Underwriter

We currently have an exciting career opportunity for an Underwriter within Jubilee Life Insurance Limited. The position holder will report to the Assistant Manager – Underwriting and will be based at our Head Office in Nairobi.

Main Responsibilities

1. Operational
   Underwriting– Risk assessment, classifying of risk and pricing accordingly. Ensure that new clients comply with life insurance and pensions regulation relating to KYC and anti-money laundering guidelines.
   New Business Issuance–Ensuring timely issuing of new business within given TAT.
   Policy Document Preparation – Signing of policy documents as per the authority limits.
   Data Management – Ensuring data relating to new business is continuously updated and well maintained and handled with utmost confidentiality.
   Customer Care–Ensuring timely response to customer queries and requests and adhering to “get it right the first time” policy. Liaise with tied agents and intermediaries to achieve issuance of policies within given timelines.
   Book medical fees for doctors in the system and pay medical fees to doctors assigned to you within 30 days of Invoice.
   Keep up to date with industry changes and maintain good working relationships with our various stakeholders.
   Manage the not taken up policies to ensure conversion of pending proposals to issued business within given timelines.
   Monitor changes of policy premium status, identify and address process gaps within the New business function.
   Carry out financial underwriting for given policies and implement other activities aimed at improvements of new business persistency.
   Projects – Implementing projects relating to new business aimed at improving efficiency and accuracy.
   Maintain documents registry for scanned application forms and medical reports.
   Any other responsibility may be assigned by your supervisor or management from time to time.

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