Vacancy title:
Underwriter - Health
Jobs at:
UAP Group
Deadline of this Job:
15th april 2019
Summary
Date Posted: 10th april 2019 , Base Salary: Not Disclosed , Employment Type: Full_Time , Currency: RWF , Value: 100000 , Minimum: 70000 , Maximum: 300000 , Period: MONTH
JOB DETAILS:
EXCITING CAREER OPPORTUNITIES
Old Mutual plc. Is a leading multinational long-term savings, protection and investment group which has been operating for over 170 years. It has operations in Africa, Europe, the Americas, and Asia, supported by over 56,000 employees serving over 16 million customers. Old Mutual is listed on the London and Johannesburg Stock Exchange.
The UAP Old Mutual Group comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisition resulted in Old Mutual Kenya (www.oldmutual.co.ke), UAP Holdings (www.uap-group.com) and Faulu Microfinance Bank (www.faulukenya.com) forming one of the largest financial services groups with a growing footprint in East and Central Africa. The Group currently has operations in Kenya, Uganda, Tanzania, South Sudan, Rwanda and the Democratic Republic of Congo.
The Group now offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Banking, and Savings as well as a wider and more accessible distribution network. The wider group also offers broad career growth prospects for employees. It, therefore, wishes to fill the below vacant position with a qualified, experienced and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The position’s details are further outlined below:
UNDERWRITER - HEALTH (1POST) ROLE SIZE L
Purpose of Role
Reporting to the Manager-Health, The underwriter will be responsible for underwriting of corporate schemes and account relationship management for the health corporate business.
S/He will be responsible for the renewal budget for the corporate accounts assigned to him through maintaining high levels of customer service at all times through daily interaction both internally and externally. .
Key Objectives and Responsibilities
• Apply standard rates, calculate premiums, and underwrite renewal business endorsements, and cancellations.
• Prepare renewal terms for corporate business in time and ensure close and tactical follow up to renew the businesses of renewal letters and follow up.
• Prepare premium invoices and ensure timely premium collection as per the credit policy.
• Follow up on debt collection and reporting
• Ensure accurate benefits set up and membership maintenance in the system.
• Ensure timely scheme performance reporting as per SLA’s with clients and intermediaries and attend scheme performance review meetings as per set guidelines.
• Ensures that systems and procedures covering underwriting operations are adhered to and supervises the Underwriting Assistants to ensure quality and timely service
• Works closely with field marketing staff/agents, brokers to develop and maintain positive business partnerships
• Liaison with brokers/agents and direct clients to verify information, explain and interpret coverage.
• Preparation of member guides and underwriting summaries.
• Generate utilization reports, member statements, and loss ratio trends.
• Ensure compliance with standards of service/Customer service charter in all underwriting operations.
• Enforces the no – credit policy and ensures that premiums are up to date for section accounts through a timely collection of premiums.
• Market company products to brokers, agents, and walk-in clients to maximize on new business acquisition strategies.
• Perform any other duties as may be requested by Management.
Skills and Competencies
• Computer literate
• Good interpersonal relations skills
• Articulate and polished in communication
• Good organizational skills
• Knowledge in medical risk assessment.
• Diplomacy and tact
• Honesty and integrity
• Good assessment and analytical skills
• Ability to work with a team
• Ability to meet deadlines
• Ability to interact at all levels
• Knowledge of Kenyan insurance market
Academic Requirements and Professional Affiliations
• Degree in Actuarial Science, Statistics or any business-related course.
• Progressing to diploma in CII, or any other insurance professional related qualification.
• Experience medical insurance underwriting
• Demonstrate interest in attaining professional insurance qualification.
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Job application procedure
Interested candidates who meet the above requirements are requested to apply for the roles through resourcing@uap-oldmutual.com by 5.00 p.m. 15th April 2019.
ONLY short-listed candidates will be contacted.
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