Underwriting officer

3 days ago

Abuja, FCT, Nigeria Fosad Consulting Full time ₦1,500,000 - ₦3,000,000 per year
Company Description

Our client, a leading insurance firm, is looking to recruit an entry level Underwriting Officer.

Job Description

gathering and assessing background information in order to effectively assess the risk involved;

calculating possible risk and deciding how much individuals or organisations should pay for insurance (the premium);

deciding whether the risk should be shared with a reinsurer;

computing results for appropriate premiums using actuarial information, other statistics and own judgement;

visiting brokers or potential customers and preparing quotes;

liaising with specialists, such as surveyors or doctors, for risk assessment;

gathering information and various types of reports (e.g. medical records) from specialists;

negotiating terms with policyholders or their brokers;

ensuring that premiums are competitive;

specifying conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm;

negotiating with brokers and drawing up contracts;

writing policies;

keeping detailed and accurate records of policies underwritten and decisions made.

Qualifications

Requirements:

• First degree in a numerate or semi-numerate discipline

• Strong oral and written communication skills

• Ability to manage customers' expectation effectively

• Ability to effectively plan, prioritise and organise caseload

• Proficiency in using MS Office suite

• Candidate must be fast at learning and able to deliver on turnaround time

Additional Information The role is open to candidates residing in Abuja or are willing to relocate.

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