Job Vacancy For Underwriting Manager

Accra
Permanent
Full-time

30 days ago

Job Vacancy For Underwriting ManagerA reputable Non-Life insurance company is looking to recruit the following. In addition to an excellent salary and other benefits, the roles offer an outstanding opportunity to progress with an expanding company: Underwriting ManagerThe successful candidate will be required to work closely with the marketing team, brokers, reinsurance and claims heads, to strike and maintain a balance between attracting and retaining customers through competitive insurance premiums and being able to cover any potential losses from claims.The successful candidate will report directly to the company's Chief Operations Officer.Responsibilities

Perform analytical review and risk analysis for underwriting decisions in accordance wth underwriting guidelines
Support long and short-term business strategies through quality underwriting, customer service and production initiatives
Responsible for the successful evaluation, documentation, selection, negotiation and pricing for assigned policies in order to ensure a profitable book of business
Responsible for the leadership and management of a team of underwriters to achieve the company's production and quality goals
Ensure endorsements, renewals and cancellations are reviewed and analysed in accodance with standards and guidelines
Ensure operational excellence by providing input to improve processes and workflows
Provide direction and support to the branches on underwriting matters
Conduct Pre-Loss Surveys for policy enhancement
Ensure effective management of value books
Monitor critical areas, such as loss ratio, costs, retention ratio and new business hit ratio (the ratio of insurance quotes accepted to the total number issued), formulating corrective action where necessary
Provide daily, weekly and monthly reporting as applicable to the Chief Operations Officer
Assign work within the assigned team and collaborate with others as needed to ensure prompt and professional underwriting service is provided
Mentor and guide less experienced underwriters within the organisation
Work with other business units to support market penetration objectives and seek out cross-selling opportunities as appropriate
Contribute to operational software maximisation
Review of policies before year ends
Liaise with all underwriters in all branches and any of our outlets
Additional related duties may be assigned, as required

Qualification Required & Experience

ACII qualified, technically sound in underwriting and a proven and demonstrate wealth of experience in underwriting
Mature, aged 40 years plus and able to lead and train an enthusiastic team
Computer literate, numerate, analytical skills and an eye for detail and the ability to handle a varied workload where the priorities are constantly changing
Must possess at least 10 years experience in a similar role
Ability to liaise with the Reinsurance Unit, Claims, Agency, Marketing and Accounts units
Ability to lead and galvanise the team
Must be on top of reinsurance, claims and marketing
Should be able to interpret reinsurance treaty contracts

Location: AccraHow To Apply For The JobQualified persons should kindly send their cover letters and CVs to this email address:recruitmenthr823@gmail.comClosing Date: 02 March, 2022

Ghana Current Jobs

Apply Now