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P&C Underwriting Expert

  • Job Type Full Time
  • Qualification BA/BSc/HND
  • Experience 5 years
  • Location Lagos
  • Job Field Insurance&nbsp

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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