Underwriter

3 weeks ago


Lagos, Lagos, Nigeria LEAD Enterprise Support Company Limited Full time

Job Summary/Objective:

The Underwriter will assess the risk of insuring a person or company according to the likelihood of a claim being made. He/She will strike and maintain a balance between attracting and retaining customers through competitive insurance premiums and being able to cover any potential losses from claims.

Key Duties and Responsibilities:

  • The Underwriter would assist in doing the following:
  • Review insurance applications for compliance and adherence.
  • Liaise with the Senior Underwriter and specialist to gather information and opinions.
  • Draw up quotes for competitive insurance premiums.
  • Negotiate and define the specific terms of insurance with policyholders and partners.
  • Balance between mass and homogeneity of risks to predict future risk.
  • Follow applicable insurance laws.

Job Requirements and Skills:

  • HND/BSc in Insurance or related field.
  • Two years of work experience in life assurance underwriting and rating.
  • Experience in Insurance Indemnity is considered an additional advantage
  • Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposure.
  • Confident decision-making skills.
  • Knowledge of statistical packages.
  • Ability to work independently and in a team.

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