PURPOSE:
Reporting to the Assistant Manager – Medical Risks, the Assistant Underwriter, Risk Pricing will provide insights that help to prudently evaluate, price and prescribe the terms to apply on risks proposed so as to deliver the desired loss ratio and profitability.
PRIMARY RESPONSIBILITIES:
- Review the risks presented in the company to ensure they are within the set underwriting guidelines and are covered under the reinsurance program.
- Support preparation of reinsurance reports on a monthly basis to ensure timely collection of reinsurance claims.
- Issue and approve quotations within specified limits.
- Review Monthly Claims Register, reserves and outstanding claims.
- Conduct Medical Underwriting review for retail proposals.
- Provide input on product development and business innovation initiatives to ensure continuous review of existing products to meet changing market needs.
- Prepare analytical reports on business trends, portfolio loss ratio and schemes of interest to ensure that the portfolio remains profitable and any adverse performance in corrected in a timely manner.
- Manage renewal process to achieve the set turnaround time and retention.
- Co-ordinate pricing activities to ensure quality and excellent customer service.
- Review existing risks, recommend and implement risk mitigation measures.
- Medical Underwriting for all retail proposal forms
- Propose regular updates to the underwriting guidelines in line with emerging trends and best practice.
| Key Skills, Knowledge, Experience and Behavioural Competencies | |||||||||||||
Academic and Professional Requirements
Experience Required:
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| Special Position Requirements (Optional section: any travel, security, hazard or related special conditions which apply to the position) | |||||||||||||
| · The role holder may be required to travel to distant branches or wherever the Company has any interest.
· Role holder may be required to work extended working hours to ensure jobs are completed on schedule and to specification. |
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 11th September, 2025. Please note only short-listed candidates will be contacted. If you do not hear from us by 31st October, 2025 consider your application unsuccessful.
N/B: This job advert is open to both internal and external candidates.