Job Role: Technical Underwriter

Qualification: HND or bachelor’s degree or any of the Humanities. Professional qualifications would be an added advantage.

Age Range: 25 – 35 years

Minimum Requirements:

Minimum of 3 years post qualification experience of which at least 2 must have been in the Insurance Services Sector.

Job Responsibilities and Duties:

• Maintain current and accurate data documentation of all new businesses underwritten.
• Allocate policy numbers to new business.
• Prepare policy document for every new business and pass to sectional head for review and approval.
• Prepare reinsurance advice on all new business and collate returns from branches to enable reinsurance unit.
• Processing of all claims request in a timely and efficient manner.
• Review of actuarial reports on claims and make appropriate recommendation to the Unit Head.
• Ensure proper and detailed investigation and research are carried out on reported claims cases.
• Prepare weekly reports to the Head of the unit.
• Ensure prompt treatment of credible claims.
• Comply with the company’s claims processes and policies.
• Ensure accurate documentation of all claims transactions and proper maintenance of claims documentation.
• Ensure strict compliance with the company’s claims processes and policies.
• Ensure accurate documentation of all claim transactions and proper maintenance of all claims documentation.
• Other duties as assigned by Unit Head from time to time.
• Make apportionment and placement of risk.
• Raise cheque requisition to pay co-insurers.

Key Competency Requirements:

Core Skills:

• Legal and regulatory framework of insurance business.
• General Insurance principles and practice.
• Principles and practice Reinsurance.
• Risk perception, exposure and underwriting.
• Claims Processing and Management.
• IT applications in insurance business.
• Risks improvement and control.
• Statistical Analysis.

General Skills:

• Environmental Awareness.
• Communication.
• Analytical skills.
• Learning Orientation.
• Interpersonal Skills.
• Performance Management.
• Office productivity IT tools.

How to Apply:

Interested and qualified candidates are required to forward their CV and Application Letter clearly stating their position of interest to: careers@chiplc.com