Head, Technical Underwriting Vacancy at CHI Microinsurance Limited

About the role

Head, Technical Underwriting job opportunity is available at CHI Microinsurance Limited for individuals who possess relevant qualifications.

Responsibilities

• Maintain current and accurate documentation of all business underwritten.
• Allocate policy numbers to new business and distribute proposal form to clients.
• Receive renewal instruction/advice on existing policies from clients/brokers to effect renewal of policies.
• Prepare policy document for all businesses.
• Issue renewal certificate.
• Collate, sort and separate about-to-lapse files from those still in force to determine those needing renewal notice.
• Verify the currency and accuracy of information in underwriting files requiring renewal notice.
• Generate renewal notice through the computer and dispatch to clients.
• Compute additional/return premium due for alteration.
• Receive discharge voucher from claims unit and effect necessary alteration on policy.
• Update all transactions on the computer.
• Write reminder letter for policies not renewed after about a month.
• Supervise activities of team members to ensure timely and efficient service delivery.
• Ensure that the teams within the unit have adequate allocation of human and physical resources to enable them meet defined objectives.
• Recommends for settlement/ repudiation of claims and advice as appropriate.
• Provide advice to the Underwriting Units on policy wordings, terms and conditions.
• Prepare and present the unit’s budget to the MD, CHI Micro for approval.
• Ensure that subordinates are given on-the-job and outside training to equip them to perform efficiently and effectively.
• Submit periodic reports on the unit’s operations to MD, CHI Micro and recommend corrective actions where there are deviations from plan.

Experience and qualifications

• Qualification: BSc/HND, ACII/AIIN
• Experience: 3-5 Years in Life Underwriting
• Age: 25 – 40years

Skills Requirements
Core Skill:

• Legal and regulatory framework of insurance business
• Strategic management
• General Insurance principles and practice
• Underwriting Management
• Claims Processing
• Risks improvement and control
• IT applications in insurance business
• Statistical Analysis
• Special risks underwriting

Generic Skills:

• Organisation Context
• Environmental Awareness
• Leadership
• Communication
• Analytical skills
• Learning Orientation
• Interpersonal Skills:
• Performance Management

Application deadline

Not Specified.

Application details

Interested and qualified candidates should send their CV to: hr@chiplc.com using the Job Title as subject of the email

WHO IS CHI Microinsurance Limited?

CHI Microinsurance Limited is a new Micro Life Assurance company, a subsidiary of Consolidated Hallmark Insurance Plc.