Underwriting Assistant – Group Life at CIC Insurance

PURPOSE:

The incumbent shall be responsible for analyzing and assessing the risk presented to the company through proposals submitted guided by the laid down underwriting guidelines.

PRIMARY RESPONSIBILITIES:

• Evaluate risks proposed and prescribe rates and terms commensurate with level of risk before acceptance as per Underwriting guidelines;
• Customers onboarding and registration in the system;
• Intermediaries onboarding and registration in the system;
• Ensure timely processing of renewal invitations;
• Prepare and process debits/credits endorsements for renewals and new business;
• Process renewal invitations guided by the claims experience;
• Monthly Premium Reconciliation;
• Process commission for agents and brokers;

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• Process and dispatch renewal notifications and endorsement on time;
• Prepare and issue Policy documents and Renewal Endorsements;
• Provide Group Life quotations to intermediaries and clients;
• Process premium refunds to customers;
• Respond and attend to customer enquiries;
• Prompt handling and response to customer enquiries once received;
• Processing of payments to Medical Service Providers;
• Any other duties as may be assigned from time to time.

Academic, Professional and Technical Competencies Required:

• Essential Knowledge/Skills and Experience Required:
• Up to (1) years’ relevant experience
• Good analytical skills
• Excellent communication and presentation skills
• Problem solving skills
• Excellent customer care skills
• Desirable knowledge/skills and Experience Required:
• Excellent interpersonal skills
• Computer literate in MS Office and other office applications
• Technical competence in insurance
• Basic knowledge of regulations by AKI and IRA