Underwriter at HRM Connection Ltd

Job Description

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HRM Connection Ltd has been serving a wide variety of industries as a human resource advisor, consultant, and on-site human resources department since

Duties & Responsibilities

Analyze and evaluate insurance applications to determine the risks of granting coverage. Determine the terms and conditions of insurance policies that meet the norms and requirements of our firms. Work with agents and brokers that policies are issued on time and efficiently. Examine and analyze data and reports in order to detect potential risks and make sound underwriting judgements. Respond to enquiries and concerns from agents, brokers, and policyholders with exceptional customer services. Maintain accurate underwriting records and documentation. Keep up with industry changes, laws and best practices.

Requirements

Knowledge and Skills:

An underwriter should have a thorough awareness of the insurance industry’s underwriting standards, principles, and best practices. Knowledge of risk assessment, pricing, policy terms and conditions, and regulatory requirements are all required. Underwriters must be able to assess data and reports in order to detect potential risks and make informed underwriting choices. They should also be able to evaluate risks and decide suitable price and coverage levels using critical thinking abilities. Good communication and Interpersonal Skills Time Management and Organizational skills Attention to Detail Understanding of Industry Trends and Developments

Educational Qualifications and Experience:

A bachelor’s degree in Actuarial Science or BCOM Diploma in insurance Certificate in insurance-COP 5-6 years of experience as an insurance underwriter Strong analytical and critical thinking capabilities Exposure to general insurance, medical, motor. Business development/ sales in insurance is an added advantage. Excellent interpersonal and communication abilities Proficiency in Microsoft Office applications and other related software, as well as the ability to operate independently and in a team context Understanding of underwriting concepts, rules, and practices Understanding insurance policies and coverage alternatives