ABC Bank Underwriter Jobs in Kenya
ABC Bank Underwriter Jobs in Kenya
Reporting to the Innovations & Partnerships Manager, the job holder will be tasked with making sound underwriting decisions like marketing, customer service and administrative support affecting brokers/insured from initial submissions
through policy issuance and renewals.
Key Responsibilities:
Together with other Account Executives/ Underwriters, participates in the new business & renewal activities that support marketing and underwriting decisions which are consistent with business unit growth and retention goals.
Partners with Account Executives/Underwriters to establish support needs for new and renewal policies such as identifying/gathering relevant account information to quote and/or bind the policy; create exhibits.
Participates in pre-renewal meetings to define assignments.
Prepares underwriting/pricing exhibits including exposures, experience rating, profit and loss analysis, expense models, and updated account information.
Manages account documentation; proposals, agreement letters, reinsurance contracts, collateral agreements, policy change, endorsements & cancellations.
Ensures accurate and timely servicing and billing of accounts.
Communicates with brokers/agencies, insured’s/customers and internal departments through researches while resolving issues and responding to inquiries.
Quotes accounts within authority limits by reviewing exposures and experience rating, updating account information, rates and adjusts the price.
Provides information for regulatory compliance.
Provides administrative support and other related services as needed.
Participates in projects/assignments as required.
Minimum Qualifications, Knowledge, Experience & Key Competencies
Bachelor’s Degree in Business/Management /Economics or related field.
At least 4 years work experience in a similar position gained within an insurance brokerage set up.
Excellent interpersonal and communication skills.
Confident negotiation skills.
Decision making skills.
Excellent time management.
Accuracy and attention to detail.
Strong analytical skills.
Reliability and honesty.
Ability to work under pressure
How to Apply
If you believe you meet the above requirements, send your applications to the following address:
recruitment@abcthebank.com on or before 25th May 2022. Please put the position applied for as the subject of the email
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