You Centred Consulting – Our client, an Insurance Firm, is recruiting suitably qualified candidates to fill the position below:
Job Title: Insurance Underwriter
Location: Victoria Island, Lagos
Employment Type: Full Time / Permanent
Job Profile
We are seeking a meticulous Insurance Underwriter to assess the risk factors of potential clients and establish coverage terms.
The ideal candidate will be responsible for implementing guidelines that ensure a balanced ratio of favorable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.
This role requires a comprehensive understanding of risk analysis, the ability to analyze data, and make informed decisions.
By effectively managing risk, the Insurance Underwriter plays a crucial role in maintaining the financial stability and profitability of the company.
Responsibilities
Review insurance applications for compliance and adherence
Assess clients’ background information and financial status
Liaise with specialists to gather information and opinions
Weight loss exposures and determine underwriting alternatives
Draw up a quotes for competitive insurance premiums
Negotiate and define the specific terms of insurance policies with brokers or policyholders
Keep detailed records of policies underwritten and decisions made
Balance between mass and homogeneity of risks to achieve predictability of future results
Develop and maintain a profitable book of business for the insurer
Follow applicable insurance laws
Requirements and Skills
4-7 years’ experience
Proven insurance underwriting experience
Hands-on experience with “smart systems”, analytical tools and statistical packages (spreadsheets,SPSS, databases etc)
Sensible judgement and attention to detail
Confident decision-making skills
Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
Proven numeracy and statistical skills
Insurance diploma or certification.
Application Closing Date
20th August 2023.
How To Apply
Interested and qualified candidates should send their CVs to: [email protected] using the Job Title as the subject of the mail.
Deadline: August 20, 2023
Job Features
Job Category | Insurance |