We currently have an exciting career opportunity for Senior Medical Underwriter, Jubilee Life Insurance Limited. The position holder will report to the Operations Manager and will be based at Head Office in Nairobi.
The job holder will evaluate, price, and prescribe the terms to apply on risks proposed to deliver the desired loss ratio and profitability.
Evaluate risks proposed and prescribing loading rates and terms commensurate with the level of risk before acceptance.
Monitor/Audit underwriting processes. Reconcile errors and omissions in underwriting.
Authorize refunds, cancellations,and process payments to service providers.
Review renewals based on claims experience to retain quality businesses.
Insurance premium booking and processing of underwriting cases.
Prompt handling and response to customer enquiries once received.
Prepare periodic management reports.
Mentor, coach,and train junior underwriting staff to ensure all their work is as per underwriting guidelines.
Ownership & Commitment
Bachelor’s Degree in Insurance or any other business related field.
Minimum of six years’ relevant experience in a similar position.
The incumbent will be responsible for enforcing underwriting controls in the branch including on-barding, certificates, booking of business, documentation, Implementing underwriting guidelines, processes and procedures to ensure quality underwriting and business, ensuring profitability of the branch through quality control and on-boarding, ensuring quality documentation, timely turn around and maintaining excellent customer service and retention support.
The job holder will be responsible for meeting production targets, both new and renewal by generating new and maintaining business from all channels in all the regions.