P&C Underwriting Expert
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience 5 years
- Location Lagos
- Job Field Insurance 
Job Description
- Managing the underwriting function and providing support to the Head of underwriting and the Sales team.
- Driving and monitoring a consistent and coherent underwriting approach in areas of responsibility.
- Securing underwriting technical excellence in operational and expertise services to clients.
- Contribute to the development of business relationships with intermediaries and clients.
- Support the development and execution of underwriting strategy.
- Underwrite and negotiate the business according to the underwriting authority.
- Define the underwriting modalities of a contract.
- Develops sufficient market insights and trend awareness for markets and clients.
- Develops concepts to implement technical excellence in underwriters.
- Drive local portfolio management including analysis to monitor profitability and growth.
- Manage renewal portfolio.
Job Requirements
- Minimum of 5 years cognate experience in the insurance industry
- CIIN is an added advantage.
- Pricing and Market Management skills.
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Method of Application
Job Description
- Manage life claims according to regulation, internal and group procedures.
- Process all Life Insurance benefits and claims
- Provide advice on making a claim and the process involved.
- Assist in audits of external service providers as appropriate.
- Settle standard claims through payment or denial.
- Negotiate to ensure efficient and competitive settlement.
- Ensure unpursued claims are settled in accordance with settlement guidelines.
- Participate in the constitution of the claims’ committees and prepare reports to management.
- Coordinate between claims operational services and the support activities.
- Investigate and evaluate legal liability and identify the appropriate recovery strategy.
- Ensure an efficient salvage management by achieving the salvage initiative plan.
- Develop training material and deliver presentations to new employees and agents.
- Determine appropriate reserving levels.
- Ensure the success of the recovery actions.
Job Requirements
- Minimum of 3 years’ experience in Life claims, underwriting, and technical functions with an insurance company or any related field.
- Bachelor’s degree in Insurance, Business, Risk management or related field.
- CIIN certified
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