Job Description
Job Purpose:
Providing assistance to the Medical Underwriting Team leader in implementing the underwriting philosophy.
Key Responsibilities:
• Implement underwriting philosophy, strategy, process and guidelines for medical insurance business to ensure profitability and achievement of the set loss ratio targets.
• Analyse proposed risks and make decisions to accept or reject.
• Determine the rates and terms to charge.
• Ensure risk survey recommendations are communicated in time and follow up implementation.
• Ensure underwriters comply to the company credit policy.
• Manage company records and ensure proper filing of client information both manual and electronic.
• Delegated Authority: As per the approved Delegated Authority Matrix.
• Perform any other duties as may be assigned from time to time.
Key Performance Measures:
As described in your Personal Score Card.
Knowledge, Experience and Qualifications required:
• Bachelor’s degree (insurance option preferred).
• Progress in Professional qualification in Insurance (ACII, FLMI or IIK).
• 2-4 years’ experience in medical.
Technical/ Functional competencies:
• Knowledge of insurance regulatory requirements.
• Knowledge of insurance products.
• Sales and marketing management skills.