Assistant Underwriter at Madison Group Limited

Job Description (adsbygoogle = window.adsbygoogle || []).push({}); Madison Group Limited is a locally owned financial services holding company that specializes in Insurance and wealth management services. The Group comprises of Madison Life Assurance Kenya Limited, Madison General Insurance Kenya Limited, and Madison Investment Managers Limited. Madison Life Assurance Kenya was originally incorporated under Kenyan Laws in as Madison Insurance Company Limited (MICK) after a successful merger between Crusader Plc and Kenya Commercial Insurance Corporation. Duties and Responsibilities Processing of underwriting transactions such as new businesses, renewals and endorsements.Processing and issuance of motor certificates, valuation letters and yellow cards.Underwriting and processing work allocated from immediate supervisor and ensuring all debits are put through in the correct month to facilitate premium collection.Assisting clients in identifying our products that suits their needs in line with insurance principles.Prepare and issue cancellation notices in case of non-payment of premium for specified coversPreparation and issuance of Renewal notices sixty dates before renewal dateAssist in claims handling.Assist in preparation and issuing quotations.Attending to all telephone enquiries by our clients and brokers and giving clarifications and guidance where necessary.Liaising with other departments on matters related to work at my disposal and any other enquiries that point towards a better working environment.Liaising with intermediaries’ brokers and agents to solve any problems they may have and ensure efficient service delivery.Assist in preparing loss ratios and risk reviews.Any other duties that may be allocated from time to time. Qualifications and Work Experience Bachelor’s Degree in Actuarial Science or related coursesUp to years’ relevant experienceGood analytical skillsExcellent communication and presentation skillsProblem solving skillsExcellent customer care skillsExcellent interpersonal skillsComputer literate in MS Office and other office applicationsTechnical competence in insuranceBasic knowledge of regulations by AKI and IRA