced Diploma In Insurance Management: Insurance (Required), Bachelors Degree (B) (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.
Deadline: 15th November 2024
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