Underwriting Assistant – Medical Risk at CIC Insurance

Job Description

CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi

PURPOSE :

To assess and prudently underwrite Medical Business in commercially sound terms and to ensure that all underwriting and documentation duties in the section operate effectively and efficiently.

PRIMARY RESPONSIBILITIES:

Accept or reject risk in line with the set underwriting guidelines; Preparation of renewal notices; To ensure proper and accurate debiting and crediting for both new business and renewals; Review of New Business quotations from Medical Sales. Prepare and process policy documents and renewal endorsements; Preparation of Contracts for review by Underwriting Manager; Medical Underwriting for all retail proposal forms; Preparation of Quarterly schemes performance reports for timely interventions to correct adverse trends; Review and approval of debits/credits before dispatch to the client; Review of Reconciliation of underwriting issues processed by Underwriting Assistants; Cancellation of policies due to non-payment of premiums. Respond to customer and intermediaries’ enquiries;

Academic and Professional Requirements

Education

Bachelor’s Degree in Business or in a related field Background in Actuarial Science or Statistics will be an added advantage  Computer literate in MS Office and other office applications  Progress towards CII or IIK

Experience Required:

Relevant experience 1