Sunday, March 8, 2020

Senior Underwriter at UAP Insurance Tanzania, March 2020

  AjiraLeo Tanzania       Sunday, March 8, 2020
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UAP Old Mutual Group
Jobs in Tanzania 2020: New Jobs Vacancies at UAP Old Mutual Group 2020
New Job Vacancy UAP Old Mutual Group, Branch Manager March 2020, Ajira Mpya Tanzania, Nafasi Za Kazi, Jobs In Tanzania
The UAP Old Mutual Group comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisition resulted in Old Mutual Kenya and UAP Holdings ( as well as Faulu Microfinance Bank ( forming one of the largest financial services groups with a growing footprint in East and Central Africa. The Group currently has operations in Kenya, Uganda, Tanzania, South Sudan and Rwanda.
We are rooted in our purpose of “Championing Mutually Positive Futures Every Day” and believe that a great customer experience is anchored in a great employee experience.

Position: Senior Underwriter - UAP Insurance Tanzania
Recruiter: Old Mutual Kenya
REF: 1508/KENY/GT/Senior Underwriter - HQ/Tanzania/170220
To Ensure that the company business is professionally written to an acceptable standard within the underwriting guidelines and arranged reinsurance program
Minimum Requirements...
§ University degree
§ Basic Insurance qualification
§ Sales and Marketing Qualification
Minimum of 3 years

Job Specification...
· Quotations and Risk Acceptances
- Ensure quotations allocated are done and approved by the Underwriting Manager and dispatched within the agreed turnaround time
- Accept all new agreed proposals which meets acceptable underwriting standards within the delegated authority
· Underwriting Process and Procedures
- Analyze and assess proposal forms and risk notes and confirm correctness within the acceptable underwriting standards
- Ensure all incoming business are captured in the system accurately and monitor backlog status and observe timely month end closing
- Prepare /Issue policies and endorsements for all classes of insurance within the system at the agreed turnaround time
- Process all endorsements within the agreed turnaround time
- Respond to all correspondence within the agreed turnaround time
- Ensure adherence to all the process, procedures and controls within the department
- Ensure Reinsurance allocations are done properly as per treaty on every business before capturing into the system
- Conduct trainings on various covers to team and intermediaries etc
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· Risk Management
- Analyze and assess proposals and risk notes and recommend on the need to carry out surveys for small to medium size non-standard risks
- Communicate to the client’s progress on the implementation of surveyor’s recommendations in improving the status of risks written
- Resolve internal control audit recommendations fully and ensure no issue automatically escalates
- Monitor the quantity and quality of work done with ZERO error which may result in disputes with other departments.
· Policy Renewals
- Work on the allocated renewal scrutiny listing 3 months prior to expiry of policy and dispatch renewal notices to producers/clients1 month prior to renewal date
- Follow up allocated policies falling due for renewal and provide weekly report to Underwriting manager to ensure achievement of monthly retention ratio of at least 80%
- Establish unrenewed list by 1st Week on the following month and make counter follow ups
· Reinsurance
- Liaising with the Reinsurance Section regarding risks requiring facultative reinsurance placements.
· Filing
– Comply with the agreed filing and record keeping system
· Customer Service
- Attend all customers enquiries and provide prompt attention and efficient service

Interested candidates who meet the above requirements are requested to apply for the roles through the link at the end of this advert.
ONLY short-listed candidates will be contacted.
Deadline: 18th March, 2020.

Thanks for reading Senior Underwriter at UAP Insurance Tanzania, March 2020

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