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Senior Underwriter FAK Full-time Job

May 10th, 2023 at 12:54   General   Nairobi   Reference: 2239
Job Details

Job Description

 

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Job Summary

  • To work in the capacity of Senior Underwriter/Supervisor in a unit dealing with Quotations in the department to avoid delays and poor quality business.

Responsibilities

  •  Supervise the assigned underwriting team to ensure the Key Departmental deliveries are achieved especially on corporate quotations.
  •  Create strong underwriting technical capacity to enable us implement our 2023 -2026 Company strategy around tilting our business to non-motor
  •  Create a specialized QUOTATIONS unit within underwriting.
  •  Ensure risks are properly underwritten as per the company’s underwriting guidelines and within prescribed mandates.
  •  Ensure retention of existing business by timely invitation of renewals
  •  Posting Underwriting transactions and other related tasks within the prescribed timelines
  •  Receive Risk Notes, Issuing Debit notes and Policy Documents
  •  Processing policy documents for the new businesses
  •  Assist in Processing Loss ratio reports and review business performance
  •  Assist claims department by providing the required documents and details immediately
  •  Ensure 100% adherence to the debt management guidelines.
  •  Customer and Intermediary Relationship management

Requirements

Education

  • Bachelor’s Degree – Insurance, Actuarial, Mathematics or Economics
  • Minimum of 10 papers in ACII or AIK qualification
  • 5 years of Experience in Insurance (technical area)

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 31 May. 2023

 

Company Description
Absa Bank Limited