Job Description
- Application Deadline: Tue, 15 Aug 2023 00:00:00 GMT
- Position: Assistant Underwriting Officer
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience 2 years
- Location Lagos
- Job Field Insurance 
RESPONSIBILITIES
The Assistant Underwriting Officer supports Underwriters in daily activities (processing) that provide services to customers.
DUTIES / JOB DETAILS
The incumbent will carry out the following functions:
- Perform underwriting support activities associated with information gathering of all businesses, renewals, and mid-term changes on behalf of the Underwriter.
- Prepare renewal and new business quotations proposals to cedants and brokers
- Maintain Proper records of all businesses offers and transactions received and concluded
- Working directly with Underwriters to help manage and support their renewal and new business book.
- Ensure that all the treaties/facultative contracts are processed and the cover notes/slips/wordings signed and sent out to cedants and brokers.
- Attending to client enquiries, social and business functions and other related activities for overall marketing effectiveness.
- Assisting the finance team in viewing the reconciliation of cedant and broker accounts and chasing outstanding amounts due from them while also ensuring timely remittance of amount due to them.
- Any other duties that may be required or assigned
COMPETENCIES AND ADDITIONAL REQUIREMENTS
- Good technical knowledge with regard to Insurance and Reinsurance underwriting, Retrocession, Claims as well as risk assessment.
- Strong interpersonal skills, detailed oriented and customer service focused
- Knowledge of Microsoft Office products such as Office 365, SharePoint, Teams
- Strong problem-solving skills
- Self-motivated
- Willingness to learn and to work long hours.
- Ability to work under pressure, without close supervision and within established timeframes.
- Ability to multitask and manage change.
- Excellent problem-solving skills (i.e., conceptual, and analytical thinking).
- High level of Integrity and proven sense of responsibility.
- Proficiency in use of Microsoft Office: Word, Excel, PowerPoint, and knowledge of integrated business-related software’s will be an added advantage.
- Outstanding interpersonal and communication skills; ability to communicate effectively with technical and non-technical audiences.
- Good team player with proven leadership and managerial experience.
- Works collaboratively with colleagues to achieve organizational goals; solicits input and is willing to learn from others.
- Establishes and maintains effective working relationships in a multicultural, multi-ethnic environment.
- Experience and knowledge in a Re/Insurance system will be an added value.
MINIMUM QUALIFICATIONS AND EXPERIENCE:
- Bachelor’s Degree or Equivalent in Insurance/Actuarial Science or relevant field
- Minimum of 2 Years of relevant work experience in Underwriting or Claims fields in the Insurance and/or Reinsurance industry.
- Additional professional qualifications in insurance and working knowledge in French language shall be an added advantage.
- Relevant Working Exposure in a Multicultural Environment will be an added advantage.