Summary
Date Posted: Monday, August 12 2024, Base Salary: Not Disclosed

JOB DETAILS:
DUTIES AND RESPONSIBILITIES
• To monitor and analyses, loss, exposure, underwriting and premium trends for all lines of business to make corrective actions to improve growth and profitability;
• To ensure underwriting excellence across all product lines, by establishing and ensuring adherence to risk appetite, line setting, standards and guidelines, and ensure rating and pricing adequacy;
• To participate in the product development initiatives and maintain ownership of products developed;
• To analyze, review and provide appropriate suggestions relating to various policy wordings to ensure that Corporation interest are protected;
• To assist in undertaking facultative reinsurance placements in liaison with the Reinsurance Department;
• To participate in developing mutual understanding of overall product strategy to drive effective execution of business model in liaison with marketing and communication unit;
• To check premium rates applicable to endorsements other renewals and see if correctly applied;
• To apportion risks under the various reinsurance treaties and/or facultative placements;
• To prepare endorsements and renewal documents and carry out routine correspondences; and
• To perform any other related duties assigned by the supervisor

QUALIFICATION AND EXPERIENCE
Holder of Bachelor Degree in one of the following fields; Insurance and Risk Management, Actuarial Science or equivalent qualifications from a recognized institution. At least seven (7) years working experience in the related field with good proven records in general insurance clusters of motor, aviation, marine, engineering, agriculture, oil and gas, COMESA and Regional Customs Transit Guarantee (RCTG), miscellaneous and personal accident insurance, fire, engineering or related.

REMUNERATION NICS 6

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

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