Underwriter at Custodian Investment Plc

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
50064
Job Views
99

Job Description



Job Summary



  • Responsible for ensuring quality underwriting and survey/inspection of risks, prompt and error-free documentation of policies to achieve superior customer service delivery.


Responsibilities


Underwriting Operations



  • Conduct assessments of proposals / risks to ascertain whether special terms should be imposed.

  • Attend to clients enquiries/requests and escalate critical issues to the Unit/ Confederal Head.

  • Issue tailor-made policy document, renewal endorsement, debit/credit notes and certificates to major clients/brokers.

  • Ensure renewal notices are sent out on time to clients/brokers and monitor all policies to ensure they are renewed.

  • Follow up payment of premiums on business written.

  • Process payments for commissions to co-insurers/lead underwriters, agents and brokers.

  • Allocate policy numbers to new businesses.

  • Review supporting documentation for claims to ensure genuineness of such.

  • Open claims files. 

  • Raise and follow up cheque requisitions for various payments – co insurers, commissions, claims, loss adjusters etc

  • Carry out pre-loss physical inspection of the subject matter of insurance proposed for insurance cover and conduct on the spot inspections of motor accidents.

  • Assist in computing additional/return premiums due as a result of alterations.

  • Collate bid documents to be reviewed by the Unit head / team lead.

  • Assist in collating, sorting and separating about-to-lapse files from those still in force to determine those needing notice.

  • Post all relevant transactions on ABS, Papertrail.

  • Market companys products and services.


Others



  • Prepares reports for submission to the Confederal Head.

  • Any other duty that may be assigned by the Confederal Head.


Requirements


Knowledge/ Qualification



  • Bachelor’s  degree from an accredited university.


Experience 



  • 4 – 8 years of relevant experience.


Skills/Competencies



  • Written and verbal communication skills

  • Problem-solving skills


Benefits



  • Healthcare coverage 

  • Lunch provided on-site

  • Employer pension contribution


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