Under-Writing Officer at PalmPay

Job Overview

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

Additional Details

Job ID
70921
Job Views
115

Job Description



Responsibilities:



  • Analyze insurance applications to evaluate the level of risk involved.

  • Assess factors such as the applicant's health, financial status, and lifestyle to determine insurability.

  • Review insurance policies to ensure accuracy and completeness.

  • Verify that policy applications comply with underwriting guidelines and regulations.

  • Utilize statistical models and data analysis to assess risk and make informed decisions.

  • Stay updated on industry trends and changes in underwriting standards.

  • Maintain accurate and detailed records of underwriting decisions and supporting documentation.

  • Prepare reports on underwriting activities and present findings to management.

  • Monitor policy renewals and make recommendations for adjustments as needed.


Qualifications:



  • Bachelor's degree in business, finance, or a related field.

  • Proven experience in underwriting.

  • Strong analytical and decision-making skills.

  • Excellent communication and interpersonal skills.

  • Knowledge of relevant laws, regulations, and industry standards.

  • Ability to work independently and collaboratively in a team environment.

  • Proficiency in using underwriting software and data analysis tools.

  • Attention to detail and strong organizational skills.


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