Junior Underwriter
1 month ago
Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.
Job Ref. No: JHIL106
Role Purpose
You will be responsible for assisting underwriters in assessing insurance risks, reviewing applications, and making underwriting decisions. This role involves learning and developing underwriting skills, analyzing data, and supporting the underwriting process to ensure accurate risk assessment and appropriate coverage.
Responsibilities
Operational
Application Review: Assist in reviewing insurance applications and supporting documents to gather necessary information for risk assessment.
Risk Analysis: Assist in analyzing applicant data, such as medical records, financial statements, and claims history, to assess risk levels.
Corporate Governance
Compliance: Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.
Documentation: Maintain accurate and organized records of underwriting decisions, correspondence, and related documents.
Leadership & Culture
Learning and Development: Continuously learn and develop underwriting knowledge and skills through training programs and mentorship.
Team Collaboration: Collaborate with senior underwriters, agents, brokers, and other team members to support the underwriting process.
Requirements
Key Competencies
Analytical Skills
Attention to Detail
Communication
Adaptability
Teamwork
Learning Agility
Qualifications
Bachelor’s degree in business administration, Finance, or a related field.
Insurance Professional qualification.
Relevant Experience
Minimum of 1 year of relevant working experience in an insurance firm
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