Underwriting Analyst

1 month ago


Nairobi, Nairobi Area, Kenya Liberty Life Full time

ABOUT THE COMPANY

We are an internationally based organisation, with the top remuneration and support structure. Based in Nairobi and with branches in 18 African countries.

JOB SUMMARY

The role holder will be responsible for the effective processing of underwriting documents and verification of client data and assessment of the proposed risks within the set standards.QualificationsBachelor's degree in Insurance, Finance, Economics or other business related discipline Progress towards Diploma in Insurance (ACII or AIIK), (at least 3 papers or equivalent)Experience2 years' experience in the insurance or financial services industryCompetenciesUnderstanding of insurance operations and conceptsKnowledge of insurance productsKnowledge of underwriting processes and proceduresTechnical competence in underwriting insurance risksKnowledge of insurance regulatory requirementsDelivering results and meeting customer expectationsFollowing instructions and proceduresCoping with pressures and setbacksRelating and networkingAnalysingWorking with peopleApplying expertise and technologyLearning and researchingPresenting and communicating informationAdhering to principles and valuesAchieving personal work goals and objectives

RESPONSIBILITIES

Assess the proposed risk within set standards to accurately determine the risk the business is takingPolicy generation and motor certificate issuancePreparation of policy documentsPolicy endorsementsPolicy reconciliationPolicy renewalPolicy debitingPolicy cancellationsIssuance of cover notesIssuance of quotationsKeep detailed and accurate records of policies underwritten and decisions madeMaintain high standards of customer service by responding to client's enquiries (walk-in clients, telephone and emails) and efficiently address their issuesAssist clients in identifying our products (policies) that suit their needs in line with insurance principles.Liaise with intermediaries and direct clients on issues in relation to their policies to provide correct information to the clientApply the credit control policy and ensure that debit/ credit notes raised are raised in the correct month to facilitate collectionEnsure proper filing of client information both manual and electronic for easy retrieval of documentation when requiredEmbrace governance requirements with respect to KYC/AML/Data protection requirements per governing Acts.Record customer complaints with customer complaints champion in the department and offer solutions where necessary.

REQUIRED SKILLS

Risk analysis, Handling claims, Fraud risk assessment and management, Underwriting business, Documentation and record keeping

REQUIRED EDUCATION

Bachelor's degree



  • Nairobi, Nairobi Area, Kenya INKOMOKO Full time

    ABOUT THE COMPANYInkomoko supports entrepreneurs to grow their businesses in order to improve livelihoods, create jobs, and help communities thrive.Founded in 2012, Inkomoko has worked with more than 41,000 entrepreneurs across East Africa, including thousands of refugee entrepreneurs. Inkomoko provides a combination of training, consulting, access to...


  • Nairobi, Nairobi Area, Kenya Absa Group Ltd Full time

    JOB SUMMARYTo effectively support the in developing strategies throughout the credit cycle including prospect targeting and acquisition, exposure management, customer marketing, collections, and recovery. This also includes ensuring successful score card deployment, implementation, and performance tracking, building, and tracking test cases, Sampling...


  • Nairobi, Nairobi Area, Kenya Absa Bank Limited Full time

    Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.Job SummaryTo effectively support the in developing strategies throughout the credit cycle including prospect targeting and...


  • Nairobi, Nairobi Area, Kenya Madison Group Limited Full time

    Madison Group Limited is a locally owned financial services holding company that specializes in Insurance and wealth management services. The Group comprises of Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan Laws in...


  • Nairobi, Kenya INKOMOKO Full time

    ABOUT THE COMPANYInkomoko supports entrepreneurs to grow their businesses in order to improve livelihoods, create jobs, and help communities thrive. Founded in 2012, Inkomoko has worked with more than 41,000 entrepreneurs across East Africa, including thousands of refugee entrepreneurs. Inkomoko provides a combination of training, consulting, access to...


  • Nairobi, Kenya Bayes Full time

    Position Overview: We are seeking a dynamic and results-driven Sales Manager to lead our business and digital loans sales team. The Sales Manager will be responsible for driving business growth through the acquisition of new clients and the expansion of existing client relationships. The ideal candidate will possess a strong background in sales leadership,...


  • Nairobi, Kenya Absa Group Ltd Full time

    JOB SUMMARYTo effectively support the in developing strategies throughout the credit cycle including prospect targeting and acquisition, exposure management, customer marketing, collections, and recovery. This also includes ensuring successful score card deployment, implementation, and performance tracking, building, and tracking test cases, Sampling...


  • Nairobi, Kenya Madison Group Limited Full time

    Madison Group Limited is a locally owned financial services holding company that specializes in Insurance and wealth management services. The Group comprises of Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan Laws in...


  • Nairobi, Kenya Absa Bank Limited Full time

    Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Job Summary To effectively support the in developing strategies throughout the credit cycle including prospect targeting...