PURPOSE:
The position holder will support the Technical and Risk Improvement function through planning and execution of Risk Survey and Risk Improvement functions within the department to ensure achievement of underwriting standards in line with the company’s objective.
PRIMARY RESPONSIBILITIES:
RISK SURVEYING
- Review our General Business book and identify Risks to Survey
- Conduct pre-cover and existing business Risk Surveys and Desktop Risk Assessments
- Prepare detailed Risk Survey/ Assessment reports
- Propose, communicate and follow up on implementation of Risk Improvement Recommendations (RIR)
- In liaison with Claims Department, propose improvement measures on risks with large claims.
- Propose estimated maximum loss (EML) and maximum possible loss (MPL) to be applied to guide reinsurance cessioning for surveyed risks
- Keep a monthly & Quarterly schedule of surveyed risks, progress of implementation of risk improvement recommendations and profiling the risk levels
- Reviewing risk survey reports from external surveyors and communicating risk improvement recommendations.
PRICING & CLIENT RELATIONS
- Prepare and release all quotations and tenders for intermediaries/direct customers as per underwriting guidelines.
- Provide timely advisory support to sales, ROs, branches and regions on terms to apply for quality underwriting.
- Ensure fair and adequate premiums are set given the competitive nature of insurance.
- Underwriting and providing general advice on quotations to improve on new and existing risks.
- Promote good business relationship with the intermediaries and clients through good service
GENERIC DUTIES
Provide periodical business and other reports to the supervisor
AUDIT, COMPLIANCE AND RISK MANAGEMENT
- Strict adherence to all regulations, statutes, standards, practices and all internal processes and procedures as per the relevant manuals and comply with all relevant external legislation and regulations with regard to Compliance requirements.
- Ensure that as a staff you actively contribute to the department/division attaining a “good” rating in both internal and external audit by performing your role to the required standards and adhering to all internal processes and procedures as per relevant manuals, policies and regulations of the Company.
- Ensure that all risk management requirements within your remit are addressed and where necessary escalated through the available defined channels
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Academic and Professional Requirements
Experience Required:
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Job Profile Sign-Off
In the performance of their respective tasks and duties, all employees are expected to conform to the following;
- Perform quality work within deadlines, right first time with or without direct supervision.
- Interact professionally with other employees, customers and suppliers.
- Work effectively as a team contributor on all assignments.
- Work independently while understanding the necessity for communicating and co-coordinating work efforts with other employees and organizations.
- Unconditional positive regard for customers.
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.
The application should reach us by close of business on 30th April, 2025. Please note only short-listed candidates will be contacted. If you do not hear from us by 30th June, 2025 consider your application unsuccessful.
N/B: This job advert is open to both internal and external candidates.