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Underwriter (Kisumu) - First Assurance Kenya

Absa Group Ltd

full time Kisumu Posted 2 days ago

Education and Experience Required:

  • Bachelor’s degree in insurance or business-related field 

  • Progress in Insurance Professional Qualification

  • At least 3 years’ experience in underwriting 

  • Ensuring renewal notices with appropriate terms are sent 60 days to renewal.

  • Policy document issuance within stipulated TAT.

  • Assist claims department by providing the required documents and details immediately

  • Approve and manage major quotations

  • Ensure retention of existing accounts

  • Assist in credit control

  • Overseeing retention portfolio in line with business strategy.

  • Controlling loss by assessing risk, conducting analysis and recommending policy solutions

  • Identifying portfolio risks resulting from client’s underlying business practices, underwriting investigations or fraud exposure.

  • Coordinating with internal stakeholders to initiate marketing strategies and meet market penetration and business growth objectives.

  • Supporting review, acceptance or denial of new or renewal business after carefully reviewing all information.

  • Proactively address escalated customer issues.

  • Driving growth through collaborative engagements with various distribution channels, insurance brokers, agents, banc assurance with enhanced service accessibility & client reach.

  • Meeting with customers, agents and brokers to negotiate coverage, price and service delivery.

  • Calculating group and individual renewal rates based on customers’ background, industry and demographic information.

  • Providing high level of assistance to help with review, classification, and rating of applications.

  • Offering friendly and efficient service to customers, handling challenging situations with ease